Pulaski County, IN · Sold

IN-706372

2239 County Road 234

$671,000

$13,274/ac · 50.55 ac

Offer report Market this tract

Acreage50.55 ac

Price per acre$13,274/ac

ZoningMixed Use

Road accessPaved

UtilitiesFull utilities

TopographyFlat

ListedFeb 2, 2026

Coordinates41.0853, -86.6986

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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

Low risk

Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area43.84 of 50.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$868,170

$726,667 – $1,009,673 · $17,174/ac on 50.55 ac

Asking vs estimate

-22.7%

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 $671,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$496,097

$9,814/ac · +30.0% target margin

You need $174,903 off asking to hit this margin.

All-in cost$538,265

Net resale$798,717

Projected profit$260,451

ROI+48.4%

Annualized+69.2%

Break-even resale$11,574/ac

Profit if resale lands off target

-20%

$100,708

-10%

$180,580

$260,451

+10%

$340,323

+20%

$420,195

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	18,854	5.4 mi	78
IN-397065 Gravel · Off grid	83.5	Jul 12, 2026	$592,500	7,096	13,465	6.2 mi	76
IN-285495 Paved · Power at road	26.8	Jul 13, 2026	$332,300	12,408	13,587	7.9 mi	76
IN-127666 Gravel · Full utilities	129.1	Jul 27, 2026	$1,491,300	11,555	16,989	4.8 mi	74
IN-125903 Gravel · Power at road	36.0	Jan 8, 2025	$387,300	10,763	15,514	7.3 mi	72
IN-566564 Landlocked · Full utilities	58.1	Feb 29, 2024	$419,800	7,227	14,240	5.1 mi	72
IN-916976 Gravel · Power at road	78.3	Aug 12, 2024	$993,400	12,689	21,777	1.7 mi	69
IN-505757 Dirt · Power at road	32.4	Jan 29, 2025	$380,700	11,762	19,318	5.4 mi	67
IN-584858 Dirt · Power at road	16.9	Oct 28, 2024	$217,800	12,905	19,539	4.6 mi	63
IN-755035 Gravel · Power at road	19.2	Oct 23, 2024	$284,800	14,839	19,632	0.6 mi	63

Show adjustment detail for the top comp

Tract size (18 ac → 50.55 ac)-15.3%
Utilities (Power at road → Full utilities)+22.0%

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