IN-593481
4838 County Road 203
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Parke County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Parke market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $46,076 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-803474 Dirt · Power at road | 6.2 | Jul 27, 2026 | $58,400 | 9,431 | 13,405 | 6.3 mi | 85 |
| IN-423258 Landlocked · Off grid | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 10,716 | 4.2 mi | 83 |
| IN-223206 Gravel · Power at road | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 9,182 | 8.0 mi | 79 |
| IN-302472 Gravel · Power at road | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 15,436 | 7.8 mi | 75 |
| IN-893880 Gravel · Off grid | 8.3 | Jun 10, 2024 | $68,200 | 8,205 | 13,089 | 3.0 mi | 72 |
| IN-864521 Dirt · Off grid | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 18,043 | 2.9 mi | 66 |
| IN-512334 Dirt · Off grid | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 9,237 | 6.0 mi | 64 |
Show adjustment detail for the top comp
- Access (Dirt → Gravel)+16.3%
- Utilities (Power at road → Full utilities)+22.0%
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.