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Parke County, IN · Sold

IN-631007

843 County Road 386

$9,900
$9,519/ac · 1.04 ac
Acreage1.04 ac
Price per acre$9,519/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 8, 2026
Coordinates39.7505, -87.2728
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Parke County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Parke market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands36.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

201 ft of deeded road frontage.

Power3,512 ft away

Service extension needed; get a utility quote.

Buildable area0.63 of 1.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,638
$8,048$11,228 · $9,268/ac on 1.04 ac
Asking vs estimate
+2.7%
In line with the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $9,900
Maximum allowable offer
$5,508
$5,296/ac · +30.0% target margin

You need $4,392 off asking to hit this margin.

All-in cost$5,976
Net resale$8,867
Projected profit$2,891
ROI+48.4%
Annualized+69.2%
Break-even resale$6,246/ac
Profit if resale lands off target
-20%
$1,118
-10%
$2,004
0%
$2,891
+10%
$3,778
+20%
$4,664
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-241096
Gravel · Power at road
1.1Feb 12, 2026$12,00010,7989,3801.9 mi
90
IN-381387
Gravel · Off grid
1.4Jul 27, 2026$9,5006,9066,9456.0 mi
85
IN-381736
Paved · Off grid
1.8Jul 27, 2026$19,40011,0099,4197.0 mi
82
IN-110398
Landlocked · Off grid
0.7May 18, 2026$4,8007,20510,6641.4 mi
81
IN-511347
Gravel · Off grid
1.3Jun 13, 2025$14,10010,58311,1385.2 mi
77
IN-230302
Paved · Full utilities
0.6Jul 27, 2026$9,00014,5818,5906.4 mi
76
IN-302472
Gravel · Power at road
3.0Jul 27, 2026$39,00013,00711,2996.4 mi
72
IN-701704
Gravel · Power at road
1.7Dec 18, 2024$17,0009,8979,0613.5 mi
71
IN-512334
Dirt · Off grid
2.7Jun 28, 2025$14,8005,4586,7614.8 mi
65
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.