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Lawrence County, IN · Sold

IN-434126

8495 County Road 186

$155,900
$15,700/ac · 9.93 ac
Acreage9.93 ac
Price per acre$15,700/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMar 18, 2024
Coordinates38.7816, -86.5152
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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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

697 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area9.24 of 9.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$144,358
$129,292$159,424 · $14,538/ac on 9.93 ac
Asking vs estimate
+8.0%
Priced above the comp set

Weighted from 5 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 $155,900
Maximum allowable offer
$82,490
$8,307/ac · +30.0% target margin

You need $73,410 off asking to hit this margin.

All-in cost$89,502
Net resale$132,809
Projected profit$43,308
ROI+48.4%
Annualized+69.3%
Break-even resale$9,797/ac
Profit if resale lands off target
-20%
$16,746
-10%
$30,027
0%
$43,308
+10%
$56,589
+20%
$69,870
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-703527
Gravel · Off grid
6.4Jan 5, 2025$68,90010,69313,6852.9 mi
74
IN-505088
Gravel · Off grid
19.9Jan 18, 2026$225,90011,33115,3874.4 mi
70
IN-704664
Gravel · Full utilities
14.7Aug 24, 2024$257,50017,55016,9449.0 mi
66
IN-403115
Dirt · Off grid
4.8May 1, 2025$41,2008,60912,4647.6 mi
66
IN-255669
Dirt · Power at road
30.4Jun 27, 2025$295,9009,74414,2168.1 mi
62
Show adjustment detail for the top comp
  • Tract size (6.44 ac → 9.93 ac)-2.9%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.