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Gibson County, IN · Sold

IN-218777

6112 County Road 376

$1,643,000
$5,693/ac · 289 ac
Acreage289 ac
Price per acre$5,693/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 8, 2026
Coordinates38.2663, -87.6020
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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

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,763 ft of deeded road frontage.

Power8,202 ft away

A long utility run — price in solar/off-grid instead.

Buildable area255.27 of 288.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,367,790
$1,115,145$1,620,436 · $4,739/ac on 289 ac
Asking vs estimate
+20.1%
Priced above the comp set

Weighted from 6 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 $1,643,000
Maximum allowable offer
$781,595
$2,708/ac · +30.0% target margin

You need $861,405 off asking to hit this margin.

All-in cost$848,031
Net resale$1,258,367
Projected profit$410,337
ROI+48.4%
Annualized+69.2%
Break-even resale$3,194/ac
Profit if resale lands off target
-20%
$158,663
-10%
$284,500
0%
$410,337
+10%
$536,173
+20%
$662,010
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-178650
Dirt · Power at road
263.3Feb 5, 2025$1,462,4005,5555,6892.8 mi
75
IN-687376
Gravel · Off grid
104.6Jan 9, 2026$531,4005,0793,9526.7 mi
74
IN-318063
Landlocked · Power at road
172.1Aug 29, 2025$804,3004,6745,2557.8 mi
72
IN-697854
Dirt · Power at road
147.9Jun 17, 2026$624,8004,2253,4897.3 mi
72
IN-617581
Landlocked · Off grid
121.3Aug 1, 2025$432,6003,5654,3116.9 mi
70
IN-587813
Landlocked · Off grid
143.6Apr 12, 2025$647,6004,5115,7704.5 mi
67
Show adjustment detail for the top comp
  • Tract size (263.25 ac → 288.62 ac)-2.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (18 mo)+6.4%

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.