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Harrison County, IN · Sold

IN-826108

3647 County Road 242

$326,300
$7,816/ac · 41.75 ac
Acreage41.75 ac
Price per acre$7,816/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 3, 2025
Coordinates38.2480, -86.1507
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope13.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

704 ft of deeded road frontage.

Power10,190 ft away

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

Buildable area31.66 of 41.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$264,123
$201,279$326,966 · $6,326/ac on 41.75 ac
Asking vs estimate
+23.5%
Priced above 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 $326,300
Maximum allowable offer
$150,927
$3,615/ac · +30.0% target margin

You need $175,373 off asking to hit this margin.

All-in cost$163,756
Net resale$242,993
Projected profit$79,237
ROI+48.4%
Annualized+69.3%
Break-even resale$4,263/ac
Profit if resale lands off target
-20%
$30,639
-10%
$54,938
0%
$79,237
+10%
$103,536
+20%
$127,836
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-665882
Dirt · Off grid
35.4Jul 27, 2026$267,9007,5597,3565.3 mi
87
IN-816301
Dirt · Power at road
48.0Dec 8, 2024$304,9006,3515,9372.2 mi
77
IN-845448
Paved · Power at road
25.9May 8, 2026$376,30014,5418,4115.6 mi
75
IN-794520
Gravel · Power at road
13.2Aug 29, 2024$102,3007,7445,2100.4 mi
65
IN-857699
Paved · Power at road
132.2Oct 27, 2024$622,4004,7094,0743.5 mi
64
Show adjustment detail for the top comp
  • Tract size (35.44 ac → 41.75 ac)-2.9%

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.