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Parke County, IN · Sold

IN-241096

7657 County Road 372

$13,000
$11,712/ac · 1.11 ac
Acreage1.11 ac
Price per acre$11,712/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMay 13, 2025
Coordinates39.7277, -87.2530
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope13.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power208 ft away

Power at or near the road.

Buildable area0.85 of 1.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,956
$9,945$13,967 · $10,771/ac on 1.11 ac
Asking vs estimate
+8.7%
Priced above 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 $13,000
Maximum allowable offer
$6,832
$6,155/ac · +30.0% target margin

You need $6,168 off asking to hit this margin.

All-in cost$7,413
Net resale$11,000
Projected profit$3,587
ROI+48.4%
Annualized+69.3%
Break-even resale$7,259/ac
Profit if resale lands off target
-20%
$1,387
-10%
$2,487
0%
$3,587
+10%
$4,687
+20%
$5,787
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-631007
Gravel · Off grid
1.0May 3, 2026$8,8008,47210,0791.9 mi
92
IN-381387
Gravel · Off grid
1.4Jul 27, 2026$9,5006,9068,1644.4 mi
85
IN-381736
Paved · Off grid
1.8Jul 27, 2026$19,40011,00911,0735.5 mi
83
IN-511347
Gravel · Off grid
1.3Jun 13, 2025$14,10010,58313,0944.5 mi
77
IN-110398
Landlocked · Off grid
0.7May 18, 2026$4,8007,20512,5372.6 mi
77
IN-230302
Paved · Full utilities
0.6Jul 27, 2026$9,00014,58110,0997.0 mi
75
IN-302472
Gravel · Power at road
3.0Jul 27, 2026$39,00013,00713,2847.7 mi
74
IN-701704
Gravel · Power at road
1.7Dec 18, 2024$17,0009,89710,6532.4 mi
74
IN-512334
Dirt · Off grid
2.7Jun 28, 2025$14,8005,4587,9494.5 mi
64
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.2%

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.