IN-168151
5653 County Road 204
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Lawrence County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Lawrence market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $435,810 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-717017 Dirt · Off grid | 80.7 | Jul 5, 2026 | $500,200 | 6,202 | 6,908 | 0.9 mi | 80 |
| IN-337067 Landlocked · Power at road | 83.6 | Nov 26, 2025 | $366,300 | 4,380 | 5,424 | 3.6 mi | 75 |
| IN-659165 Dirt · Full utilities | 382.3 | Jul 27, 2026 | $2,061,900 | 5,394 | 6,361 | 3.7 mi | 75 |
| IN-387365 Gravel · Full utilities | 103.8 | Jan 28, 2026 | $1,033,200 | 9,955 | 7,189 | 4.8 mi | 75 |
| IN-499198 Gravel · Power at road | 391.5 | Jan 19, 2026 | $1,529,500 | 3,906 | 4,974 | 4.4 mi | 74 |
| IN-126509 Paved · Off grid | 55.8 | Jul 27, 2026 | $473,900 | 8,491 | 6,339 | 3.0 mi | 70 |
| IN-247409 Dirt · Off grid | 107.1 | Nov 24, 2025 | $512,100 | 4,780 | 5,849 | 7.8 mi | 69 |
| IN-676873 Landlocked · Power at road | 72.7 | Oct 21, 2025 | $528,700 | 7,276 | 8,757 | 4.4 mi | 68 |
Show adjustment detail for the top comp
- Tract size (80.65 ac → 183.39 ac)-19.0%
- Access (Dirt → Gravel)+16.3%
- Utilities (Off grid → Power at road)+17.6%
- Market time (1 mo)+0.5%
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.