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Parke County, IN · Sold

IN-512334

9311 County Road 80

$17,200
$6,347/ac · 2.71 ac
Acreage2.71 ac
Price per acre$6,347/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJan 10, 2025
Coordinates39.7662, -87.1843
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

339 ft of deeded road frontage.

Power14,544 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.51 of 2.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,245
$18,307$24,184 · $7,840/ac on 2.71 ac
Asking vs estimate
-19.0%
Priced below the comp set

Weighted from 10 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 $17,200
Maximum allowable offer
$12,140
$4,480/ac · +30.0% target margin

You need $5,060 off asking to hit this margin.

All-in cost$13,172
Net resale$19,546
Projected profit$6,374
ROI+48.4%
Annualized+69.3%
Break-even resale$5,283/ac
Profit if resale lands off target
-20%
$2,465
-10%
$4,419
0%
$6,374
+10%
$8,328
+20%
$10,283
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-302472
Gravel · Power at road
3.0Jul 27, 2026$39,00013,0079,5565.9 mi
83
IN-381736
Paved · Off grid
1.8Jul 27, 2026$19,40011,0097,9654.2 mi
81
IN-803474
Dirt · Power at road
6.2Jul 27, 2026$58,4009,4318,2980.9 mi
79
IN-423258
Landlocked · Off grid
5.3Jul 27, 2026$27,1005,1086,6341.8 mi
79
IN-381387
Gravel · Off grid
1.4Jul 27, 2026$9,5006,9065,8734.1 mi
77
IN-593481
Gravel · Full utilities
6.2Jul 20, 2026$77,50012,4647,7396.0 mi
72
IN-631007
Gravel · Off grid
1.0May 3, 2026$8,8008,4727,2514.8 mi
71
IN-511347
Gravel · Off grid
1.3Jun 13, 2025$14,10010,5839,4201.0 mi
71
IN-701704
Gravel · Power at road
1.7Dec 18, 2024$17,0009,8977,6632.5 mi
69
IN-241096
Gravel · Power at road
1.1Feb 12, 2026$12,00010,7987,9334.5 mi
68
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.