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Knox County, IN · Sold

IN-213276

2645 County Road 172

$25,000
$4,655/ac · 5.37 ac
Acreage5.37 ac
Price per acre$4,655/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedSep 9, 2025
Coordinates38.7161, -87.3402
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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

266 ft of deeded road frontage.

Power7,026 ft away

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

Buildable area4.96 of 5.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,656
$22,971$34,341 · $5,336/ac on 5.37 ac
Asking vs estimate
-12.8%
Priced below the comp set

Weighted from 6 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 $25,000
Maximum allowable offer
$16,375
$3,049/ac · +30.0% target margin

You need $8,625 off asking to hit this margin.

All-in cost$17,767
Net resale$26,364
Projected profit$8,597
ROI+48.4%
Annualized+69.2%
Break-even resale$3,596/ac
Profit if resale lands off target
-20%
$3,324
-10%
$5,960
0%
$8,597
+10%
$11,233
+20%
$13,869
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-683254
Dirt · Off grid
5.3Jan 28, 2026$23,1004,3764,4722.0 mi
93
IN-103251
Dirt · Power at road
5.3Jul 27, 2026$32,3006,1225,21111.6 mi
89
IN-604326
Gravel · Power at road
11.5Nov 6, 2025$54,7004,7633,7833.0 mi
73
IN-925006
Gravel · Off grid
18.8Jul 27, 2026$136,3007,2546,9308.7 mi
68
IN-642047
Paved · Power at road
2.2Jun 4, 2025$21,1009,5866,0538.4 mi
62
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1946,2107.2 mi
60
Show adjustment detail for the top comp
  • Market time (7 mo)+2.3%

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.