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Randolph County, IN · Sold

IN-693780

7229 County Road 14

$74,800
$9,677/ac · 7.73 ac
Acreage7.73 ac
Price per acre$9,677/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 23, 2026
Coordinates40.1734, -85.0174
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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
34
Moderate risk
Wetlands32.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

540 ft of deeded road frontage.

Power73 ft away

Power at or near the road.

Buildable area4.98 of 7.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$74,245
$65,738$82,752 · $9,605/ac on 7.73 ac
Asking vs estimate
+0.7%
In line with 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 $74,800
Maximum allowable offer
$42,426
$5,488/ac · +30.0% target margin

You need $32,374 off asking to hit this margin.

All-in cost$46,032
Net resale$68,305
Projected profit$22,273
ROI+48.4%
Annualized+69.2%
Break-even resale$6,473/ac
Profit if resale lands off target
-20%
$8,612
-10%
$15,442
0%
$22,273
+10%
$29,103
+20%
$35,934
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-603660
Dirt · Power at road
7.1Sep 28, 2024$57,1008,05310,0480.9 mi
82
IN-504440
Gravel · Off grid
12.5Jul 27, 2026$86,9006,9728,5382.6 mi
82
IN-923566
Dirt · Off grid
6.6Dec 31, 2025$45,8006,9269,6302.8 mi
79
IN-355168
Paved · Power at road
21.1Jul 27, 2026$209,8009,9279,2924.5 mi
78
IN-953265
Dirt · Off grid
5.3Jul 12, 2025$41,6007,81210,9444.1 mi
77
IN-584046
Dirt · Off grid
9.4Nov 9, 2025$49,4005,2737,5475.3 mi
77
IN-542969
Landlocked · Full utilities
4.3Sep 6, 2025$34,8008,0919,8332.7 mi
75
IN-603579
Dirt · Power at road
6.7Feb 7, 2024$53,8008,05710,2681.9 mi
74
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9238,6314.9 mi
72
IN-734154
Gravel · Off grid
10.1Sep 29, 2024$89,7008,85011,4586.0 mi
71
Show adjustment detail for the top comp
  • Tract size (7.09 ac → 7.73 ac)-0.5%
  • Access (Dirt → Gravel)+16.3%
  • Market time (23 mo)+7.9%

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.