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Washington County, IN · Sold

IN-623922

6567 County Road 151

$60,000
$7,001/ac · 8.57 ac
Acreage8.57 ac
Price per acre$7,001/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedDec 10, 2025
Coordinates38.6605, -86.0572
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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

Washington County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Washington market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope19.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

675 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.43 of 8.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,051
$47,498$66,604 · $6,657/ac on 8.57 ac
Asking vs estimate
+5.2%
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 $60,000
Maximum allowable offer
$32,601
$3,804/ac · +30.0% target margin

You need $27,399 off asking to hit this margin.

All-in cost$35,372
Net resale$52,487
Projected profit$17,115
ROI+48.4%
Annualized+69.2%
Break-even resale$4,486/ac
Profit if resale lands off target
-20%
$6,617
-10%
$11,866
0%
$17,115
+10%
$22,363
+20%
$27,612
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-283597
Gravel · Power at road
6.8May 9, 2026$42,6006,2896,5727.4 mi
78
IN-603294
Gravel · Power at road
5.4Apr 16, 2026$31,2005,7305,9332.3 mi
77
IN-134852
Dirt · Off grid
16.8Jul 27, 2026$56,8003,3815,1745.8 mi
77
IN-345111
Landlocked · Power at road
20.3Jul 27, 2026$74,3003,6656,1684.1 mi
73
IN-982328
Dirt · Power at road
2.7Jul 27, 2026$17,3006,4167,4418.5 mi
70
IN-643063
Paved · Off grid
4.6Dec 2, 2024$24,6005,3515,7931.1 mi
68
IN-132856
Paved · Power at road
4.0Oct 23, 2025$29,8007,5146,6345.8 mi
67
IN-695399
Paved · Off grid
25.0May 3, 2026$135,4005,4206,42710.4 mi
65
IN-604516
Paved · Off grid
13.2May 31, 2024$84,9006,4457,63910.3 mi
62
IN-225597
Gravel · Off grid
28.8Feb 25, 2024$175,1006,0739,4713.8 mi
61
Show adjustment detail for the top comp
  • Tract size (6.77 ac → 8.57 ac)-1.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (3 mo)+1.1%

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.