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Randolph County, IN · Sold

IN-197979

7600 County Road 254

$1,061,300
$6,555/ac · 162 ac
Acreage162 ac
Price per acre$6,555/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 19, 2024
Coordinates40.1519, -85.0726
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,866 ft of deeded road frontage.

Power127 ft away

Power at or near the road.

Buildable area140.13 of 161.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$904,748
$744,115$1,065,381 · $5,588/ac on 162 ac
Asking vs estimate
+17.3%
Priced above 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 $1,061,300
Maximum allowable offer
$516,999
$3,193/ac · +30.0% target margin

You need $544,301 off asking to hit this margin.

All-in cost$560,944
Net resale$832,368
Projected profit$271,424
ROI+48.4%
Annualized+69.2%
Break-even resale$3,766/ac
Profit if resale lands off target
-20%
$104,950
-10%
$188,187
0%
$271,424
+10%
$354,661
+20%
$437,898
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-188354
Landlocked · Off grid
212.4Aug 20, 2025$484,8002,2824,4316.2 mi
73
IN-867146
Dirt · Off grid
88.5Apr 20, 2026$408,5004,6145,4838.7 mi
71
IN-107140
Paved · Power at road
88.2Sep 11, 2024$668,5007,5825,9474.8 mi
66
IN-248806
Gravel · Full utilities
294.8Aug 20, 2024$1,308,1004,4384,6646.6 mi
66
IN-828868
Landlocked · Full utilities
308.3Jan 20, 2025$1,417,9004,5997,0844.6 mi
65
IN-779085
Gravel · Power at road
360.8Jul 28, 2024$1,824,7005,0586,89710.4 mi
62
IN-889655
Gravel · Off grid
545.2Jun 10, 2025$1,480,5002,7164,7657.0 mi
62
Show adjustment detail for the top comp
  • Tract size (212.44 ac → 161.91 ac)+7.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (12 mo)+4.1%

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.