Lawrence County, IN · Sold

IN-329942

5062 County Road 386

$1,841,400

$2,743/ac · 671 ac

Offer report Market this tract

Acreage671 ac

Price per acre$2,743/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedOct 9, 2024

Coordinates38.8271, -86.4599

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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

Low risk

Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,992 ft of deeded road frontage.

Power7,698 ft away

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

Buildable area598.74 of 671.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,026,825

$1,795,988 – $2,257,662 · $3,020/ac on 671 ac

Asking vs estimate

-9.1%

Priced below the comp set

Weighted from 8 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 $1,841,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,158,186

$1,726/ac · +30.0% target margin

You need $683,214 off asking to hit this margin.

All-in cost$1,256,632

Net resale$1,864,679

Projected profit$608,047

ROI+48.4%

Annualized+69.2%

Break-even resale$2,035/ac

Profit if resale lands off target

-20%

$235,111

-10%

$421,579

$608,047

+10%

$794,515

+20%

$980,983

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-659165 Dirt · Full utilities	382.3	Jul 27, 2026	$2,061,900	5,394	3,177	3.5 mi	80
IN-519936 Gravel · Full utilities	668.3	Oct 27, 2024	$2,915,300	4,362	2,808	4.5 mi	75
IN-168151 Gravel · Power at road	183.4	May 25, 2026	$1,102,700	6,013	3,032	0.2 mi	74
IN-717017 Dirt · Off grid	80.7	Jul 5, 2026	$500,200	6,202	3,451	1.0 mi	74
IN-499198 Gravel · Power at road	391.5	Jan 19, 2026	$1,529,500	3,906	2,485	4.2 mi	72
IN-337067 Landlocked · Power at road	83.6	Nov 26, 2025	$366,300	4,380	2,710	3.4 mi	63
IN-247409 Dirt · Off grid	107.1	Nov 24, 2025	$512,100	4,780	2,922	7.8 mi	61
IN-387365 Gravel · Full utilities	103.8	Jan 28, 2026	$1,033,200	9,955	3,591	4.7 mi	61

Show adjustment detail for the top comp

Tract size (382.29 ac → 671.2 ac)-15.6%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV