Gibson County, IN · Sold

IN-776635

1286 County Road 175

$492,500

$8,054/ac · 61.15 ac

Offer report Market this tract

Acreage61.15 ac

Price per acre$8,054/ac

ZoningResidential

Road accessPaved

UtilitiesOff grid

TopographySloped

ListedJul 23, 2024

Coordinates38.3854, -87.5649

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope28.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,016 ft of deeded road frontage.

Power3,974 ft away

Service extension needed; get a utility quote.

Buildable area34.16 of 61.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$553,881

$418,663 – $689,099 · $9,058/ac on 61.15 ac

Asking vs estimate

-11.1%

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 $492,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$316,503

$5,176/ac · +30.0% target margin

You need $175,997 off asking to hit this margin.

All-in cost$343,406

Net resale$509,570

Projected profit$166,165

ROI+48.4%

Annualized+69.3%

Break-even resale$6,104/ac

Profit if resale lands off target

-20%

$64,251

-10%

$115,208

$166,165

+10%

$217,122

+20%

$268,079

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	9,846	0.8 mi	81
IN-405252 Paved · Power at road	22.5	Jul 27, 2026	$341,300	15,195	10,847	11.2 mi	75
IN-166902 Landlocked · Power at road	74.2	Sep 3, 2024	$527,300	7,106	11,836	6.4 mi	74
IN-605092 Paved · Full utilities	20.0	Jul 27, 2026	$351,900	17,597	10,140	4.5 mi	73
IN-687376 Gravel · Off grid	104.6	Jan 9, 2026	$531,400	5,079	6,961	6.5 mi	73
IN-515885 Gravel · Off grid	35.5	Sep 13, 2025	$194,700	5,483	6,046	4.8 mi	72
IN-586186 Gravel · Off grid	44.2	Aug 6, 2024	$309,300	7,002	8,393	6.1 mi	70
IN-697854 Dirt · Power at road	147.9	Jun 17, 2026	$624,800	4,225	6,145	7.4 mi	70
IN-617581 Landlocked · Off grid	121.3	Aug 1, 2025	$432,600	3,565	7,593	5.6 mi	68
IN-596994 Landlocked · Power at road	79.3	Jun 20, 2024	$587,000	7,400	12,616	9.1 mi	67

Show adjustment detail for the top comp

Tract size (26.74 ac → 61.15 ac)-14.1%

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