← New search
Washington County, IN · Sold

IN-986506

7124 County Road 73

$267,000
$4,794/ac · 55.70 ac
Acreage55.70 ac
Price per acre$4,794/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedDec 10, 2024
Coordinates38.5946, -86.1677
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

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
26
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,774 ft away

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

Buildable area50.22 of 55.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,508
$226,422$332,595 · $5,018/ac on 55.70 ac
Asking vs estimate
-4.5%
In line with 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 $267,000
Maximum allowable offer
$159,719
$2,867/ac · +30.0% target margin

You need $107,281 off asking to hit this margin.

All-in cost$173,295
Net resale$257,148
Projected profit$83,852
ROI+48.4%
Annualized+69.2%
Break-even resale$3,382/ac
Profit if resale lands off target
-20%
$32,423
-10%
$58,138
0%
$83,852
+10%
$109,567
+20%
$135,282
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-417296
Dirt · Off grid
98.7Jul 27, 2026$365,7003,7055,8035.7 mi
78
IN-635717
Landlocked · Full utilities
31.4Dec 11, 2025$166,8005,3045,9293.1 mi
77
IN-134852
Dirt · Off grid
16.8Jul 27, 2026$56,8003,3813,8313.7 mi
76
IN-695399
Paved · Off grid
25.0May 3, 2026$135,4005,4204,7594.3 mi
76
IN-697907
Gravel · Power at road
153.7Jul 27, 2026$569,3003,7044,7526.5 mi
74
IN-296349
Gravel · Power at road
49.7May 12, 2024$254,5005,1215,4955.2 mi
71
IN-345111
Landlocked · Power at road
20.3Jul 27, 2026$74,3003,6654,5675.6 mi
71
IN-375478
Paved · Power at road
26.4Jul 18, 2024$141,6005,3534,3282.6 mi
66
IN-757880
Landlocked · Off grid
150.7Dec 23, 2025$249,1001,6533,7409.3 mi
66
IN-225597
Gravel · Off grid
28.8Feb 25, 2024$175,1006,0737,0134.8 mi
64
Show adjustment detail for the top comp
  • Tract size (98.72 ac → 55.7 ac)+13.9%
  • Access (Dirt → Paved)+37.2%

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.