Randolph County, IN · Sold

IN-248806

5327 County Road 364

$1,589,400

$5,392/ac · 295 ac

Offer report Market this tract

Acreage295 ac

Price per acre$5,392/ac

ZoningRecreational

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedAug 31, 2023

Coordinates40.2334, -85.0077

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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

Low risk

Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area252.29 of 294.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,777,178

$1,482,924 – $2,071,432 · $6,029/ac on 295 ac

Asking vs estimate

-10.6%

Priced below the comp set

Weighted from 7 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 $1,589,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,015,530

$3,445/ac · +30.0% target margin

You need $573,870 off asking to hit this margin.

All-in cost$1,101,850

Net resale$1,635,004

Projected profit$533,154

ROI+48.4%

Annualized+69.2%

Break-even resale$4,063/ac

Profit if resale lands off target

-20%

$206,153

-10%

$369,653

$533,154

+10%

$696,654

+20%

$860,154

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-828868 Landlocked · Full utilities	308.3	Jan 20, 2025	$1,417,900	4,599	7,304	6.6 mi	76
IN-188354 Landlocked · Off grid	212.4	Aug 20, 2025	$484,800	2,282	4,569	0.4 mi	76
IN-779085 Gravel · Power at road	360.8	Jul 28, 2024	$1,824,700	5,058	7,111	5.2 mi	73
IN-889655 Gravel · Off grid	545.2	Jun 10, 2025	$1,480,500	2,716	4,912	5.5 mi	69
IN-197979 Gravel · Power at road	161.9	May 10, 2025	$969,000	5,985	6,498	6.6 mi	68
IN-867146 Dirt · Off grid	88.5	Apr 20, 2026	$408,500	4,614	5,653	4.4 mi	67
IN-107140 Paved · Power at road	88.2	Sep 11, 2024	$668,500	7,582	6,132	9.7 mi	54

Show adjustment detail for the top comp

Tract size (308.29 ac → 294.75 ac)+1.3%
Access (Landlocked → Gravel)+47.1%
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.

Build the listing kit Post a deal or JV