Pulaski County, IN · Sold

IN-584858

1240 County Road 331

$261,200

$15,474/ac · 16.88 ac

Offer report Market this tract

Acreage16.88 ac

Price per acre$15,474/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedAug 12, 2024

Coordinates41.0198, -86.7128

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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

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

View Pulaski market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope18.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

573 ft of deeded road frontage.

Power234 ft away

Power at or near the road.

Buildable area13.40 of 16.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$200,792

$171,372 – $230,212 · $11,895/ac on 16.88 ac

Asking vs estimate

+30.1%

Priced above 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 $261,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$114,738

$6,797/ac · +30.0% target margin

You need $146,462 off asking to hit this margin.

All-in cost$124,491

Net resale$184,728

Projected profit$60,238

ROI+48.4%

Annualized+69.3%

Break-even resale$8,016/ac

Profit if resale lands off target

-20%

$23,292

-10%

$41,765

$60,238

+10%

$78,710

+20%

$97,183

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-974947 Paved · Power at road	18.0	Jul 27, 2026	$327,600	18,198	13,394	4.3 mi	92
IN-504263 Gravel · Off grid	11.0	Nov 12, 2025	$104,700	9,547	9,546	2.3 mi	79
IN-285495 Paved · Power at road	26.8	Jul 13, 2026	$332,300	12,408	9,652	6.3 mi	79
IN-333489 Dirt · Off grid	6.3	Jul 27, 2026	$70,300	11,235	12,201	5.9 mi	78
IN-706372 Paved · Full utilities	50.5	Jul 24, 2026	$713,300	14,110	10,049	4.6 mi	75
IN-755035 Gravel · Power at road	19.2	Oct 23, 2024	$284,800	14,839	13,946	5.2 mi	74
IN-474593 Landlocked · Off grid	13.9	Jun 11, 2024	$124,100	8,911	14,175	6.8 mi	73
IN-505757 Dirt · Power at road	32.4	Jan 29, 2025	$380,700	11,762	13,723	1.0 mi	72
IN-743487 Gravel · Full utilities	6.3	Jul 27, 2026	$107,500	17,194	11,188	3.7 mi	72
IN-125903 Gravel · Power at road	36.0	Jan 8, 2025	$387,300	10,763	11,021	2.8 mi	71

Show adjustment detail for the top comp

Tract size (18 ac → 16.88 ac)+0.8%
Access (Paved → Dirt)-27.1%

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.

Build the listing kit Post a deal or JV