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Randolph County, IN · Sold

IN-188354

9801 County Road 189

$569,700
$2,682/ac · 212 ac
Acreage212 ac
Price per acre$2,682/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMar 5, 2025
Coordinates40.2280, -85.0120
Loading terrain…
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

4 items to verify before you offer.

Risk index
58
High risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope28.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,240 ft away

A long utility run — price in solar/off-grid instead.

Buildable area124.66 of 212.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$671,591
$569,002$774,180 · $3,161/ac on 212 ac
Asking vs estimate
-15.2%
Priced below the comp set

Weighted from 7 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 $569,700
Maximum allowable offer
$383,766
$1,806/ac · +30.0% target margin

You need $185,934 off asking to hit this margin.

All-in cost$416,386
Net resale$617,864
Projected profit$201,478
ROI+48.4%
Annualized+69.2%
Break-even resale$2,130/ac
Profit if resale lands off target
-20%
$77,905
-10%
$139,691
0%
$201,478
+10%
$263,264
+20%
$325,050
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-828868
Landlocked · Full utilities
308.3Jan 20, 2025$1,417,9004,5993,8006.3 mi
75
IN-867146
Dirt · Off grid
88.5Apr 20, 2026$408,5004,6142,9414.5 mi
73
IN-248806
Gravel · Full utilities
294.8Aug 20, 2024$1,308,1004,4382,5010.4 mi
71
IN-197979
Gravel · Power at road
161.9May 10, 2025$969,0005,9853,3816.2 mi
71
IN-779085
Gravel · Power at road
360.8Jul 28, 2024$1,824,7005,0583,6995.4 mi
69
IN-889655
Gravel · Off grid
545.2Jun 10, 2025$1,480,5002,7162,5555.3 mi
65
IN-107140
Paved · Power at road
88.2Sep 11, 2024$668,5007,5823,1909.3 mi
58
Show adjustment detail for the top comp
  • Tract size (308.29 ac → 212.44 ac)+11.2%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (19 mo)+6.6%

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.