← New search
Knox County, IN · Sold

IN-416122

7360 County Road 245

$312,000
$7,399/ac · 42.17 ac
Acreage42.17 ac
Price per acre$7,399/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJun 5, 2025
Coordinates38.7264, -87.4095
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
34
Moderate risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope29.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

951 ft of deeded road frontage.

Power7,040 ft away

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

Buildable area24.06 of 42.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$253,199
$223,763$282,635 · $6,004/ac on 42.17 ac
Asking vs estimate
+23.2%
Priced above the comp set

Weighted from 9 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 $312,000
Maximum allowable offer
$144,685
$3,431/ac · +30.0% target margin

You need $167,315 off asking to hit this margin.

All-in cost$156,983
Net resale$232,943
Projected profit$75,960
ROI+48.4%
Annualized+69.3%
Break-even resale$4,046/ac
Profit if resale lands off target
-20%
$29,371
-10%
$52,666
0%
$75,960
+10%
$99,254
+20%
$122,549
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-395477
Gravel · Off grid
26.4May 20, 2026$143,0005,4115,0526.1 mi
80
IN-985116
Gravel · Off grid
20.4Jun 23, 2026$145,7007,1596,4192.6 mi
79
IN-735203
Dirt · Power at road
21.7Mar 16, 2026$129,0005,9535,3801.0 mi
79
IN-925006
Gravel · Off grid
18.8Jul 27, 2026$136,3007,2546,4145.4 mi
77
IN-105084
Landlocked · Full utilities
19.9Nov 23, 2025$123,7006,2215,8371.0 mi
75
IN-565377
Gravel · Off grid
24.6Apr 8, 2025$174,3007,0906,8525.7 mi
71
IN-875676
Landlocked · Full utilities
30.5Jun 22, 2025$215,4007,0557,1635.5 mi
71
IN-805887
Dirt · Power at road
35.6May 6, 2024$177,4004,9885,2383.7 mi
71
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1945,7489.1 mi
62
Show adjustment detail for the top comp
  • Tract size (26.43 ac → 42.17 ac)-7.6%
  • 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.