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Knox County, IN · Sold

IN-805887

8214 County Road 342

$192,000
$5,398/ac · 35.57 ac
Acreage35.57 ac
Price per acre$5,398/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedFeb 1, 2024
Coordinates38.6748, -87.3924
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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power239 ft away

Power at or near the road.

Buildable area30.99 of 35.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$218,687
$182,600$254,775 · $6,148/ac on 35.57 ac
Asking vs estimate
-12.2%
Priced below the comp set

Weighted from 10 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 $192,000
Maximum allowable offer
$124,964
$3,513/ac · +30.0% target margin

You need $67,036 off asking to hit this margin.

All-in cost$135,586
Net resale$201,192
Projected profit$65,606
ROI+48.4%
Annualized+69.3%
Break-even resale$4,143/ac
Profit if resale lands off target
-20%
$25,368
-10%
$45,487
0%
$65,606
+10%
$85,726
+20%
$105,845
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-395477
Gravel · Off grid
26.4May 20, 2026$143,0005,4115,2713.9 mi
80
IN-416122
Gravel · Off grid
42.2Feb 5, 2026$259,6006,1566,5643.7 mi
79
IN-735203
Dirt · Power at road
21.7Mar 16, 2026$129,0005,9535,6134.7 mi
79
IN-985116
Gravel · Off grid
20.4Jun 23, 2026$145,7007,1596,6971.1 mi
78
IN-565377
Gravel · Off grid
24.6Apr 8, 2025$174,3007,0907,1492.5 mi
76
IN-925006
Gravel · Off grid
18.8Jul 27, 2026$136,3007,2546,6925.8 mi
75
IN-875676
Landlocked · Full utilities
30.5Jun 22, 2025$215,4007,0557,4737.1 mi
73
IN-105084
Landlocked · Full utilities
19.9Nov 23, 2025$123,7006,2216,0904.6 mi
70
IN-604326
Gravel · Power at road
11.5Nov 6, 2025$54,7004,7633,6535.6 mi
66
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1945,9975.6 mi
61
Show adjustment detail for the top comp
  • Tract size (26.43 ac → 35.57 ac)-4.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.