← New search
Gibson County, IN · Sold

IN-210440

2121 County Road 206

$6,800
$9,855/ac · 0.69 ac
Acreage0.69 ac
Price per acre$9,855/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 23, 2024
Coordinates38.2381, -87.5476
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
38
Moderate risk
Wetlands36.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

88 ft of deeded road frontage.

Power181 ft away

Power at or near the road.

Buildable area0.41 of 0.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,422
$6,509$10,335 · $12,206/ac on 0.69 ac
Asking vs estimate
-19.3%
Priced below the comp set

Weighted from 5 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 $6,800
Maximum allowable offer
$4,813
$6,975/ac · +30.0% target margin

You need $1,987 off asking to hit this margin.

All-in cost$5,222
Net resale$7,748
Projected profit$2,526
ROI+48.4%
Annualized+69.2%
Break-even resale$8,226/ac
Profit if resale lands off target
-20%
$977
-10%
$1,751
0%
$2,526
+10%
$3,301
+20%
$4,076
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-290671
Gravel · Power at road
0.8Jul 27, 2026$7,3009,0059,0366.9 mi
86
IN-500067
Gravel · Full utilities
0.5Jan 2, 2026$9,20017,61214,7841.9 mi
81
IN-840577
Gravel · Power at road
0.8Jul 15, 2025$11,70015,41116,1259.0 mi
78
IN-781199
Dirt · Off grid
1.2Jul 27, 2026$8,8007,41510,21810.0 mi
74
IN-160318
Dirt · Off grid
0.6Dec 17, 2024$4,7007,47310,9306.5 mi
73
Show adjustment detail for the top comp

    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.