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Lawrence County, IN · Sold

IN-403115

6672 County Road 311

$44,200
$9,247/ac · 4.78 ac
Acreage4.78 ac
Price per acre$9,247/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 17, 2025
Coordinates38.8889, -86.5437
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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope27.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,486 ft away

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

Buildable area2.83 of 4.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$48,192
$36,726$59,658 · $10,082/ac on 4.78 ac
Asking vs estimate
-8.3%
Priced below the comp set

Weighted from 6 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 $44,200
Maximum allowable offer
$27,538
$5,761/ac · +30.0% target margin

You need $16,662 off asking to hit this margin.

All-in cost$29,879
Net resale$44,336
Projected profit$14,458
ROI+48.4%
Annualized+69.3%
Break-even resale$6,794/ac
Profit if resale lands off target
-20%
$5,590
-10%
$10,024
0%
$14,458
+10%
$18,891
+20%
$23,325
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-703527
Gravel · Off grid
6.4Jan 5, 2025$68,90010,6939,9665.1 mi
72
IN-872060
Landlocked · Off grid
2.2Aug 7, 2024$8,7003,9115,2372.9 mi
69
IN-505088
Gravel · Off grid
19.9Jan 18, 2026$225,90011,33111,2043.3 mi
66
IN-434126
Dirt · Full utilities
9.9Nov 28, 2024$131,60013,25110,3447.6 mi
64
IN-190765
Gravel · Full utilities
0.9Nov 24, 2025$17,60020,25512,0372.3 mi
62
IN-704664
Gravel · Full utilities
14.7Aug 24, 2024$257,50017,55012,3384.1 mi
59
Show adjustment detail for the top comp
  • Tract size (6.44 ac → 4.78 ac)+1.5%
  • Access (Gravel → Dirt)-14.0%
  • Market time (19 mo)+6.8%

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.