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Lawrence County, IN · Sold

IN-255669

1232 County Road 380

$342,900
$11,291/ac · 30.37 ac
Acreage30.37 ac
Price per acre$11,291/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedNov 15, 2024
Coordinates38.8955, -86.4816
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
30
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope23.3%

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.

Power46 ft away

Power at or near the road.

Buildable area17.69 of 30.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$285,761
$237,618$333,904 · $9,409/ac on 30.37 ac
Asking vs estimate
+20.0%
Priced above the comp set

Weighted from 10 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 $342,900
Maximum allowable offer
$163,292
$5,377/ac · +30.0% target margin

You need $179,608 off asking to hit this margin.

All-in cost$177,172
Net resale$262,900
Projected profit$85,728
ROI+48.4%
Annualized+69.2%
Break-even resale$6,341/ac
Profit if resale lands off target
-20%
$33,148
-10%
$59,438
0%
$85,728
+10%
$112,019
+20%
$138,309
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-366413
Dirt · Full utilities
52.1Jul 27, 2026$477,8009,1758,3167.2 mi
82
IN-505088
Gravel · Off grid
19.9Jan 18, 2026$225,90011,33111,0495.1 mi
78
IN-885991
Landlocked · Power at road
38.4Aug 23, 2025$224,5005,8538,0198.0 mi
74
IN-717017
Dirt · Off grid
80.7Jul 5, 2026$500,2006,2028,9003.9 mi
74
IN-126509
Paved · Off grid
55.8Jul 27, 2026$473,9008,4918,1667.7 mi
74
IN-704664
Gravel · Full utilities
14.7Aug 24, 2024$257,50017,55012,1671.0 mi
70
IN-337067
Landlocked · Power at road
83.6Nov 26, 2025$366,3004,3806,9877.2 mi
66
IN-676873
Landlocked · Power at road
72.7Oct 21, 2025$528,7007,27611,2819.1 mi
65
IN-387365
Gravel · Full utilities
103.8Jan 28, 2026$1,033,2009,9559,2619.4 mi
62
IN-434126
Dirt · Full utilities
9.9Nov 28, 2024$131,60013,25110,2018.1 mi
60
Show adjustment detail for the top comp
  • Tract size (52.07 ac → 30.37 ac)+10.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.