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Sullivan County, IN · Sold

IN-324246

2741 County Road 260

$69,000
$6,371/ac · 10.83 ac
Acreage10.83 ac
Price per acre$6,371/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedOct 4, 2024
Coordinates39.0324, -87.4610
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

3 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands0.0% of tract

Little to no mapped wetland coverage.

Average slope30.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power31 ft away

Power at or near the road.

Buildable area6.50 of 10.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$118,763
$89,990$147,536 · $10,966/ac on 10.83 ac
Asking vs estimate
-41.9%
Priced below 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 $69,000
Maximum allowable offer
$67,865
$6,266/ac · +30.0% target margin

You need $1,135 off asking to hit this margin.

All-in cost$73,634
Net resale$109,262
Projected profit$35,629
ROI+48.4%
Annualized+69.2%
Break-even resale$7,390/ac
Profit if resale lands off target
-20%
$13,776
-10%
$24,702
0%
$35,629
+10%
$46,555
+20%
$57,481
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-983627
Gravel · Power at road
6.9Jul 27, 2026$100,00014,44812,0583.0 mi
81
IN-862984
Dirt · Power at road
4.3Jan 28, 2026$25,0005,7555,5692.3 mi
78
IN-594732
Gravel · Power at road
15.4Jan 27, 2026$249,80016,20914,7543.1 mi
78
IN-943661
Gravel · Off grid
7.1Jul 27, 2026$62,5008,8178,6706.7 mi
77
IN-214253
Gravel · Full utilities
10.9Jul 21, 2025$206,10018,92913,9497.0 mi
77
IN-993812
Paved · Power at road
7.9Nov 28, 2025$112,50014,22710,4296.5 mi
76
IN-973210
Gravel · Off grid
5.1Jul 27, 2026$66,10012,90712,4714.4 mi
74
IN-335478
Dirt · Full utilities
26.4Feb 7, 2026$355,90013,45412,4994.6 mi
71
IN-243854
Gravel · Off grid
8.2Apr 28, 2025$81,5009,98610,4276.5 mi
71
IN-584442
Landlocked · Power at road
12.5Jul 28, 2024$78,3006,2738,72710.4 mi
70
Show adjustment detail for the top comp
  • Tract size (6.92 ac → 10.83 ac)-3.2%
  • Access (Gravel → Dirt)-14.0%

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.