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Knox County, IN · Sold

IN-629699

2163 County Road 139

$1,013,300
$1,800/ac · 563 ac
Acreage563 ac
Price per acre$1,800/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 11, 2024
Coordinates38.6725, -87.3362
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
22
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope15.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,543 ft of deeded road frontage.

Power9,504 ft away

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

Buildable area434.08 of 562.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,680,356
$1,446,745$1,913,967 · $2,985/ac on 563 ac
Asking vs estimate
-39.7%
Priced below the comp set

Weighted from 4 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 $1,013,300
Maximum allowable offer
$960,203
$1,706/ac · +30.0% target margin

You need $53,097 off asking to hit this margin.

All-in cost$1,041,820
Net resale$1,545,927
Projected profit$504,107
ROI+48.4%
Annualized+69.2%
Break-even resale$2,012/ac
Profit if resale lands off target
-20%
$194,921
-10%
$349,514
0%
$504,107
+10%
$658,700
+20%
$813,292
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-538927
Paved · Off grid
321.8Jul 27, 2026$1,432,9004,4542,7538.1 mi
76
IN-418036
Dirt · Off grid
168.7Jul 5, 2026$754,7004,4733,1682.0 mi
75
IN-619016
Dirt · Off grid
343.2Oct 26, 2024$1,315,6003,8343,5560.9 mi
74
IN-408227
Landlocked · Power at road
193.8May 1, 2026$595,6003,0742,4491.3 mi
71
Show adjustment detail for the top comp
  • Tract size (321.75 ac → 562.86 ac)-15.4%
  • Access (Paved → Dirt)-27.1%

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.