← New search
Lawrence County, IN · Sold

IN-247409

9397 County Road 283

$614,800
$5,738/ac · 107 ac
Acreage107 ac
Price per acre$5,738/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 17, 2025
Coordinates38.8924, -86.5789
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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope19.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,628 ft of deeded road frontage.

Power3,008 ft away

Service extension needed; get a utility quote.

Buildable area83.91 of 107.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$602,905
$519,526$686,285 · $5,627/ac on 107 ac
Asking vs estimate
+2.0%
In line with the comp set

Weighted from 8 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 $614,800
Maximum allowable offer
$344,517
$3,216/ac · +30.0% target margin

You need $270,283 off asking to hit this margin.

All-in cost$373,801
Net resale$554,673
Projected profit$180,872
ROI+48.4%
Annualized+69.3%
Break-even resale$3,792/ac
Profit if resale lands off target
-20%
$69,937
-10%
$125,405
0%
$180,872
+10%
$236,339
+20%
$291,807
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-717017
Dirt · Off grid
80.7Jul 5, 2026$500,2006,2025,8186.9 mi
83
IN-126509
Paved · Off grid
55.8Jul 27, 2026$473,9008,4915,3389.9 mi
79
IN-366413
Dirt · Full utilities
52.1Jul 27, 2026$477,8009,1755,4364.1 mi
77
IN-387365
Gravel · Full utilities
103.8Jan 28, 2026$1,033,2009,9556,05412.4 mi
77
IN-337067
Landlocked · Power at road
83.6Nov 26, 2025$366,3004,3804,5687.9 mi
74
IN-676873
Landlocked · Power at road
72.7Oct 21, 2025$528,7007,2767,37411.1 mi
73
IN-168151
Gravel · Power at road
183.4May 25, 2026$1,102,7006,0135,1117.8 mi
73
IN-885991
Landlocked · Power at road
38.4Aug 23, 2025$224,5005,8535,2428.9 mi
61
Show adjustment detail for the top comp
  • Tract size (80.65 ac → 107.14 ac)-6.6%
  • 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.