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Lawrence County, IN · Sold

IN-717017

4204 County Road 393

$562,000
$6,968/ac · 80.65 ac
Acreage80.65 ac
Price per acre$6,968/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJun 10, 2025
Coordinates38.8400, -86.4687
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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

1 item to verify before you offer.

Risk index
20
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,075 ft of deeded road frontage.

Power12,136 ft away

A long utility run — price in solar/off-grid instead.

Buildable area69.42 of 80.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$484,252
$411,188$557,315 · $6,004/ac on 80.65 ac
Asking vs estimate
+16.1%
Priced above 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 $562,000
Maximum allowable offer
$276,715
$3,431/ac · +30.0% target margin

You need $285,285 off asking to hit this margin.

All-in cost$300,236
Net resale$445,512
Projected profit$145,276
ROI+48.4%
Annualized+69.3%
Break-even resale$4,046/ac
Profit if resale lands off target
-20%
$56,173
-10%
$100,725
0%
$145,276
+10%
$189,827
+20%
$234,378
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-337067
Landlocked · Power at road
83.6Nov 26, 2025$366,3004,3804,8923.8 mi
85
IN-126509
Paved · Off grid
55.8Jul 27, 2026$473,9008,4915,7173.8 mi
83
IN-366413
Dirt · Full utilities
52.1Jul 27, 2026$477,8009,1755,8236.5 mi
80
IN-168151
Gravel · Power at road
183.4May 25, 2026$1,102,7006,0135,4750.9 mi
79
IN-247409
Dirt · Off grid
107.1Nov 24, 2025$512,1004,7805,2756.9 mi
78
IN-676873
Landlocked · Power at road
72.7Oct 21, 2025$528,7007,2767,8995.2 mi
77
IN-387365
Gravel · Full utilities
103.8Jan 28, 2026$1,033,2009,9556,4845.7 mi
76
IN-885991
Landlocked · Power at road
38.4Aug 23, 2025$224,5005,8535,6154.4 mi
71
IN-255669
Dirt · Power at road
30.4Jun 27, 2025$295,9009,7447,1483.9 mi
66
Show adjustment detail for the top comp
  • Tract size (83.63 ac → 80.65 ac)+0.9%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.0%

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.