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Parke County, IN · Sold

IN-803474

700 County Road 296

$56,900
$9,192/ac · 6.19 ac
Acreage6.19 ac
Price per acre$9,192/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMay 4, 2026
Coordinates39.7561, -87.1736
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
27
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power236 ft away

Power at or near the road.

Buildable area4.98 of 6.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$54,573
$41,742$67,404 · $8,816/ac on 6.19 ac
Asking vs estimate
+4.3%
In line with the comp set

Weighted from 7 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 $56,900
Maximum allowable offer
$31,185
$5,038/ac · +30.0% target margin

You need $25,715 off asking to hit this margin.

All-in cost$33,836
Net resale$50,207
Projected profit$16,372
ROI+48.4%
Annualized+69.2%
Break-even resale$5,942/ac
Profit if resale lands off target
-20%
$6,330
-10%
$11,351
0%
$16,372
+10%
$21,393
+20%
$26,413
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-423258
Landlocked · Off grid
5.3Jul 27, 2026$27,1005,1087,5562.1 mi
85
IN-593481
Gravel · Full utilities
6.2Jul 20, 2026$77,50012,4648,8156.3 mi
85
IN-223206
Gravel · Power at road
5.1Jun 19, 2025$37,0007,2506,4744.9 mi
76
IN-302472
Gravel · Power at road
3.0Jul 27, 2026$39,00013,00710,8846.7 mi
75
IN-893880
Gravel · Off grid
8.3Jun 10, 2024$68,2008,2059,2293.8 mi
73
IN-512334
Dirt · Off grid
2.7Jun 28, 2025$14,8005,4586,5130.9 mi
71
IN-864521
Dirt · Off grid
13.2Apr 11, 2025$127,8009,67012,7224.6 mi
67
Show adjustment detail for the top comp
  • Tract size (5.3 ac → 6.19 ac)-0.8%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%

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.