← New search
Washington County, IN · Sold

IN-134852

5976 County Road 365

$62,800
$3,736/ac · 16.81 ac
Acreage16.81 ac
Price per acre$3,736/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 8, 2026
Coordinates38.6475, -86.1643
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

549 ft of deeded road frontage.

Power9,616 ft away

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

Buildable area13.32 of 16.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$75,751
$63,706$87,796 · $4,506/ac on 16.81 ac
Asking vs estimate
-17.1%
Priced below 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 $62,800
Maximum allowable offer
$43,286
$2,575/ac · +30.0% target margin

You need $19,514 off asking to hit this margin.

All-in cost$46,965
Net resale$69,691
Projected profit$22,726
ROI+48.4%
Annualized+69.3%
Break-even resale$3,037/ac
Profit if resale lands off target
-20%
$8,788
-10%
$15,757
0%
$22,726
+10%
$29,695
+20%
$36,664
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-345111
Landlocked · Power at road
20.3Jul 27, 2026$74,3003,6654,0396.2 mi
82
IN-635717
Landlocked · Full utilities
31.4Dec 11, 2025$166,8005,3045,2431.9 mi
77
IN-695399
Paved · Off grid
25.0May 3, 2026$135,4005,4204,2098.0 mi
77
IN-604516
Paved · Off grid
13.2May 31, 2024$84,9006,4455,0028.9 mi
73
IN-623922
Dirt · Full utilities
8.6Feb 21, 2026$59,5006,9454,6405.8 mi
73
IN-986506
Paved · Off grid
55.7Nov 30, 2025$231,2004,1513,7813.7 mi
71
IN-283597
Gravel · Power at road
6.8May 9, 2026$42,6006,2894,3047.0 mi
69
IN-375478
Paved · Power at road
26.4Jul 18, 2024$141,6005,3533,8281.4 mi
68
IN-603294
Gravel · Power at road
5.4Apr 16, 2026$31,2005,7303,8856.6 mi
66
IN-225597
Gravel · Off grid
28.8Feb 25, 2024$175,1006,0736,2025.3 mi
65
Show adjustment detail for the top comp
  • Tract size (20.27 ac → 16.81 ac)+2.3%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.