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Pulaski County, IN · Sold

IN-566564

6557 County Road 187

$443,800
$7,640/ac · 58.09 ac
Acreage58.09 ac
Price per acre$7,640/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedOct 8, 2023
Coordinates41.0163, -86.7345
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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

1 item to verify before you offer.

Risk index
32
Moderate risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area53.86 of 58.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$553,472
$461,273$645,672 · $9,528/ac on 58.09 ac
Asking vs estimate
-19.8%
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 $443,800
Maximum allowable offer
$316,270
$5,444/ac · +30.0% target margin

You need $127,530 off asking to hit this margin.

All-in cost$343,153
Net resale$509,195
Projected profit$166,042
ROI+48.4%
Annualized+69.2%
Break-even resale$6,421/ac
Profit if resale lands off target
-20%
$64,203
-10%
$115,122
0%
$166,042
+10%
$216,961
+20%
$267,881
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-397065
Gravel · Off grid
83.5Jul 12, 2026$592,5007,0967,5401.3 mi
86
IN-706372
Paved · Full utilities
50.5Jul 24, 2026$713,30014,1107,9225.1 mi
85
IN-127666
Gravel · Full utilities
129.1Jul 27, 2026$1,491,30011,5559,5143.5 mi
77
IN-285495
Paved · Power at road
26.8Jul 13, 2026$332,30012,4087,6097.4 mi
77
IN-974947
Paved · Power at road
18.0Jul 27, 2026$327,60018,19810,5583.4 mi
70
IN-125903
Gravel · Power at road
36.0Jan 8, 2025$387,30010,7638,6882.2 mi
69
IN-505757
Dirt · Power at road
32.4Jan 29, 2025$380,70011,76210,8181.7 mi
69
IN-916976
Gravel · Power at road
78.3Aug 12, 2024$993,40012,68912,1954.8 mi
69
IN-584858
Dirt · Power at road
16.9Oct 28, 2024$217,80012,90510,9421.2 mi
60
IN-755035
Gravel · Power at road
19.2Oct 23, 2024$284,80014,83910,9945.7 mi
58
Show adjustment detail for the top comp
  • Tract size (83.5 ac → 58.09 ac)+8.4%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.4%

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.