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Gibson County, IN · Sold

IN-684607

1406 County Road 372

$99,200
$7,050/ac · 14.07 ac
Acreage14.07 ac
Price per acre$7,050/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedApr 16, 2025
Coordinates38.3126, -87.5460
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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands32.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

914 ft of deeded road frontage.

Power4,520 ft away

Service extension needed; get a utility quote.

Buildable area9.05 of 14.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$108,341
$85,963$130,720 · $7,700/ac on 14.07 ac
Asking vs estimate
-8.4%
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 $99,200
Maximum allowable offer
$61,909
$4,400/ac · +30.0% target margin

You need $37,291 off asking to hit this margin.

All-in cost$67,171
Net resale$99,674
Projected profit$32,503
ROI+48.4%
Annualized+69.3%
Break-even resale$5,189/ac
Profit if resale lands off target
-20%
$12,568
-10%
$22,535
0%
$32,503
+10%
$42,470
+20%
$52,437
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-605092
Paved · Full utilities
20.0Jul 27, 2026$351,90017,5979,3253.1 mi
85
IN-704513
Gravel · Off grid
13.2Nov 23, 2025$88,3006,7155,9115.9 mi
85
IN-505493
Paved · Off grid
26.7Jul 27, 2026$305,70011,4349,0555.8 mi
81
IN-405252
Paved · Power at road
22.5Jul 27, 2026$341,30015,1959,9758.3 mi
76
IN-185518
Dirt · Off grid
27.2Jun 29, 2025$189,7006,9687,9355.6 mi
71
IN-515885
Gravel · Off grid
35.5Sep 13, 2025$194,7005,4835,5602.0 mi
69
IN-113586
Dirt · Power at road
6.7Jun 21, 2025$67,30010,0228,4246.4 mi
67
IN-893037
Paved · Full utilities
4.5Feb 7, 2026$58,40012,9506,2135.8 mi
65
IN-203449
Dirt · Off grid
6.1Nov 5, 2024$34,0005,5965,6407.4 mi
65
IN-903229
Gravel · Power at road
5.2Sep 29, 2024$59,20011,4098,3731.2 mi
63
Show adjustment detail for the top comp
  • Tract size (20 ac → 14.07 ac)+4.1%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Off grid)-30.3%

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.