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Daviess County, IN · Sold

IN-620802

3795 County Road 203

$7,400
$8,315/ac · 0.89 ac
Acreage0.89 ac
Price per acre$8,315/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 25, 2024
Coordinates38.6700, -87.1733
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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
43
Moderate risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,326 ft away

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

Buildable area0.75 of 0.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,914
$6,402$9,427 · $8,892/ac on 0.89 ac
Asking vs estimate
-6.5%
Priced below the comp set

Weighted from 7 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 $7,400
Maximum allowable offer
$4,522
$5,081/ac · +30.0% target margin

You need $2,878 off asking to hit this margin.

All-in cost$4,906
Net resale$7,281
Projected profit$2,375
ROI+48.4%
Annualized+69.3%
Break-even resale$5,992/ac
Profit if resale lands off target
-20%
$919
-10%
$1,647
0%
$2,375
+10%
$3,103
+20%
$3,831
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-890773
Dirt · Off grid
0.9Jul 4, 2026$11,60013,18210,47210.4 mi
84
IN-690040
Paved · Full utilities
0.5Mar 24, 2026$13,40026,29210,6891.2 mi
80
IN-630210
Landlocked · Power at road
0.6Jul 27, 2026$4,2007,2996,1987.9 mi
79
IN-850843
Landlocked · Off grid
0.9Feb 21, 2025$8,1008,7839,3336.9 mi
79
IN-390085
Gravel · Power at road
0.5May 2, 2025$8,20015,4159,3570.9 mi
75
IN-292311
Dirt · Full utilities
2.7Jul 27, 2026$30,30011,3566,3838.4 mi
68
IN-592021
Gravel · Power at road
2.2Mar 15, 2025$33,10015,3109,4992.8 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • 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.