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Gibson County, IN · Sold

IN-113586

5632 County Road 181

$64,200
$9,554/ac · 6.72 ac
Acreage6.72 ac
Price per acre$9,554/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 19, 2025
Coordinates38.3969, -87.5942
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

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.

Power203 ft away

Power at or near the road.

Buildable area5.61 of 6.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$61,343
$46,156$76,530 · $9,128/ac on 6.72 ac
Asking vs estimate
+4.7%
In line with the comp set

Weighted from 9 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 $64,200
Maximum allowable offer
$35,053
$5,216/ac · +30.0% target margin

You need $29,147 off asking to hit this margin.

All-in cost$38,033
Net resale$56,435
Projected profit$18,403
ROI+48.4%
Annualized+69.2%
Break-even resale$6,152/ac
Profit if resale lands off target
-20%
$7,116
-10%
$12,759
0%
$18,403
+10%
$24,046
+20%
$29,690
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-203449
Dirt · Off grid
6.1Nov 5, 2024$34,0005,5967,0352.2 mi
83
IN-903229
Gravel · Power at road
5.2Sep 29, 2024$59,20011,40910,4437.6 mi
74
IN-893037
Paved · Full utilities
4.5Feb 7, 2026$58,40012,9507,7499.1 mi
72
IN-704513
Gravel · Off grid
13.2Nov 23, 2025$88,3006,7157,3731.1 mi
72
IN-605092
Paved · Full utilities
20.0Jul 27, 2026$351,90017,59711,6306.2 mi
69
IN-684607
Dirt · Off grid
14.1Sep 3, 2025$87,1006,1908,0286.4 mi
69
IN-422704
Paved · Off grid
3.5Apr 23, 2025$24,5006,9056,0698.8 mi
68
IN-405252
Paved · Power at road
22.5Jul 27, 2026$341,30015,19512,44111.2 mi
67
IN-222538
Dirt · Full utilities
3.1May 4, 2025$44,90014,29411,9505.9 mi
67
Show adjustment detail for the top comp
  • Tract size (6.08 ac → 6.72 ac)-0.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (21 mo)+7.5%

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.