Sullivan County, IN · Sold

IN-214253

7722 County Road 4

$194,100

$17,824/ac · 10.89 ac

Offer report Market this tract

Acreage10.89 ac

Price per acre$17,824/ac

ZoningMixed Use

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedApr 3, 2025

Coordinates39.0803, -87.3471

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

Sullivan County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Sullivan market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

663 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.95 of 10.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$159,538

$118,908 – $200,168 · $14,650/ac on 10.89 ac

Asking vs estimate

+21.7%

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 $194,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$91,165

$8,371/ac · +30.0% target margin

You need $102,935 off asking to hit this margin.

All-in cost$98,914

Net resale$146,775

Projected profit$47,861

ROI+48.4%

Annualized+69.2%

Break-even resale$9,873/ac

Profit if resale lands off target

-20%

$18,506

-10%

$33,184

$47,861

+10%

$62,539

+20%

$77,216

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-943661 Gravel · Off grid	7.1	Jul 27, 2026	$62,500	8,817	12,294	4.4 mi	81
IN-983627 Gravel · Power at road	6.9	Jul 27, 2026	$100,000	14,448	17,098	4.0 mi	81
IN-594732 Gravel · Power at road	15.4	Jan 27, 2026	$249,800	16,209	20,921	4.0 mi	79
IN-324246 Dirt · Power at road	10.8	Aug 19, 2025	$73,800	6,811	10,059	7.0 mi	77
IN-973210 Gravel · Off grid	5.1	Jul 27, 2026	$66,100	12,907	17,684	7.7 mi	75
IN-993812 Paved · Power at road	7.9	Nov 28, 2025	$112,500	14,227	14,787	5.2 mi	74
IN-243854 Gravel · Off grid	8.2	Apr 28, 2025	$81,500	9,986	14,785	5.2 mi	74
IN-584442 Landlocked · Power at road	12.5	Jul 28, 2024	$78,300	6,273	12,375	5.1 mi	71
IN-335478 Dirt · Full utilities	26.4	Feb 7, 2026	$355,900	13,454	17,722	4.6 mi	70
IN-862984 Dirt · Power at road	4.3	Jan 28, 2026	$25,000	5,755	7,897	6.8 mi	67

Show adjustment detail for the top comp

Tract size (7.09 ac → 10.89 ac)-3.1%
Utilities (Off grid → Full utilities)+43.5%

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