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Randolph County, IN · Sold

IN-581155

1254 County Road 40

$7,200
$6,261/ac · 1.15 ac
Acreage1.15 ac
Price per acre$6,261/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMar 7, 2024
Coordinates40.1420, -84.9093
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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

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

View Randolph market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope16.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power29 ft away

Power at or near the road.

Buildable area0.91 of 1.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,060
$6,343$9,778 · $7,009/ac on 1.15 ac
Asking vs estimate
-10.7%
Priced below the comp set

Weighted from 5 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 $7,200
Maximum allowable offer
$4,606
$4,005/ac · +30.0% target margin

You need $2,594 off asking to hit this margin.

All-in cost$4,998
Net resale$7,415
Projected profit$2,418
ROI+48.4%
Annualized+69.2%
Break-even resale$4,724/ac
Profit if resale lands off target
-20%
$935
-10%
$1,676
0%
$2,418
+10%
$3,159
+20%
$3,901
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-891563
Paved · Off grid
1.6Jul 27, 2026$12,3007,9155,4007.7 mi
79
IN-751054
Paved · Off grid
1.1Apr 10, 2025$10,0009,3546,6963.2 mi
76
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9236,2416.4 mi
72
IN-110933
Dirt · Off grid
1.0Oct 10, 2024$9,7009,8499,85612.0 mi
68
IN-170344
Dirt · Power at road
0.6Feb 6, 2024$5,3008,2667,1912.4 mi
67
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Power at road)+17.6%

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.