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Knox County, IN · Sold

IN-619016

5545 County Road 244

$1,277,300
$3,722/ac · 343 ac
Acreage343 ac
Price per acre$3,722/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 4, 2024
Coordinates38.6642, -87.3234
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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
22
Low risk
Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,146 ft away

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

Buildable area298.31 of 343.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,034,045
$857,824$1,210,266 · $3,013/ac on 343 ac
Asking vs estimate
+23.5%
Priced above the comp set

Weighted from 5 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 $1,277,300
Maximum allowable offer
$590,883
$1,722/ac · +30.0% target margin

You need $686,417 off asking to hit this margin.

All-in cost$641,108
Net resale$951,322
Projected profit$310,214
ROI+48.4%
Annualized+69.2%
Break-even resale$2,031/ac
Profit if resale lands off target
-20%
$119,949
-10%
$215,081
0%
$310,214
+10%
$405,346
+20%
$500,478
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-538927
Paved · Off grid
321.8Jul 27, 2026$1,432,9004,4543,1928.6 mi
85
IN-418036
Dirt · Off grid
168.7Jul 5, 2026$754,7004,4733,6742.6 mi
81
IN-408227
Landlocked · Power at road
193.8May 1, 2026$595,6003,0742,8400.8 mi
77
IN-629699
Dirt · Off grid
562.9May 7, 2025$987,0001,7532,1420.9 mi
76
IN-416122
Gravel · Off grid
42.2Feb 5, 2026$259,6006,1563,1986.3 mi
60
Show adjustment detail for the top comp
  • Tract size (321.75 ac → 343.18 ac)-1.9%
  • 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.