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Sullivan County, IN · Sold

IN-805511

4093 County Road 167

$327,400
$12,086/ac · 27.09 ac
Acreage27.09 ac
Price per acre$12,086/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJan 6, 2024
Coordinates39.0476, -87.4679
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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

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
21
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope13.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

597 ft of deeded road frontage.

Power12,752 ft away

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

Buildable area20.74 of 27.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$251,719
$186,337$317,102 · $9,292/ac on 27.09 ac
Asking vs estimate
+30.1%
Priced above the comp set

Weighted from 9 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 $327,400
Maximum allowable offer
$143,840
$5,310/ac · +30.0% target margin

You need $183,560 off asking to hit this margin.

All-in cost$156,066
Net resale$231,582
Projected profit$75,515
ROI+48.4%
Annualized+69.2%
Break-even resale$6,262/ac
Profit if resale lands off target
-20%
$29,199
-10%
$52,357
0%
$75,515
+10%
$98,674
+20%
$121,832
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-335478
Dirt · Full utilities
26.4Feb 7, 2026$355,90013,45411,0973.8 mi
83
IN-594732
Gravel · Power at road
15.4Jan 27, 2026$249,80016,20913,1002.8 mi
80
IN-985746
Gravel · Off grid
32.1Aug 31, 2025$188,2005,8596,2615.3 mi
80
IN-576464
Dirt · Power at road
54.0Jul 27, 2026$373,9006,9207,7587.4 mi
73
IN-324246
Dirt · Power at road
10.8Aug 19, 2025$73,8006,8116,2991.1 mi
68
IN-214253
Gravel · Full utilities
10.9Jul 21, 2025$206,10018,92912,3856.9 mi
65
IN-243854
Gravel · Off grid
8.2Apr 28, 2025$81,5009,9869,2585.7 mi
64
IN-993812
Paved · Power at road
7.9Nov 28, 2025$112,50014,2279,2595.6 mi
63
IN-584442
Landlocked · Power at road
12.5Jul 28, 2024$78,3006,2737,7499.9 mi
63
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (6 mo)+2.2%

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.