Gibson County, IN · Sold

IN-185518

5737 County Road 101

$224,800

$8,256/ac · 27.23 ac

Offer report Market this tract

Acreage27.23 ac

Price per acre$8,256/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedMay 1, 2024

Coordinates38.2511, -87.6140

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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

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

Low risk

Wetlands12.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

758 ft of deeded road frontage.

Power1,874 ft away

Service extension needed; get a utility quote.

Buildable area22.69 of 27.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$210,507

$163,735 – $257,278 · $7,731/ac on 27.23 ac

Asking vs estimate

+6.8%

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 $224,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$120,290

$4,418/ac · +30.0% target margin

You need $104,510 off asking to hit this margin.

All-in cost$130,515

Net resale$193,666

Projected profit$63,151

ROI+48.4%

Annualized+69.2%

Break-even resale$5,210/ac

Profit if resale lands off target

-20%

$24,418

-10%

$43,785

$63,151

+10%

$82,518

+20%

$101,885

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-505493 Paved · Off grid	26.7	Jul 27, 2026	$305,700	11,434	8,328	10.5 mi	84
IN-405252 Paved · Power at road	22.5	Jul 27, 2026	$341,300	15,195	9,175	3.3 mi	83
IN-605092 Paved · Full utilities	20.0	Jul 27, 2026	$351,900	17,597	8,577	8.7 mi	78
IN-515885 Gravel · Off grid	35.5	Sep 13, 2025	$194,700	5,483	5,114	7.6 mi	74
IN-684607 Dirt · Off grid	14.1	Sep 3, 2025	$87,100	6,190	5,921	5.6 mi	72
IN-145676 Landlocked · Full utilities	30.5	Dec 19, 2023	$311,500	10,202	10,174	6.0 mi	70
IN-704513 Gravel · Off grid	13.2	Nov 23, 2025	$88,300	6,715	5,437	9.2 mi	68
IN-586186 Gravel · Off grid	44.2	Aug 6, 2024	$309,300	7,002	7,099	6.8 mi	66
IN-776635 Paved · Off grid	61.1	Oct 8, 2024	$500,400	8,183	7,460	9.7 mi	61
IN-166902 Landlocked · Power at road	74.2	Sep 3, 2024	$527,300	7,106	10,011	8.3 mi	57

Show adjustment detail for the top comp

Access (Paved → Dirt)-27.1%

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.

Build the listing kit Post a deal or JV