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Greene County, IN · Sold

IN-728327

6692 County Road 23

$970,800
$4,660/ac · 208 ac
Acreage208 ac
Price per acre$4,660/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMar 2, 2026
Coordinates39.0143, -86.9528
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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

Greene County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Greene market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,147 ft of deeded road frontage.

Power6 ft away

Power at or near the road.

Buildable area192.77 of 208.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,016,396
$917,104$1,115,688 · $4,879/ac on 208 ac
Asking vs estimate
-4.5%
In line with 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 $970,800
Maximum allowable offer
$580,798
$2,788/ac · +30.0% target margin

You need $390,002 off asking to hit this margin.

All-in cost$630,166
Net resale$935,085
Projected profit$304,919
ROI+48.4%
Annualized+69.2%
Break-even resale$3,288/ac
Profit if resale lands off target
-20%
$117,902
-10%
$211,410
0%
$304,919
+10%
$398,427
+20%
$491,936
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-268146
Gravel · Full utilities
182.7Jul 27, 2026$906,6004,9624,6385.4 mi
83
IN-907053
Gravel · Power at road
82.8Jul 7, 2025$470,2005,6805,5212.8 mi
72
IN-917419
Landlocked · Off grid
107.9Dec 27, 2024$242,7002,2494,1183.7 mi
66
IN-326934
Dirt · Off grid
75.9Apr 27, 2025$297,5003,9185,1465.6 mi
61
IN-186803
Dirt · Full utilities
69.1Aug 22, 2025$391,0005,6615,0069.0 mi
61
Show adjustment detail for the top comp
  • Tract size (182.73 ac → 208.33 ac)-3.6%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.