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Greene County, IN · Sold

IN-180673

7241 County Road 338

$4,500
$5,556/ac · 0.81 ac
Acreage0.81 ac
Price per acre$5,556/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedApr 16, 2024
Coordinates38.9940, -86.9690
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

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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power93 ft away

Power at or near the road.

Buildable area0.68 of 0.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,286
$3,447$5,125 · $5,291/ac on 0.81 ac
Asking vs estimate
+5.0%
In line with the comp set

Weighted from 7 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 $4,500
Maximum allowable offer
$2,449
$3,024/ac · +30.0% target margin

You need $2,051 off asking to hit this margin.

All-in cost$2,657
Net resale$3,943
Projected profit$1,286
ROI+48.4%
Annualized+69.3%
Break-even resale$3,566/ac
Profit if resale lands off target
-20%
$497
-10%
$892
0%
$1,286
+10%
$1,680
+20%
$2,075
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-581081
Dirt · Power at road
1.1Jul 27, 2026$9,5008,6936,9098.0 mi
81
IN-190152
Gravel · Power at road
0.6Jul 21, 2025$3,9007,0104,9687.0 mi
73
IN-941059
Dirt · Power at road
1.1Dec 29, 2023$6,5006,0135,2952.7 mi
71
IN-981403
Dirt · Full utilities
1.4Aug 15, 2024$9,5006,9194,89010.3 mi
66
IN-322324
Dirt · Off grid
2.7Jul 2, 2024$10,8004,0264,1572.2 mi
59
IN-341836
Dirt · Off grid
1.9Jul 23, 2024$11,9006,3196,4598.6 mi
58
IN-982375
Gravel · Power at road
2.8Nov 25, 2024$14,5005,2123,8778.3 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.