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Randolph County, IN · Sold

IN-542969

7041 County Road 161

$38,400
$8,930/ac · 4.30 ac
Acreage4.30 ac
Price per acre$8,930/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedApr 1, 2025
Coordinates40.2115, -85.0061
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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

1 item to verify before you offer.

Risk index
33
Moderate risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area3.89 of 4.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,950
$29,130$38,769 · $7,895/ac on 4.30 ac
Asking vs estimate
+13.1%
Priced above 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 $38,400
Maximum allowable offer
$19,400
$4,512/ac · +30.0% target margin

You need $19,000 off asking to hit this margin.

All-in cost$21,049
Net resale$31,234
Projected profit$10,185
ROI+48.4%
Annualized+69.2%
Break-even resale$5,321/ac
Profit if resale lands off target
-20%
$3,938
-10%
$7,061
0%
$10,185
+10%
$13,308
+20%
$16,431
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-693780
Gravel · Power at road
7.7Jun 14, 2026$62,5008,0806,9602.7 mi
81
IN-953265
Dirt · Off grid
5.3Jul 12, 2025$41,6007,8129,3606.5 mi
77
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9237,3832.9 mi
76
IN-923566
Dirt · Off grid
6.6Dec 31, 2025$45,8006,9268,2365.2 mi
73
IN-891563
Paved · Off grid
1.6Jul 27, 2026$12,3007,9156,3882.1 mi
73
IN-603660
Dirt · Power at road
7.1Sep 28, 2024$57,1008,0538,5942.8 mi
72
IN-504440
Gravel · Off grid
12.5Jul 27, 2026$86,9006,9727,3034.1 mi
72
IN-584046
Dirt · Off grid
9.4Nov 9, 2025$49,4005,2736,4556.1 mi
67
IN-603579
Dirt · Power at road
6.7Feb 7, 2024$53,8008,0578,7822.1 mi
67
IN-734154
Gravel · Off grid
10.1Sep 29, 2024$89,7008,8509,8005.5 mi
61
Show adjustment detail for the top comp
  • Tract size (7.73 ac → 4.3 ac)+3.1%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.