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Washington County, IN · Sold

IN-643063

2956 County Road 372

$27,200
$5,913/ac · 4.60 ac
Acreage4.60 ac
Price per acre$5,913/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedDec 16, 2023
Coordinates38.6744, -86.0461
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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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope28.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

468 ft of deeded road frontage.

Power7,712 ft away

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

Buildable area2.63 of 4.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,151
$28,218$36,084 · $6,989/ac on 4.60 ac
Asking vs estimate
-15.4%
Priced below 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 $27,200
Maximum allowable offer
$18,372
$3,994/ac · +30.0% target margin

You need $8,828 off asking to hit this margin.

All-in cost$19,934
Net resale$29,579
Projected profit$9,645
ROI+48.4%
Annualized+69.3%
Break-even resale$4,710/ac
Profit if resale lands off target
-20%
$3,730
-10%
$6,687
0%
$9,645
+10%
$12,603
+20%
$15,561
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-603294
Gravel · Power at road
5.4Apr 16, 2026$31,2005,7305,8723.2 mi
81
IN-132856
Paved · Power at road
4.0Oct 23, 2025$29,8007,5146,5666.6 mi
78
IN-623922
Dirt · Full utilities
8.6Feb 21, 2026$59,5006,9457,0131.1 mi
75
IN-283597
Gravel · Power at road
6.8May 9, 2026$42,6006,2896,5058.5 mi
75
IN-982328
Dirt · Power at road
2.7Jul 27, 2026$17,3006,4167,3659.6 mi
74
IN-941963
Dirt · Power at road
2.1Mar 14, 2026$15,7007,5818,7833.0 mi
71
IN-632229
Dirt · Off grid
2.5Jan 10, 2024$10,2004,0466,0365.2 mi
64
IN-552091
Dirt · Off grid
2.3Oct 30, 2024$11,8005,2027,50613.4 mi
60
IN-604516
Paved · Off grid
13.2May 31, 2024$84,9006,4457,56111.5 mi
59
Show adjustment detail for the top comp
  • Tract size (5.44 ac → 4.6 ac)+0.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.4%

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.