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Harrison County, IN · Sold

IN-749541

3401 County Road 63

$1,672,600
$3,332/ac · 502 ac
Acreage502 ac
Price per acre$3,332/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 11, 2024
Coordinates38.2171, -86.1945
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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

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

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands39.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power59 ft away

Power at or near the road.

Buildable area288.52 of 501.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,028,914
$1,716,122$2,341,706 · $4,042/ac on 502 ac
Asking vs estimate
-17.6%
Priced below the comp set

Weighted from 5 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 $1,672,600
Maximum allowable offer
$1,159,380
$2,310/ac · +30.0% target margin

You need $513,220 off asking to hit this margin.

All-in cost$1,257,927
Net resale$1,866,601
Projected profit$608,674
ROI+48.4%
Annualized+69.2%
Break-even resale$2,724/ac
Profit if resale lands off target
-20%
$235,354
-10%
$422,014
0%
$608,674
+10%
$795,334
+20%
$981,994
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-109686
Dirt · Power at road
557.6Nov 4, 2025$1,843,0003,3054,0984.5 mi
85
IN-818747
Gravel · Off grid
282.4Feb 18, 2026$1,365,3004,8344,89510.8 mi
71
IN-878119
Dirt · Off grid
179.2Apr 28, 2025$642,3003,5843,8364.7 mi
66
IN-857699
Paved · Power at road
132.2Oct 27, 2024$622,4004,7092,9355.3 mi
58
IN-816301
Dirt · Power at road
48.0Dec 8, 2024$304,9006,3514,2785.1 mi
53
Show adjustment detail for the top comp
  • Tract size (557.58 ac → 501.99 ac)+3.2%
  • Access (Dirt → Gravel)+16.3%
  • Market time (9 mo)+3.3%

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.