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Lawrence County, IN · Sold

IN-337067

217 County Road 289

$411,600
$4,922/ac · 83.63 ac
Acreage83.63 ac
Price per acre$4,922/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedAug 16, 2025
Coordinates38.7929, -86.5062
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

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

1 item to verify before you offer.

Risk index
30
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power75 ft away

Power at or near the road.

Buildable area75.63 of 83.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$476,744
$414,060$539,429 · $5,701/ac on 83.63 ac
Asking vs estimate
-13.7%
Priced below the comp set

Weighted from 9 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 $411,600
Maximum allowable offer
$272,425
$3,258/ac · +30.0% target margin

You need $139,175 off asking to hit this margin.

All-in cost$295,581
Net resale$438,605
Projected profit$143,024
ROI+48.4%
Annualized+69.3%
Break-even resale$3,842/ac
Profit if resale lands off target
-20%
$55,303
-10%
$99,163
0%
$143,024
+10%
$186,884
+20%
$230,745
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-717017
Dirt · Off grid
80.7Jul 5, 2026$500,2006,2025,7473.8 mi
90
IN-676873
Landlocked · Power at road
72.7Oct 21, 2025$528,7007,2767,2853.5 mi
83
IN-126509
Paved · Off grid
55.8Jul 27, 2026$473,9008,4915,2732.8 mi
80
IN-168151
Gravel · Power at road
183.4May 25, 2026$1,102,7006,0135,0503.6 mi
79
IN-885991
Landlocked · Power at road
38.4Aug 23, 2025$224,5005,8535,1791.0 mi
79
IN-366413
Dirt · Full utilities
52.1Jul 27, 2026$477,8009,1755,3715.2 mi
77
IN-387365
Gravel · Full utilities
103.8Jan 28, 2026$1,033,2009,9555,9815.4 mi
77
IN-247409
Dirt · Off grid
107.1Nov 24, 2025$512,1004,7804,8667.9 mi
74
IN-255669
Dirt · Power at road
30.4Jun 27, 2025$295,9009,7446,5937.2 mi
63
Show adjustment detail for the top comp
  • Tract size (80.65 ac → 83.63 ac)-0.8%
  • Access (Dirt → Landlocked)-20.9%
  • 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.