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Sullivan County, IN · Sold

IN-243854

3592 County Road 81

$80,600
$9,877/ac · 8.16 ac
Acreage8.16 ac
Price per acre$9,877/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 15, 2024
Coordinates39.1232, -87.4268
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

585 ft of deeded road frontage.

Power14,236 ft away

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

Buildable area6.41 of 8.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$81,109
$58,399$103,820 · $9,940/ac on 8.16 ac
Asking vs estimate
-0.6%
In line with 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 $80,600
Maximum allowable offer
$46,348
$5,680/ac · +30.0% target margin

You need $34,252 off asking to hit this margin.

All-in cost$50,288
Net resale$74,620
Projected profit$24,333
ROI+48.4%
Annualized+69.3%
Break-even resale$6,699/ac
Profit if resale lands off target
-20%
$9,409
-10%
$16,871
0%
$24,333
+10%
$31,795
+20%
$39,257
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-943661
Gravel · Off grid
7.1Jul 27, 2026$62,5008,8178,7570.9 mi
91
IN-983627
Gravel · Power at road
6.9Jul 27, 2026$100,00014,44812,1795.2 mi
85
IN-993812
Paved · Power at road
7.9Nov 28, 2025$112,50014,22710,5330.0 mi
83
IN-973210
Gravel · Off grid
5.1Jul 27, 2026$66,10012,90712,5964.0 mi
83
IN-214253
Gravel · Full utilities
10.9Jul 21, 2025$206,10018,92914,0895.2 mi
75
IN-594732
Gravel · Power at road
15.4Jan 27, 2026$249,80016,20914,9024.2 mi
74
IN-413717
Paved · Off grid
7.4Aug 24, 2024$56,7007,6726,9965.5 mi
74
IN-324246
Dirt · Power at road
10.8Aug 19, 2025$73,8006,8117,1656.5 mi
72
IN-282201
Gravel · Full utilities
2.5Jul 27, 2026$20,9008,4905,6295.5 mi
71
IN-862984
Dirt · Power at road
4.3Jan 28, 2026$25,0005,7555,6254.7 mi
71
Show adjustment detail for the top comp
  • Tract size (7.09 ac → 8.16 ac)-0.9%

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.