← New search
Knox County, IN · Sold

IN-642047

8503 County Road 392

$19,600
$8,909/ac · 2.20 ac
Acreage2.20 ac
Price per acre$8,909/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedApr 27, 2024
Coordinates38.6767, -87.4878
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

Knox County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Knox market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope25.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power192 ft away

Power at or near the road.

Buildable area1.23 of 2.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,157
$16,074$22,240 · $8,708/ac on 2.20 ac
Asking vs estimate
+2.3%
In line with 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 $19,600
Maximum allowable offer
$10,947
$4,976/ac · +30.0% target margin

You need $8,653 off asking to hit this margin.

All-in cost$11,877
Net resale$17,624
Projected profit$5,747
ROI+48.4%
Annualized+69.2%
Break-even resale$5,868/ac
Profit if resale lands off target
-20%
$2,222
-10%
$3,985
0%
$5,747
+10%
$7,509
+20%
$9,272
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-103251
Dirt · Power at road
5.3Jul 27, 2026$32,3006,1228,6684.3 mi
75
IN-191286
Landlocked · Full utilities
1.3Jul 27, 2026$7,5005,9098,3458.5 mi
74
IN-213276
Dirt · Off grid
5.4Jun 13, 2026$25,0004,6467,7858.4 mi
69
IN-683254
Dirt · Off grid
5.3Jan 28, 2026$23,1004,3767,44010.0 mi
65
IN-810518
Landlocked · Full utilities
0.7Apr 5, 2025$5,7007,80811,5683.2 mi
62
Show adjustment detail for the top comp
  • Tract size (5.27 ac → 2.2 ac)+3.0%
  • Access (Dirt → Paved)+37.2%

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.