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Gibson County, IN · Sold

IN-596994

6337 County Road 287

$556,900
$7,021/ac · 79.32 ac
Acreage79.32 ac
Price per acre$7,021/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedAug 26, 2023
Coordinates38.2690, -87.4846
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
50
Moderate risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope26.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power169 ft away

Power at or near the road.

Buildable area45.59 of 79.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$432,155
$340,655$523,655 · $5,448/ac on 79.32 ac
Asking vs estimate
+28.9%
Priced above 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 $556,900
Maximum allowable offer
$246,946
$3,113/ac · +30.0% target margin

You need $309,954 off asking to hit this margin.

All-in cost$267,936
Net resale$397,583
Projected profit$129,646
ROI+48.4%
Annualized+69.2%
Break-even resale$3,672/ac
Profit if resale lands off target
-20%
$50,130
-10%
$89,888
0%
$129,646
+10%
$169,404
+20%
$209,163
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-697854
Dirt · Power at road
147.9Jun 17, 2026$624,8004,2253,9312.4 mi
83
IN-166902
Landlocked · Power at road
74.2Sep 3, 2024$527,3007,1067,5713.3 mi
79
IN-587813
Landlocked · Off grid
143.6Apr 12, 2025$647,6004,5116,5003.6 mi
75
IN-617581
Landlocked · Off grid
121.3Aug 1, 2025$432,6003,5654,8573.9 mi
74
IN-687376
Gravel · Off grid
104.6Jan 9, 2026$531,4005,0794,45311.5 mi
73
IN-505493
Paved · Off grid
26.7Jul 27, 2026$305,70011,4346,2989.6 mi
72
IN-318063
Landlocked · Power at road
172.1Aug 29, 2025$804,3004,6745,9209.5 mi
68
IN-776635
Paved · Off grid
61.1Oct 8, 2024$500,4008,1835,6429.1 mi
68
IN-515885
Gravel · Off grid
35.5Sep 13, 2025$194,7005,4833,8684.4 mi
66
IN-586186
Gravel · Off grid
44.2Aug 6, 2024$309,3007,0025,3693.0 mi
66
Show adjustment detail for the top comp
  • Tract size (147.89 ac → 79.32 ac)+16.9%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (2 mo)+0.7%

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.