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Lawrence County, IN · Sold

IN-190765

495 County Road 338

$17,800
$20,460/ac · 0.87 ac
Acreage0.87 ac
Price per acre$20,460/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 2, 2025
Coordinates38.9086, -86.5091
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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
18
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.80 of 0.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,983
$9,901$16,065 · $14,923/ac on 0.87 ac
Asking vs estimate
+37.1%
Priced above the comp set

Weighted from 4 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 $17,800
Maximum allowable offer
$7,419
$8,528/ac · +30.0% target margin

You need $10,381 off asking to hit this margin.

All-in cost$8,050
Net resale$11,944
Projected profit$3,895
ROI+48.4%
Annualized+69.2%
Break-even resale$10,057/ac
Profit if resale lands off target
-20%
$1,506
-10%
$2,700
0%
$3,895
+10%
$5,089
+20%
$6,284
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-872060
Landlocked · Off grid
2.2Aug 7, 2024$8,7003,9119,0813.9 mi
60
IN-703527
Gravel · Off grid
6.4Jan 5, 2025$68,90010,69317,2796.0 mi
59
IN-403115
Dirt · Off grid
4.8May 1, 2025$41,2008,60915,7372.3 mi
58
IN-434126
Dirt · Full utilities
9.9Nov 28, 2024$131,60013,25117,9358.8 mi
55
Show adjustment detail for the top comp
  • Tract size (2.22 ac → 0.87 ac)+1.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (24 mo)+8.5%

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.