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Lawrence County, IN · Sold

IN-126509

1260 County Road 243

$446,700
$8,003/ac · 55.82 ac
Acreage55.82 ac
Price per acre$8,003/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedNov 4, 2025
Coordinates38.7862, -86.4545
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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

Lawrence County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Lawrence market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,580 ft of deeded road frontage.

Power3,694 ft away

Service extension needed; get a utility quote.

Buildable area47.73 of 55.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$519,414
$437,559$601,268 · $9,305/ac on 55.82 ac
Asking vs estimate
-14.0%
Priced below 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 $446,700
Maximum allowable offer
$296,808
$5,317/ac · +30.0% target margin

You need $149,892 off asking to hit this margin.

All-in cost$322,037
Net resale$477,861
Projected profit$155,824
ROI+48.4%
Annualized+69.2%
Break-even resale$6,271/ac
Profit if resale lands off target
-20%
$60,252
-10%
$108,038
0%
$155,824
+10%
$203,610
+20%
$251,396
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-366413
Dirt · Full utilities
52.1Jul 27, 2026$477,8009,1758,6667.9 mi
83
IN-717017
Dirt · Off grid
80.7Jul 5, 2026$500,2006,2029,2743.8 mi
82
IN-676873
Landlocked · Power at road
72.7Oct 21, 2025$528,7007,27611,7561.4 mi
82
IN-337067
Landlocked · Power at road
83.6Nov 26, 2025$366,3004,3807,2812.8 mi
74
IN-885991
Landlocked · Power at road
38.4Aug 23, 2025$224,5005,8538,3572.4 mi
74
IN-247409
Dirt · Off grid
107.1Nov 24, 2025$512,1004,7807,8529.9 mi
73
IN-387365
Gravel · Full utilities
103.8Jan 28, 2026$1,033,2009,9559,6502.7 mi
73
IN-168151
Gravel · Power at road
183.4May 25, 2026$1,102,7006,0138,1483.0 mi
69
IN-505088
Gravel · Off grid
19.9Jan 18, 2026$225,90011,33111,5146.1 mi
67
IN-255669
Dirt · Power at road
30.4Jun 27, 2025$295,9009,74410,6387.7 mi
66
Show adjustment detail for the top comp
  • Tract size (52.07 ac → 55.82 ac)-1.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.