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Sullivan County, IN · Sold

IN-576464

1918 County Road 88

$413,600
$7,655/ac · 54.03 ac
Acreage54.03 ac
Price per acre$7,655/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMar 26, 2026
Coordinates39.1544, -87.4779
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands8.0% of tract

Little to no mapped wetland coverage.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,095 ft of deeded road frontage.

Power6 ft away

Power at or near the road.

Buildable area47.22 of 54.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$408,130
$296,053$520,207 · $7,554/ac on 54.03 ac
Asking vs estimate
+1.3%
In line with the comp set

Weighted from 6 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 $413,600
Maximum allowable offer
$233,217
$4,316/ac · +30.0% target margin

You need $180,383 off asking to hit this margin.

All-in cost$253,040
Net resale$375,479
Projected profit$122,439
ROI+48.4%
Annualized+69.2%
Break-even resale$5,091/ac
Profit if resale lands off target
-20%
$47,343
-10%
$84,891
0%
$122,439
+10%
$159,987
+20%
$197,535
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-335478
Dirt · Full utilities
26.4Feb 7, 2026$355,90013,4549,9214.8 mi
73
IN-985746
Gravel · Off grid
32.1Aug 31, 2025$188,2005,8595,5982.8 mi
71
IN-817622
Dirt · Full utilities
125.0Jul 27, 2025$807,0006,4566,7224.7 mi
68
IN-668108
Dirt · Full utilities
177.8Jul 20, 2025$1,018,1005,7276,5545.3 mi
64
IN-805511
Gravel · Off grid
27.1Mar 23, 2024$300,60011,09510,9187.4 mi
60
IN-688111
Dirt · Full utilities
178.2Jun 27, 2024$832,9004,6755,5827.2 mi
58
Show adjustment detail for the top comp
  • Tract size (26.45 ac → 54.03 ac)-12.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.