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Knox County, IN · Sold

IN-925006

200 County Road 172

$148,000
$7,877/ac · 18.79 ac
Acreage18.79 ac
Price per acre$7,877/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJul 10, 2026
Coordinates38.6884, -87.4978
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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands19.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,102 ft of deeded road frontage.

Power7,950 ft away

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

Buildable area14.39 of 18.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$120,856
$98,516$143,196 · $6,432/ac on 18.79 ac
Asking vs estimate
+22.5%
Priced above 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 $148,000
Maximum allowable offer
$69,061
$3,675/ac · +30.0% target margin

You need $78,939 off asking to hit this margin.

All-in cost$74,931
Net resale$111,188
Projected profit$36,257
ROI+48.4%
Annualized+69.2%
Break-even resale$4,335/ac
Profit if resale lands off target
-20%
$14,019
-10%
$25,138
0%
$36,257
+10%
$47,375
+20%
$58,494
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-985116
Gravel · Off grid
20.4Jun 23, 2026$145,7007,1597,2765.3 mi
88
IN-395477
Gravel · Off grid
26.4May 20, 2026$143,0005,4115,7263.8 mi
88
IN-735203
Dirt · Power at road
21.7Mar 16, 2026$129,0005,9536,0975.5 mi
79
IN-105084
Landlocked · Full utilities
19.9Nov 23, 2025$123,7006,2216,6165.4 mi
79
IN-565377
Gravel · Off grid
24.6Apr 8, 2025$174,3007,0907,7675.3 mi
77
IN-416122
Gravel · Off grid
42.2Feb 5, 2026$259,6006,1567,1315.4 mi
73
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1946,51510.7 mi
73
IN-604326
Gravel · Power at road
11.5Nov 6, 2025$54,7004,7633,9688.3 mi
72
IN-875676
Landlocked · Full utilities
30.5Jun 22, 2025$215,4007,0558,1192.4 mi
71
IN-213276
Dirt · Off grid
5.4Jun 13, 2026$25,0004,6464,9108.7 mi
67
Show adjustment detail for the top comp
  • Tract size (20.35 ac → 18.79 ac)+1.0%
  • Market time (2 mo)+0.6%

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.