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Greene County, IN · Sold

IN-982375

9204 County Road 316

$17,500
$6,272/ac · 2.79 ac
Acreage2.79 ac
Price per acre$6,272/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJan 25, 2024
Coordinates39.1130, -86.9524
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

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power232 ft away

Power at or near the road.

Buildable area2.64 of 2.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,342
$17,840$24,844 · $7,650/ac on 2.79 ac
Asking vs estimate
-18.0%
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 $17,500
Maximum allowable offer
$12,195
$4,371/ac · +30.0% target margin

You need $5,305 off asking to hit this margin.

All-in cost$13,232
Net resale$19,635
Projected profit$6,403
ROI+48.4%
Annualized+69.3%
Break-even resale$5,155/ac
Profit if resale lands off target
-20%
$2,476
-10%
$4,440
0%
$6,403
+10%
$8,367
+20%
$10,330
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-593089
Dirt · Power at road
4.7Jul 27, 2026$27,2005,8056,8881.5 mi
81
IN-581081
Dirt · Power at road
1.1Jul 27, 2026$9,5008,6939,9599.2 mi
76
IN-322324
Dirt · Off grid
2.7Jul 2, 2024$10,8004,0265,99210.2 mi
70
IN-793049
Gravel · Power at road
4.5May 21, 2024$29,1006,4007,1206.4 mi
69
IN-341836
Dirt · Off grid
1.9Jul 23, 2024$11,9006,3199,3114.5 mi
68
IN-333803
Dirt · Off grid
7.9Apr 23, 2026$33,6004,2796,2095.9 mi
67
IN-862821
Landlocked · Full utilities
3.9Dec 6, 2023$22,4005,7947,8558.1 mi
64
IN-981403
Dirt · Full utilities
1.4Aug 15, 2024$9,5006,9197,0495.8 mi
62
IN-941059
Dirt · Power at road
1.1Dec 29, 2023$6,5006,0137,6339.7 mi
57
IN-180673
Landlocked · Power at road
0.8Jul 31, 2024$4,4005,4448,5228.3 mi
56
Show adjustment detail for the top comp
  • Tract size (4.69 ac → 2.79 ac)+1.8%
  • Access (Dirt → Gravel)+16.3%

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.