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Gibson County, IN · Sold

IN-697854

9115 County Road 332

$742,100
$5,018/ac · 148 ac
Acreage148 ac
Price per acre$5,018/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 16, 2025
Coordinates38.3035, -87.4763
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

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

View Gibson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands15.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,047 ft of deeded road frontage.

Power67 ft away

Power at or near the road.

Buildable area119.14 of 147.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$986,285
$812,874$1,159,696 · $6,669/ac on 148 ac
Asking vs estimate
-24.8%
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 $742,100
Maximum allowable offer
$563,591
$3,811/ac · +30.0% target margin

You need $178,509 off asking to hit this margin.

All-in cost$611,496
Net resale$907,382
Projected profit$295,886
ROI+48.4%
Annualized+69.2%
Break-even resale$4,494/ac
Profit if resale lands off target
-20%
$114,410
-10%
$205,148
0%
$295,886
+10%
$386,624
+20%
$477,362
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-587813
Landlocked · Off grid
143.6Apr 12, 2025$647,6004,5117,0353.1 mi
82
IN-617581
Landlocked · Off grid
121.3Aug 1, 2025$432,6003,5655,2561.9 mi
77
IN-318063
Landlocked · Power at road
172.1Aug 29, 2025$804,3004,6746,4068.0 mi
76
IN-218777
Gravel · Off grid
288.6Jul 27, 2026$1,721,9005,9667,2907.3 mi
73
IN-596994
Landlocked · Power at road
79.3Jun 20, 2024$587,0007,4008,7332.4 mi
71
IN-687376
Gravel · Off grid
104.6Jan 9, 2026$531,4005,0794,81911.1 mi
71
IN-178650
Dirt · Power at road
263.3Feb 5, 2025$1,462,4005,5556,93610.0 mi
68
IN-166902
Landlocked · Power at road
74.2Sep 3, 2024$527,3007,1068,1931.0 mi
68
IN-776635
Paved · Off grid
61.1Oct 8, 2024$500,4008,1836,1067.4 mi
59
IN-586186
Gravel · Off grid
44.2Aug 6, 2024$309,3007,0025,8101.9 mi
59
Show adjustment detail for the top comp
  • Tract size (143.56 ac → 147.89 ac)-0.8%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (16 mo)+5.6%

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.