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Greene County, IN · Sold

IN-764248

9597 County Road 23

$67,700
$6,240/ac · 10.85 ac
Acreage10.85 ac
Price per acre$6,240/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 31, 2024
Coordinates39.0624, -86.9146
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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
25
Low risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power189 ft away

Power at or near the road.

Buildable area8.47 of 10.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$62,030
$55,546$68,515 · $5,717/ac on 10.85 ac
Asking vs estimate
+9.1%
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 $67,700
Maximum allowable offer
$35,446
$3,267/ac · +30.0% target margin

You need $32,254 off asking to hit this margin.

All-in cost$38,459
Net resale$57,068
Projected profit$18,609
ROI+48.4%
Annualized+69.2%
Break-even resale$3,853/ac
Profit if resale lands off target
-20%
$7,195
-10%
$12,902
0%
$18,609
+10%
$24,316
+20%
$30,022
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-333803
Dirt · Off grid
7.9Apr 23, 2026$33,6004,2794,9776.5 mi
79
IN-593089
Dirt · Power at road
4.7Jul 27, 2026$27,2005,8055,5224.1 mi
78
IN-705895
Dirt · Power at road
35.8Jul 27, 2026$164,4004,5965,3643.9 mi
75
IN-644312
Landlocked · Power at road
11.4Aug 9, 2024$56,6004,9766,8556.2 mi
75
IN-915788
Landlocked · Power at road
33.1Sep 7, 2025$112,9003,4105,1522.1 mi
67
IN-793049
Gravel · Power at road
4.5May 21, 2024$29,1006,4005,7074.6 mi
66
IN-775426
Paved · Power at road
25.5Jan 27, 2025$180,0007,0666,0498.8 mi
62
IN-862821
Landlocked · Full utilities
3.9Dec 6, 2023$22,4005,7946,2974.9 mi
57
Show adjustment detail for the top comp
  • Tract size (7.86 ac → 10.85 ac)-2.4%
  • 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.