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Harrison County, IN · Sold

IN-878119

9308 County Road 233

$611,100
$3,410/ac · 179 ac
Acreage179 ac
Price per acre$3,410/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 4, 2024
Coordinates38.1517, -86.1698
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

Harrison County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Harrison market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,464 ft of deeded road frontage.

Power10,848 ft away

A long utility run — price in solar/off-grid instead.

Buildable area170.06 of 179.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$776,204
$613,726$938,682 · $4,332/ac on 179 ac
Asking vs estimate
-21.3%
Priced below the comp set

Weighted from 7 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 $611,100
Maximum allowable offer
$443,545
$2,475/ac · +30.0% target margin

You need $167,555 off asking to hit this margin.

All-in cost$481,246
Net resale$714,108
Projected profit$232,861
ROI+48.4%
Annualized+69.2%
Break-even resale$2,919/ac
Profit if resale lands off target
-20%
$90,040
-10%
$161,451
0%
$232,861
+10%
$304,272
+20%
$375,683
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-818747
Gravel · Off grid
282.4Feb 18, 2026$1,365,3004,8344,8248.7 mi
74
IN-109686
Dirt · Power at road
557.6Nov 4, 2025$1,843,0003,3054,0382.3 mi
73
IN-665882
Dirt · Off grid
35.4Jul 27, 2026$267,9007,5595,2232.5 mi
72
IN-857699
Paved · Power at road
132.2Oct 27, 2024$622,4004,7092,8926.1 mi
68
IN-826108
Dirt · Off grid
41.8Mar 19, 2026$324,3007,7695,6116.7 mi
67
IN-749541
Gravel · Power at road
502.0Jul 18, 2024$1,584,0003,1553,3814.7 mi
63
IN-816301
Dirt · Power at road
48.0Dec 8, 2024$304,9006,3514,2167.5 mi
58
Show adjustment detail for the top comp
  • Tract size (282.42 ac → 179.19 ac)+13.7%
  • Access (Gravel → Dirt)-14.0%
  • Market time (6 mo)+2.1%

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.