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Randolph County, IN · Sold

IN-170344

5803 County Road 290

$5,000
$7,813/ac · 0.64 ac
Acreage0.64 ac
Price per acre$7,813/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedNov 21, 2023
Coordinates40.1084, -84.9170
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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope22.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

208 ft of deeded road frontage.

Power28 ft away

Power at or near the road.

Buildable area0.36 of 0.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,537
$4,292$6,782 · $8,652/ac on 0.64 ac
Asking vs estimate
-9.7%
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 $5,000
Maximum allowable offer
$3,164
$4,944/ac · +30.0% target margin

You need $1,836 off asking to hit this margin.

All-in cost$3,433
Net resale$5,094
Projected profit$1,661
ROI+48.4%
Annualized+69.3%
Break-even resale$5,830/ac
Profit if resale lands off target
-20%
$642
-10%
$1,152
0%
$1,661
+10%
$2,171
+20%
$2,680
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-751054
Paved · Off grid
1.1Apr 10, 2025$10,0009,3548,5135.6 mi
72
IN-581155
Landlocked · Power at road
1.1Apr 30, 2025$6,6005,7227,6712.4 mi
71
IN-891563
Paved · Off grid
1.6Jul 27, 2026$12,3007,9156,8668.8 mi
70
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9237,9358.4 mi
69
IN-110933
Dirt · Off grid
1.0Oct 10, 2024$9,7009,84912,53113.1 mi
66
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (16 mo)+5.7%

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.