← New search
Gibson County, IN · Sold

IN-166902

1834 County Road 191

$511,900
$6,899/ac · 74.20 ac
Acreage74.20 ac
Price per acre$6,899/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedNov 9, 2023
Coordinates38.3162, -87.4854
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

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power196 ft away

Power at or near the road.

Buildable area70.00 of 74.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$425,669
$326,332$525,006 · $5,737/ac on 74.20 ac
Asking vs estimate
+20.3%
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 $511,900
Maximum allowable offer
$243,239
$3,278/ac · +30.0% target margin

You need $268,661 off asking to hit this margin.

All-in cost$263,914
Net resale$391,615
Projected profit$127,701
ROI+48.4%
Annualized+69.2%
Break-even resale$3,866/ac
Profit if resale lands off target
-20%
$49,378
-10%
$88,539
0%
$127,701
+10%
$166,862
+20%
$206,024
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-697854
Dirt · Power at road
147.9Jun 17, 2026$624,8004,2253,9911.0 mi
78
IN-596994
Landlocked · Power at road
79.3Jun 20, 2024$587,0007,4008,1953.3 mi
78
IN-617581
Landlocked · Off grid
121.3Aug 1, 2025$432,6003,5654,9320.9 mi
75
IN-776635
Paved · Off grid
61.1Oct 8, 2024$500,4008,1835,7296.4 mi
74
IN-405252
Paved · Power at road
22.5Jul 27, 2026$341,30015,1957,04511.3 mi
72
IN-687376
Gravel · Off grid
104.6Jan 9, 2026$531,4005,0794,52110.4 mi
72
IN-587813
Landlocked · Off grid
143.6Apr 12, 2025$647,6004,5116,6012.8 mi
70
IN-515885
Gravel · Off grid
35.5Sep 13, 2025$194,7005,4833,9271.8 mi
70
IN-505493
Paved · Off grid
26.7Jul 27, 2026$305,70011,4346,3966.7 mi
70
IN-318063
Landlocked · Power at road
172.1Aug 29, 2025$804,3004,6746,0117.1 mi
69
Show adjustment detail for the top comp
  • Tract size (147.89 ac → 74.2 ac)+18.7%
  • 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.