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Daviess County, IN · Sold

IN-707043

4536 County Road 367

$1,041,300
$12,671/ac · 82.18 ac
Acreage82.18 ac
Price per acre$12,671/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedSep 25, 2024
Coordinates38.6966, -87.0011
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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

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

View Daviess market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,595 ft of deeded road frontage.

Power12,920 ft away

A long utility run — price in solar/off-grid instead.

Buildable area76.74 of 82.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$883,678
$704,132$1,063,223 · $10,753/ac on 82.18 ac
Asking vs estimate
+17.8%
Priced above the comp set

Weighted from 5 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 $1,041,300
Maximum allowable offer
$504,959
$6,145/ac · +30.0% target margin

You need $536,341 off asking to hit this margin.

All-in cost$547,881
Net resale$812,983
Projected profit$265,103
ROI+48.4%
Annualized+69.2%
Break-even resale$7,247/ac
Profit if resale lands off target
-20%
$102,506
-10%
$183,805
0%
$265,103
+10%
$346,401
+20%
$427,700
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-787270
Dirt · Off grid
96.9Feb 27, 2026$935,0009,65214,0446.9 mi
80
IN-987543
Paved · Full utilities
118.1Jun 25, 2025$1,193,10010,1068,0649.6 mi
75
IN-765728
Dirt · Off grid
31.7Jul 27, 2026$286,3009,03110,2574.6 mi
74
IN-427543
Landlocked · Off grid
118.1Aug 4, 2025$723,8006,13112,1316.9 mi
72
IN-597374
Paved · Off grid
104.5May 12, 2024$811,6007,7709,0169.5 mi
71
Show adjustment detail for the top comp
  • Tract size (96.87 ac → 82.18 ac)+4.0%
  • Access (Dirt → Paved)+37.2%
  • Market time (6 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.