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Daviess County, IN · Sold

IN-690040

7134 County Road 203

$15,100
$29,608/ac · 0.51 ac
Acreage0.51 ac
Price per acre$29,608/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedApr 14, 2025
Coordinates38.6846, -87.1615
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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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.41 of 0.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,873
$8,903$12,843 · $21,320/ac on 0.51 ac
Asking vs estimate
+38.9%
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 $15,100
Maximum allowable offer
$6,213
$12,183/ac · +30.0% target margin

You need $8,887 off asking to hit this margin.

All-in cost$6,741
Net resale$10,003
Projected profit$3,262
ROI+48.4%
Annualized+69.3%
Break-even resale$14,367/ac
Profit if resale lands off target
-20%
$1,261
-10%
$2,262
0%
$3,262
+10%
$4,262
+20%
$5,263
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-390085
Gravel · Power at road
0.5May 2, 2025$8,20015,41523,3981.6 mi
83
IN-630210
Landlocked · Power at road
0.6Jul 27, 2026$4,2007,29915,4997.4 mi
83
IN-890773
Dirt · Off grid
0.9Jul 4, 2026$11,60013,18226,1879.3 mi
73
IN-620802
Landlocked · Off grid
0.9Sep 2, 2024$6,2006,95118,8061.2 mi
72
IN-850843
Landlocked · Off grid
0.9Feb 21, 2025$8,1008,78323,3375.8 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (15 mo)+5.4%

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.