Sullivan County, IN · Sold

IN-335478

6654 County Road 77

$368,000

$13,913/ac · 26.45 ac

Offer report Market this tract

Acreage26.45 ac

Price per acre$13,913/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographySloped

ListedNov 18, 2025

Coordinates39.0949, -87.4304

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope22.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

973 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area14.84 of 26.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$306,982

$224,641 – $389,322 · $11,606/ac on 26.45 ac

Asking vs estimate

+19.9%

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 $368,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$175,418

$6,632/ac · +30.0% target margin

You need $192,582 off asking to hit this margin.

All-in cost$190,329

Net resale$282,423

Projected profit$92,095

ROI+48.4%

Annualized+69.2%

Break-even resale$7,822/ac

Profit if resale lands off target

-20%

$35,610

-10%

$63,852

$92,095

+10%

$120,337

+20%

$148,579

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-576464 Dirt · Power at road	54.0	Jul 27, 2026	$373,900	6,920	9,610	4.8 mi	77
IN-985746 Gravel · Off grid	32.1	Aug 31, 2025	$188,200	5,859	7,756	2.1 mi	77
IN-594732 Gravel · Power at road	15.4	Jan 27, 2026	$249,800	16,209	16,228	2.3 mi	74
IN-805511 Gravel · Off grid	27.1	Mar 23, 2024	$300,600	11,095	15,129	3.8 mi	74
IN-993812 Paved · Power at road	7.9	Nov 28, 2025	$112,500	14,227	11,470	1.9 mi	70
IN-324246 Dirt · Power at road	10.8	Aug 19, 2025	$73,800	6,811	7,802	4.6 mi	68
IN-214253 Gravel · Full utilities	10.9	Jul 21, 2025	$206,100	18,929	15,342	4.6 mi	66
IN-243854 Gravel · Off grid	8.2	Apr 28, 2025	$81,500	9,986	11,468	2.0 mi	62
IN-584442 Landlocked · Power at road	12.5	Jul 28, 2024	$78,300	6,273	9,599	6.1 mi	61

Show adjustment detail for the top comp

Tract size (54.03 ac → 26.45 ac)+13.6%
Utilities (Power at road → Full utilities)+22.0%

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