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Harrison County, IN · Sold

IN-981604

5992 County Road 111

$9,100
$5,688/ac · 1.60 ac
Acreage1.60 ac
Price per acre$5,688/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 15, 2026
Coordinates38.2661, -86.0981
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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,030 ft away

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

Buildable area1.41 of 1.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,717
$9,156$16,277 · $7,948/ac on 1.60 ac
Asking vs estimate
-28.4%
Priced below the comp set

Weighted from 9 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 $9,100
Maximum allowable offer
$7,267
$4,542/ac · +30.0% target margin

You need $1,833 off asking to hit this margin.

All-in cost$7,885
Net resale$11,699
Projected profit$3,815
ROI+48.4%
Annualized+69.2%
Break-even resale$5,356/ac
Profit if resale lands off target
-20%
$1,475
-10%
$2,645
0%
$3,815
+10%
$4,985
+20%
$6,154
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-401643
Landlocked · Full utilities
1.6Dec 1, 2025$12,6007,6646,9563.5 mi
81
IN-182047
Paved · Power at road
2.2Jul 27, 2026$43,60019,81312,3767.4 mi
79
IN-370356
Gravel · Power at road
0.7Jul 27, 2026$4,7007,1755,2069.0 mi
75
IN-320345
Landlocked · Power at road
0.6Jul 27, 2026$4,2006,5707,0099.4 mi
74
IN-231079
Gravel · Power at road
1.1Sep 25, 2024$12,80011,7149,1947.2 mi
70
IN-333313
Gravel · Off grid
5.5Jul 7, 2026$37,4006,7966,0946.6 mi
69
IN-210741
Gravel · Power at road
0.9Oct 11, 2024$8,1009,4107,35611.7 mi
65
IN-520628
Landlocked · Power at road
0.8Jul 30, 2025$8,10010,27811,4399.3 mi
64
IN-553205
Landlocked · Power at road
5.1Feb 29, 2024$23,0004,5085,5309.1 mi
58
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (8 mo)+3.0%

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.