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Randolph County, IN · Sold

IN-751054

3281 County Road 163

$9,900
$9,252/ac · 1.07 ac
Acreage1.07 ac
Price per acre$9,252/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedOct 16, 2024
Coordinates40.1886, -84.9102
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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

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands42.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

115 ft of deeded road frontage.

Power9,210 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.59 of 1.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,860
$8,400$13,319 · $10,149/ac on 1.07 ac
Asking vs estimate
-8.8%
Priced below the comp set

Weighted from 5 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 $9,900
Maximum allowable offer
$6,206
$5,800/ac · +30.0% target margin

You need $3,694 off asking to hit this margin.

All-in cost$6,734
Net resale$9,991
Projected profit$3,258
ROI+48.4%
Annualized+69.2%
Break-even resale$6,840/ac
Profit if resale lands off target
-20%
$1,259
-10%
$2,258
0%
$3,258
+10%
$4,257
+20%
$5,256
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-891563
Paved · Off grid
1.6Jul 27, 2026$12,3007,9157,9716.8 mi
83
IN-581155
Landlocked · Power at road
1.1Apr 30, 2025$6,6005,7228,9073.2 mi
77
IN-822259
Gravel · Power at road
2.6Apr 16, 2026$22,9008,9239,2133.6 mi
75
IN-110933
Dirt · Off grid
1.0Oct 10, 2024$9,7009,84914,54910.6 mi
71
IN-170344
Dirt · Power at road
0.6Feb 6, 2024$5,3008,26610,6155.6 mi
68
Show adjustment detail for the top comp

    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.