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Washington County, IN · Sold

IN-982328

7595 County Road 187

$21,100
$7,815/ac · 2.70 ac
Acreage2.70 ac
Price per acre$7,815/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedSep 2, 2025
Coordinates38.5924, -86.1888
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

218 ft of deeded road frontage.

Power114 ft away

Power at or near the road.

Buildable area2.38 of 2.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,382
$13,953$18,810 · $6,067/ac on 2.70 ac
Asking vs estimate
+28.8%
Priced above the comp set

Weighted from 9 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 $21,100
Maximum allowable offer
$9,361
$3,467/ac · +30.0% target margin

You need $11,739 off asking to hit this margin.

All-in cost$10,157
Net resale$15,071
Projected profit$4,914
ROI+48.4%
Annualized+69.2%
Break-even resale$4,089/ac
Profit if resale lands off target
-20%
$1,900
-10%
$3,407
0%
$4,914
+10%
$6,421
+20%
$7,929
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-941963
Dirt · Power at road
2.1Mar 14, 2026$15,7007,5817,6689.7 mi
84
IN-632229
Dirt · Off grid
2.5Jan 10, 2024$10,2004,0465,2704.5 mi
78
IN-603294
Gravel · Power at road
5.4Apr 16, 2026$31,2005,7305,1278.2 mi
76
IN-283597
Gravel · Power at road
6.8May 9, 2026$42,6006,2895,6795.4 mi
76
IN-132856
Paved · Power at road
4.0Oct 23, 2025$29,8007,5145,7324.0 mi
75
IN-552091
Dirt · Off grid
2.3Oct 30, 2024$11,8005,2026,5535.2 mi
74
IN-681083
Paved · Power at road
1.1May 14, 2025$10,5009,5877,2394.6 mi
70
IN-623922
Dirt · Full utilities
8.6Feb 21, 2026$59,5006,9456,1238.5 mi
66
IN-643063
Paved · Off grid
4.6Dec 2, 2024$24,6005,3515,0069.6 mi
63
Show adjustment detail for the top comp
  • Tract size (2.07 ac → 2.7 ac)-0.6%
  • Market time (5 mo)+1.8%

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.