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Knox County, IN · Sold

IN-875676

1020 County Road 38

$216,700
$7,098/ac · 30.53 ac
Acreage30.53 ac
Price per acre$7,098/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedJan 2, 2025
Coordinates38.7209, -87.5107
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
39
Moderate risk
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area26.45 of 30.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$179,567
$151,394$207,740 · $5,882/ac on 30.53 ac
Asking vs estimate
+20.7%
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 $216,700
Maximum allowable offer
$102,610
$3,361/ac · +30.0% target margin

You need $114,090 off asking to hit this margin.

All-in cost$111,332
Net resale$165,201
Projected profit$53,870
ROI+48.4%
Annualized+69.2%
Break-even resale$3,964/ac
Profit if resale lands off target
-20%
$20,829
-10%
$37,349
0%
$53,870
+10%
$70,390
+20%
$86,910
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-985116
Gravel · Off grid
20.4Jun 23, 2026$145,7007,1596,6286.4 mi
81
IN-395477
Gravel · Off grid
26.4May 20, 2026$143,0005,4115,2166.0 mi
81
IN-925006
Gravel · Off grid
18.8Jul 27, 2026$136,3007,2546,6232.4 mi
79
IN-105084
Landlocked · Full utilities
19.9Nov 23, 2025$123,7006,2216,0265.1 mi
77
IN-735203
Dirt · Power at road
21.7Mar 16, 2026$129,0005,9535,5545.1 mi
76
IN-416122
Gravel · Off grid
42.2Feb 5, 2026$259,6006,1566,4965.5 mi
75
IN-565377
Gravel · Off grid
24.6Apr 8, 2025$174,3007,0907,0757.3 mi
71
IN-805887
Dirt · Power at road
35.6May 6, 2024$177,4004,9885,4087.1 mi
69
IN-604326
Gravel · Power at road
11.5Nov 6, 2025$54,7004,7633,6158.0 mi
68
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1945,93512.5 mi
59
Show adjustment detail for the top comp
  • Tract size (20.35 ac → 30.53 ac)-5.7%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.