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Greene County, IN · Sold

IN-981403

5987 County Road 381

$10,900
$7,899/ac · 1.38 ac
Acreage1.38 ac
Price per acre$7,899/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedOct 26, 2023
Coordinates39.1256, -87.0594
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

291 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.08 of 1.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,315
$9,329$13,300 · $8,199/ac on 1.38 ac
Asking vs estimate
-3.7%
In line with 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 $10,900
Maximum allowable offer
$6,466
$4,685/ac · +30.0% target margin

You need $4,434 off asking to hit this margin.

All-in cost$7,016
Net resale$10,410
Projected profit$3,394
ROI+48.4%
Annualized+69.2%
Break-even resale$5,526/ac
Profit if resale lands off target
-20%
$1,312
-10%
$2,353
0%
$3,394
+10%
$4,435
+20%
$5,476
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-581081
Dirt · Power at road
1.1Jul 27, 2026$9,5008,69310,5975.8 mi
84
IN-341836
Dirt · Off grid
1.9Jul 23, 2024$11,9006,3199,9081.8 mi
73
IN-593089
Dirt · Power at road
4.7Jul 27, 2026$27,2005,8057,3307.2 mi
70
IN-941059
Dirt · Power at road
1.1Dec 29, 2023$6,5006,0138,12212.7 mi
66
IN-180673
Landlocked · Power at road
0.8Jul 31, 2024$4,4005,4449,06810.3 mi
66
IN-982375
Gravel · Power at road
2.8Nov 25, 2024$14,5005,2125,9475.8 mi
63
IN-190152
Gravel · Power at road
0.6Jul 21, 2025$3,9007,0107,6218.2 mi
62
IN-322324
Dirt · Off grid
2.7Jul 2, 2024$10,8004,0266,37612.5 mi
61
IN-793049
Gravel · Power at road
4.5May 21, 2024$29,1006,4007,5768.1 mi
59
IN-862821
Landlocked · Full utilities
3.9Dec 6, 2023$22,4005,7948,35810.8 mi
55
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%

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.