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Sullivan County, IN · Sold

IN-862984

6109 County Road 320

$30,200
$6,959/ac · 4.34 ac
Acreage4.34 ac
Price per acre$6,959/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedOct 13, 2025
Coordinates39.0652, -87.4729
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
44
Moderate risk
Wetlands45.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

538 ft of deeded road frontage.

Power36 ft away

Power at or near the road.

Buildable area2.25 of 4.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,057
$32,158$55,956 · $10,151/ac on 4.34 ac
Asking vs estimate
-31.5%
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 $30,200
Maximum allowable offer
$25,175
$5,801/ac · +30.0% target margin

You need $5,025 off asking to hit this margin.

All-in cost$27,315
Net resale$40,532
Projected profit$13,218
ROI+48.4%
Annualized+69.3%
Break-even resale$6,841/ac
Profit if resale lands off target
-20%
$5,111
-10%
$9,164
0%
$13,218
+10%
$17,271
+20%
$21,324
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-973210
Gravel · Off grid
5.1Jul 27, 2026$66,10012,90713,1822.0 mi
85
IN-282201
Gravel · Full utilities
2.5Jul 27, 2026$20,9008,4905,8910.8 mi
84
IN-983627
Gravel · Power at road
6.9Jul 27, 2026$100,00014,44812,7453.6 mi
81
IN-943661
Gravel · Off grid
7.1Jul 27, 2026$62,5008,8179,1645.1 mi
77
IN-324246
Dirt · Power at road
10.8Aug 19, 2025$73,8006,8117,4982.3 mi
75
IN-993812
Paved · Power at road
7.9Nov 28, 2025$112,50014,22711,0224.7 mi
72
IN-413717
Paved · Off grid
7.4Aug 24, 2024$56,7007,6727,3211.1 mi
68
IN-243854
Gravel · Off grid
8.2Apr 28, 2025$81,5009,98611,0214.7 mi
66
IN-214253
Gravel · Full utilities
10.9Jul 21, 2025$206,10018,92914,7446.8 mi
63
IN-584442
Landlocked · Power at road
12.5Jul 28, 2024$78,3006,2739,2249.2 mi
58
Show adjustment detail for the top comp
  • Tract size (5.12 ac → 4.34 ac)+0.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.