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Sullivan County, IN · Sold

IN-817622

9587 County Road 286

$838,900
$6,711/ac · 125 ac
Acreage125 ac
Price per acre$6,711/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJun 30, 2024
Coordinates39.1443, -87.3910
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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,073 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area101.18 of 125.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$958,815
$721,986$1,195,645 · $7,670/ac on 125 ac
Asking vs estimate
-12.5%
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 $838,900
Maximum allowable offer
$547,894
$4,383/ac · +30.0% target margin

You need $291,006 off asking to hit this margin.

All-in cost$594,465
Net resale$882,110
Projected profit$287,645
ROI+48.4%
Annualized+69.3%
Break-even resale$5,169/ac
Profit if resale lands off target
-20%
$111,223
-10%
$199,434
0%
$287,645
+10%
$375,856
+20%
$464,067
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-668108
Dirt · Full utilities
177.8Jul 20, 2025$1,018,1005,7276,5731.3 mi
79
IN-688111
Dirt · Full utilities
178.2Jun 27, 2024$832,9004,6755,5992.6 mi
78
IN-339663
Dirt · Off grid
548.4Jul 27, 2026$2,231,9004,0708,9231.7 mi
77
IN-576464
Dirt · Power at road
54.0Jul 27, 2026$373,9006,9206,9564.7 mi
76
IN-335478
Dirt · Full utilities
26.4Feb 7, 2026$355,90013,4549,9504.0 mi
72
IN-985746
Gravel · Off grid
32.1Aug 31, 2025$188,2005,8595,6143.4 mi
61
IN-805511
Gravel · Off grid
27.1Mar 23, 2024$300,60011,09510,9507.9 mi
51
Show adjustment detail for the top comp
  • Tract size (177.77 ac → 125.01 ac)+9.8%
  • Market time (13 mo)+4.5%

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.