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Knox County, IN · Sold

IN-985116

2521 County Road 109

$145,400
$7,145/ac · 20.35 ac
Acreage20.35 ac
Price per acre$7,145/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 16, 2026
Coordinates38.6897, -87.3999
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
13
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,076 ft away

Service extension needed; get a utility quote.

Buildable area19.02 of 20.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$131,315
$108,723$153,907 · $6,453/ac on 20.35 ac
Asking vs estimate
+10.7%
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 $145,400
Maximum allowable offer
$75,037
$3,687/ac · +30.0% target margin

You need $70,363 off asking to hit this margin.

All-in cost$81,415
Net resale$120,809
Projected profit$39,394
ROI+48.4%
Annualized+69.2%
Break-even resale$4,349/ac
Profit if resale lands off target
-20%
$15,232
-10%
$27,313
0%
$39,394
+10%
$51,475
+20%
$63,556
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-925006
Gravel · Off grid
18.8Jul 27, 2026$136,3007,2547,1975.3 mi
89
IN-395477
Gravel · Off grid
26.4May 20, 2026$143,0005,4115,6684.3 mi
84
IN-735203
Dirt · Power at road
21.7Mar 16, 2026$129,0005,9536,0363.6 mi
83
IN-105084
Landlocked · Full utilities
19.9Nov 23, 2025$123,7006,2216,5493.5 mi
81
IN-565377
Gravel · Off grid
24.6Apr 8, 2025$174,3007,0907,6893.3 mi
79
IN-604326
Gravel · Power at road
11.5Nov 6, 2025$54,7004,7633,9284.7 mi
77
IN-416122
Gravel · Off grid
42.2Feb 5, 2026$259,6006,1567,0592.6 mi
76
IN-344759
Gravel · Off grid
15.7Nov 10, 2024$97,3006,1946,4506.7 mi
74
IN-875676
Landlocked · Full utilities
30.5Jun 22, 2025$215,4007,0558,0386.4 mi
74
IN-805887
Dirt · Power at road
35.6May 6, 2024$177,4004,9885,8781.1 mi
66
Show adjustment detail for the top comp
  • Tract size (18.79 ac → 20.35 ac)-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.