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Washington County, IN · Sold

IN-629918

2062 County Road 315

$1,863,200
$2,825/ac · 660 ac
Acreage660 ac
Price per acre$2,825/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedApr 19, 2024
Coordinates38.6604, -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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power233 ft away

Power at or near the road.

Buildable area617.88 of 659.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,738,396
$1,468,536$2,008,256 · $2,635/ac on 660 ac
Asking vs estimate
+7.2%
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 $1,863,200
Maximum allowable offer
$993,369
$1,506/ac · +30.0% target margin

You need $869,831 off asking to hit this margin.

All-in cost$1,077,805
Net resale$1,599,324
Projected profit$521,519
ROI+48.4%
Annualized+69.2%
Break-even resale$1,776/ac
Profit if resale lands off target
-20%
$201,654
-10%
$361,586
0%
$521,519
+10%
$681,451
+20%
$841,384
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-669810
Gravel · Power at road
610.0Jan 4, 2024$1,719,1002,8183,0545.3 mi
75
IN-697907
Gravel · Power at road
153.7Jul 27, 2026$569,3003,7042,4314.5 mi
72
IN-739345
Dirt · Power at road
435.5Aug 14, 2024$1,077,1002,4732,7495.7 mi
68
IN-417296
Dirt · Off grid
98.7Jul 27, 2026$365,7003,7052,9695.6 mi
64
IN-757880
Landlocked · Off grid
150.7Dec 23, 2025$249,1001,6531,9131.9 mi
64
Show adjustment detail for the top comp
  • Tract size (609.99 ac → 659.63 ac)-2.4%
  • Market time (31 mo)+11.0%

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.