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Harrison County, IN · Sold

IN-520628

198 County Road 163

$7,800
$9,873/ac · 0.79 ac
Acreage0.79 ac
Price per acre$9,873/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedMay 28, 2025
Coordinates38.1337, -86.0690
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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

1 item to verify before you offer.

Risk index
30
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power144 ft away

Power at or near the road.

Buildable area0.72 of 0.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,646
$4,065$7,226 · $7,146/ac on 0.79 ac
Asking vs estimate
+38.2%
Priced above 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 $7,800
Maximum allowable offer
$3,226
$4,084/ac · +30.0% target margin

You need $4,574 off asking to hit this margin.

All-in cost$3,500
Net resale$5,194
Projected profit$1,694
ROI+48.4%
Annualized+69.3%
Break-even resale$4,816/ac
Profit if resale lands off target
-20%
$655
-10%
$1,174
0%
$1,694
+10%
$2,213
+20%
$2,732
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-320345
Landlocked · Power at road
0.6Jul 27, 2026$4,2006,5706,5741.2 mi
89
IN-370356
Gravel · Power at road
0.7Jul 27, 2026$4,7007,1754,8833.3 mi
85
IN-182047
Paved · Power at road
2.2Jul 27, 2026$43,60019,81311,6096.2 mi
76
IN-210741
Gravel · Power at road
0.9Oct 11, 2024$8,1009,4106,9006.4 mi
75
IN-981604
Dirt · Off grid
1.6Jul 27, 2026$8,8005,5175,1869.3 mi
72
IN-231079
Gravel · Power at road
1.1Sep 25, 2024$12,80011,7148,6243.5 mi
71
IN-401643
Landlocked · Full utilities
1.6Dec 1, 2025$12,6007,6646,5257.7 mi
69
Show adjustment detail for the top comp

    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.