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Greene County, IN · Sold

IN-915788

5829 County Road 346

$114,400
$3,455/ac · 33.11 ac
Acreage33.11 ac
Price per acre$3,455/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 6, 2025
Coordinates39.0322, -86.9191
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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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power79 ft away

Power at or near the road.

Buildable area28.47 of 33.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$142,900
$128,214$157,586 · $4,316/ac on 33.11 ac
Asking vs estimate
-19.9%
Priced below 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 $114,400
Maximum allowable offer
$81,657
$2,466/ac · +30.0% target margin

You need $32,743 off asking to hit this margin.

All-in cost$88,598
Net resale$131,468
Projected profit$42,870
ROI+48.4%
Annualized+69.3%
Break-even resale$2,909/ac
Profit if resale lands off target
-20%
$16,577
-10%
$29,724
0%
$42,870
+10%
$56,017
+20%
$69,164
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-705895
Dirt · Power at road
35.8Jul 27, 2026$164,4004,5963,6903.1 mi
88
IN-775426
Paved · Power at road
25.5Jan 27, 2025$180,0007,0664,1618.7 mi
70
IN-326934
Dirt · Off grid
75.9Apr 27, 2025$297,5003,9184,5374.6 mi
69
IN-186803
Dirt · Full utilities
69.1Aug 22, 2025$391,0005,6614,41310.3 mi
68
IN-907053
Gravel · Power at road
82.8Jul 7, 2025$470,2005,6804,8684.3 mi
66
IN-764248
Dirt · Power at road
10.8Apr 13, 2025$70,1006,4584,6932.1 mi
65
IN-644312
Landlocked · Power at road
11.4Aug 9, 2024$56,6004,9764,7166.4 mi
63
IN-917419
Landlocked · Off grid
107.9Dec 27, 2024$242,7002,2493,6315.4 mi
61
Show adjustment detail for the top comp
  • Tract size (35.78 ac → 33.11 ac)+1.3%
  • 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.