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Harrison County, IN · Sold

IN-816301

1630 County Road 31

$296,300
$6,172/ac · 48.01 ac
Acreage48.01 ac
Price per acre$6,172/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 7, 2024
Coordinates38.2504, -86.1105
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,215 ft of deeded road frontage.

Power17 ft away

Power at or near the road.

Buildable area42.14 of 48.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$358,888
$276,856$440,919 · $7,475/ac on 48.01 ac
Asking vs estimate
-17.4%
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 $296,300
Maximum allowable offer
$205,079
$4,272/ac · +30.0% target margin

You need $91,221 off asking to hit this margin.

All-in cost$222,511
Net resale$330,177
Projected profit$107,666
ROI+48.4%
Annualized+69.2%
Break-even resale$5,038/ac
Profit if resale lands off target
-20%
$41,630
-10%
$74,648
0%
$107,666
+10%
$140,683
+20%
$173,701
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-665882
Dirt · Off grid
35.4Jul 27, 2026$267,9007,5598,4265.5 mi
87
IN-826108
Dirt · Off grid
41.8Mar 19, 2026$324,3007,7699,0512.2 mi
85
IN-845448
Paved · Power at road
25.9May 8, 2026$376,30014,5419,6345.9 mi
80
IN-857699
Paved · Power at road
132.2Oct 27, 2024$622,4004,7094,6662.3 mi
63
IN-794520
Gravel · Power at road
13.2Aug 29, 2024$102,3007,7445,9672.0 mi
61
IN-878119
Dirt · Off grid
179.2Apr 28, 2025$642,3003,5846,0987.5 mi
60
IN-683944
Paved · Off grid
8.7Dec 14, 2024$81,2009,3196,8333.2 mi
56
Show adjustment detail for the top comp
  • Tract size (35.44 ac → 48.01 ac)-5.5%
  • Utilities (Off grid → Power at road)+17.6%

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.