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Greene County, IN · Sold

IN-644312

4829 County Road 24

$66,800
$5,875/ac · 11.37 ac
Acreage11.37 ac
Price per acre$5,875/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 14, 2024
Coordinates39.0632, -87.0311
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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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands13.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.5%

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.

Power236 ft away

Power at or near the road.

Buildable area9.33 of 11.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,273
$45,945$56,602 · $4,510/ac on 11.37 ac
Asking vs estimate
+30.3%
Priced above the comp set

Weighted from 8 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 $66,800
Maximum allowable offer
$29,299
$2,577/ac · +30.0% target margin

You need $37,501 off asking to hit this margin.

All-in cost$31,789
Net resale$47,172
Projected profit$15,382
ROI+48.4%
Annualized+69.3%
Break-even resale$3,039/ac
Profit if resale lands off target
-20%
$5,948
-10%
$10,665
0%
$15,382
+10%
$20,099
+20%
$24,816
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-333803
Dirt · Off grid
7.9Apr 23, 2026$33,6004,2793,9200.5 mi
80
IN-764248
Dirt · Power at road
10.8Apr 13, 2025$70,1006,4585,3726.2 mi
77
IN-705895
Dirt · Power at road
35.8Jul 27, 2026$164,4004,5964,2243.6 mi
73
IN-593089
Dirt · Power at road
4.7Jul 27, 2026$27,2005,8054,3486.9 mi
73
IN-775426
Paved · Power at road
25.5Jan 27, 2025$180,0007,0664,7642.7 mi
71
IN-915788
Landlocked · Power at road
33.1Sep 7, 2025$112,9003,4104,0576.4 mi
67
IN-793049
Gravel · Power at road
4.5May 21, 2024$29,1006,4004,4943.7 mi
62
IN-862821
Landlocked · Full utilities
3.9Dec 6, 2023$22,4005,7944,9596.4 mi
59
Show adjustment detail for the top comp
  • Tract size (7.86 ac → 11.37 ac)-2.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.3%

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.