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Daviess County, IN · Sold

IN-292311

5044 County Road 366

$34,300
$12,846/ac · 2.67 ac
Acreage2.67 ac
Price per acre$12,846/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJul 28, 2025
Coordinates38.7116, -87.0269
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

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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

389 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.05 of 2.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,425
$39,980$48,871 · $16,639/ac on 2.67 ac
Asking vs estimate
-22.8%
Priced below 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 $34,300
Maximum allowable offer
$25,386
$9,508/ac · +30.0% target margin

You need $8,914 off asking to hit this margin.

All-in cost$27,544
Net resale$40,871
Projected profit$13,327
ROI+48.4%
Annualized+69.2%
Break-even resale$11,213/ac
Profit if resale lands off target
-20%
$5,153
-10%
$9,240
0%
$13,327
+10%
$17,415
+20%
$21,502
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-890773
Dirt · Off grid
0.9Jul 4, 2026$11,60013,18218,6723.7 mi
73
IN-592021
Gravel · Power at road
2.2Mar 15, 2025$33,10015,31016,9368.1 mi
70
IN-943004
Landlocked · Full utilities
4.4Jun 20, 2024$53,00012,01416,8475.9 mi
66
IN-850843
Landlocked · Off grid
0.9Feb 21, 2025$8,1008,78316,6406.9 mi
59
IN-620802
Landlocked · Off grid
0.9Sep 2, 2024$6,2006,95113,4108.4 mi
57
Show adjustment detail for the top comp
  • Tract size (0.88 ac → 2.67 ac)-1.8%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.5%

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.