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Randolph County, IN · Sold

IN-779085

2166 County Road 339

$2,041,000
$5,657/ac · 361 ac
Acreage361 ac
Price per acre$5,657/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedNov 23, 2023
Coordinates40.2368, -84.9100
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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
19
Low risk
Wetlands16.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,103 ft of deeded road frontage.

Power156 ft away

Power at or near the road.

Buildable area286.52 of 360.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,563,584
$1,259,117$1,868,052 · $4,334/ac on 361 ac
Asking vs estimate
+30.5%
Priced above 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 $2,041,000
Maximum allowable offer
$893,477
$2,477/ac · +30.0% target margin

You need $1,147,523 off asking to hit this margin.

All-in cost$969,423
Net resale$1,438,497
Projected profit$469,075
ROI+48.4%
Annualized+69.2%
Break-even resale$2,921/ac
Profit if resale lands off target
-20%
$181,375
-10%
$325,225
0%
$469,075
+10%
$612,925
+20%
$756,774
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-828868
Landlocked · Full utilities
308.3Jan 20, 2025$1,417,9004,5995,6437.9 mi
75
IN-188354
Landlocked · Off grid
212.4Aug 20, 2025$484,8002,2823,5305.4 mi
74
IN-889655
Gravel · Off grid
545.2Jun 10, 2025$1,480,5002,7163,7954.8 mi
73
IN-248806
Gravel · Full utilities
294.8Aug 20, 2024$1,308,1004,4383,7155.2 mi
73
IN-197979
Gravel · Power at road
161.9May 10, 2025$969,0005,9855,02010.4 mi
66
Show adjustment detail for the top comp
  • Tract size (308.29 ac → 360.77 ac)-4.5%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.