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Randolph County, IN · Sold

IN-891563

2439 County Road 93

$12,900
$8,323/ac · 1.55 ac
Acreage1.55 ac
Price per acre$8,323/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedMay 12, 2026
Coordinates40.1947, -85.0385
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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
13
Low risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

258 ft of deeded road frontage.

Power2,056 ft away

Service extension needed; get a utility quote.

Buildable area1.31 of 1.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,598
$13,781$19,415 · $10,709/ac on 1.55 ac
Asking vs estimate
-22.3%
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 $12,900
Maximum allowable offer
$9,485
$6,119/ac · +30.0% target margin

You need $3,415 off asking to hit this margin.

All-in cost$10,291
Net resale$15,270
Projected profit$4,979
ROI+48.4%
Annualized+69.2%
Break-even resale$7,217/ac
Profit if resale lands off target
-20%
$1,925
-10%
$3,452
0%
$4,979
+10%
$6,506
+20%
$8,033
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9239,1674.9 mi
75
IN-751054
Paved · Off grid
1.1Apr 10, 2025$10,0009,3549,8366.8 mi
73
IN-110933
Dirt · Off grid
1.0Oct 10, 2024$9,7009,84914,4784.3 mi
73
IN-581155
Landlocked · Power at road
1.1Apr 30, 2025$6,6005,7228,8637.7 mi
70
IN-542969
Landlocked · Full utilities
4.3Sep 6, 2025$34,8008,09110,4442.1 mi
66
IN-953265
Dirt · Off grid
5.3Jul 12, 2025$41,6007,81211,6235.9 mi
62
IN-170344
Dirt · Power at road
0.6Feb 6, 2024$5,3008,26610,5638.8 mi
56
Show adjustment detail for the top comp
  • Tract size (2.57 ac → 1.55 ac)+1.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.4%

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.