IN-953265
5920 County Road 242
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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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
522 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $26,100 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-693780 Gravel · Power at road | 7.7 | Jun 14, 2026 | $62,500 | 8,080 | 6,076 | 4.1 mi | 84 |
| IN-923566 Dirt · Off grid | 6.6 | Dec 31, 2025 | $45,800 | 6,926 | 7,190 | 4.3 mi | 82 |
| IN-542969 Landlocked · Full utilities | 4.3 | Sep 6, 2025 | $34,800 | 8,091 | 7,342 | 6.5 mi | 78 |
| IN-603660 Dirt · Power at road | 7.1 | Sep 28, 2024 | $57,100 | 8,053 | 7,502 | 3.7 mi | 77 |
| IN-504440 Gravel · Off grid | 12.5 | Jul 27, 2026 | $86,900 | 6,972 | 6,375 | 2.7 mi | 76 |
| IN-584046 Dirt · Off grid | 9.4 | Nov 9, 2025 | $49,400 | 5,273 | 5,635 | 4.1 mi | 76 |
| IN-603579 Dirt · Power at road | 6.7 | Feb 7, 2024 | $53,800 | 8,057 | 7,666 | 5.9 mi | 70 |
| IN-891563 Paved · Off grid | 1.6 | Jul 27, 2026 | $12,300 | 7,915 | 5,576 | 5.9 mi | 70 |
| IN-822259 Gravel · Power at road | 2.6 | Apr 16, 2026 | $22,900 | 8,923 | 6,444 | 7.6 mi | 70 |
| IN-734154 Gravel · Off grid | 10.1 | Sep 29, 2024 | $89,700 | 8,850 | 8,555 | 9.9 mi | 63 |
Show adjustment detail for the top comp
- Tract size (7.73 ac → 5.32 ac)+2.1%
- Access (Gravel → Dirt)-14.0%
- Utilities (Power at road → Off grid)-15.0%
- Market time (2 mo)+0.7%
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.