Pulaski County, IN · Sold

IN-125903

875 County Road 257

$375,700

$10,439/ac · 35.99 ac

Offer report Market this tract

Acreage35.99 ac

Price per acre$10,439/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedJun 14, 2024

Coordinates40.9847, -86.7408

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County GIS boundary

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

875 ft of deeded road frontage.

Power218 ft away

Power at or near the road.

Buildable area29.23 of 35.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$444,704

$362,599 – $526,808 · $12,356/ac on 35.99 ac

Asking vs estimate

-15.5%

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 $375,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$254,116

$7,061/ac · +30.0% target margin

You need $121,584 off asking to hit this margin.

All-in cost$275,716

Net resale$409,127

Projected profit$133,411

ROI+48.4%

Annualized+69.3%

Break-even resale$8,327/ac

Profit if resale lands off target

-20%

$51,586

-10%

$92,499

$133,411

+10%

$174,324

+20%

$215,237

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-706372 Paved · Full utilities	50.5	Jul 24, 2026	$713,300	14,110	10,474	7.3 mi	83
IN-974947 Paved · Power at road	18.0	Jul 27, 2026	$327,600	18,198	13,959	4.8 mi	81
IN-285495 Paved · Power at road	26.8	Jul 13, 2026	$332,300	12,408	10,060	7.8 mi	80
IN-397065 Gravel · Off grid	83.5	Jul 12, 2026	$592,500	7,096	9,969	1.1 mi	78
IN-505757 Dirt · Power at road	32.4	Jan 29, 2025	$380,700	11,762	14,303	2.4 mi	77
IN-504263 Gravel · Off grid	11.0	Nov 12, 2025	$104,700	9,547	9,949	2.1 mi	72
IN-584858 Dirt · Power at road	16.9	Oct 28, 2024	$217,800	12,905	14,467	2.8 mi	70
IN-755035 Gravel · Power at road	19.2	Oct 23, 2024	$284,800	14,839	14,535	7.9 mi	67
IN-566564 Landlocked · Full utilities	58.1	Feb 29, 2024	$419,800	7,227	10,544	2.2 mi	66
IN-916976 Gravel · Power at road	78.3	Aug 12, 2024	$993,400	12,689	16,124	6.8 mi	65

Show adjustment detail for the top comp

Tract size (50.55 ac → 35.99 ac)+6.6%
Access (Paved → Gravel)-15.3%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV