White County, IN · Sold

IN-642669

9865 County Road 224

$25,600

$7,399/ac · 3.46 ac

Offer report Market this tract

Acreage3.46 ac

Price per acre$7,399/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedNov 10, 2025

Coordinates40.8197, -86.9255

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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

White County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View White market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

256 ft of deeded road frontage.

Power239 ft away

Power at or near the road.

Buildable area3.15 of 3.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$28,741

$21,935 – $35,547 · $8,307/ac on 3.46 ac

Asking vs estimate

-10.9%

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 $25,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$16,423

$4,747/ac · +30.0% target margin

You need $9,177 off asking to hit this margin.

All-in cost$17,819

Net resale$26,441

Projected profit$8,622

ROI+48.4%

Annualized+69.3%

Break-even resale$5,598/ac

Profit if resale lands off target

-20%

$3,334

-10%

$5,978

$8,622

+10%

$11,267

+20%

$13,911

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-782790 Gravel · Full utilities	3.8	Mar 1, 2026	$41,200	10,927	9,156	2.0 mi	85
IN-782434 Dirt · Off grid	2.9	Jul 27, 2026	$15,500	5,300	7,228	7.0 mi	81
IN-872744 Paved · Power at road	3.6	Aug 24, 2025	$31,800	8,705	7,693	7.1 mi	79
IN-942240 Dirt · Off grid	2.5	May 19, 2026	$13,800	5,457	7,474	5.5 mi	78
IN-413366 Gravel · Power at road	5.7	Sep 30, 2025	$61,600	10,743	11,375	3.6 mi	76
IN-342194 Paved · Off grid	2.5	Oct 17, 2025	$12,100	4,930	5,036	2.2 mi	76
IN-312753 Landlocked · Off grid	3.7	Mar 17, 2025	$16,500	4,506	8,275	4.5 mi	75
IN-103201 Paved · Off grid	5.1	Oct 10, 2025	$36,800	7,251	7,601	4.5 mi	73
IN-613802 Landlocked · Off grid	7.8	Mar 25, 2026	$30,900	3,935	7,199	2.8 mi	71
IN-511646 Paved · Off grid	1.6	Jul 27, 2026	$20,500	12,432	12,203	10.4 mi	71

Show adjustment detail for the top comp

Utilities (Full utilities → Power at road)-18.0%
Market time (5 mo)+1.9%

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.

Build the listing kit Post a deal or JV