IN-828868
5209 County Road 115
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Randolph County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Randolph market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $815,110 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-188354 Landlocked · Off grid | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 3,066 | 6.3 mi | 78 |
| IN-248806 Gravel · Full utilities | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 3,227 | 6.6 mi | 75 |
| IN-779085 Gravel · Power at road | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 4,772 | 7.9 mi | 73 |
| IN-889655 Gravel · Off grid | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 3,297 | 3.3 mi | 69 |
| IN-197979 Gravel · Power at road | 161.9 | May 10, 2025 | $969,000 | 5,985 | 4,362 | 4.6 mi | 66 |
| IN-867146 Dirt · Off grid | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 3,794 | 6.1 mi | 65 |
| IN-107140 Paved · Power at road | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 4,115 | 3.6 mi | 58 |
Show adjustment detail for the top comp
- Tract size (212.44 ac → 308.29 ac)-10.1%
- Utilities (Off grid → Full utilities)+43.5%
- Market time (12 mo)+4.1%
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.