Washington County, IN · Sold

IN-552091

1067 County Road 151

$11,300

$4,978/ac · 2.27 ac

Offer report Market this tract

Acreage2.27 ac

Price per acre$4,978/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedDec 8, 2023

Coordinates38.5165, -86.1910

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,550 ft away

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

Buildable area1.99 of 2.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$12,802

$10,689 – $14,914 · $5,639/ac on 2.27 ac

Asking vs estimate

-11.7%

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 $11,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$7,315

$3,223/ac · +30.0% target margin

You need $3,985 off asking to hit this margin.

All-in cost$7,937

Net resale$11,777

Projected profit$3,841

ROI+48.4%

Annualized+69.3%

Break-even resale$3,800/ac

Profit if resale lands off target

-20%

$1,485

-10%

$2,663

$3,841

+10%

$5,018

+20%

$6,196

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-982328 Dirt · Power at road	2.7	Jul 27, 2026	$17,300	6,416	5,489	5.2 mi	86
IN-941963 Dirt · Power at road	2.1	Mar 14, 2026	$15,700	7,581	6,546	12.5 mi	79
IN-632229 Dirt · Off grid	2.5	Jan 10, 2024	$10,200	4,046	4,498	9.1 mi	73
IN-132856 Paved · Power at road	4.0	Oct 23, 2025	$29,800	7,514	4,893	9.2 mi	72
IN-600477 Gravel · Off grid	0.7	Jul 27, 2026	$4,700	6,592	5,592	5.0 mi	71
IN-440470 Paved · Power at road	0.7	Jul 17, 2026	$7,700	10,953	6,700	3.0 mi	70
IN-681083 Paved · Power at road	1.1	May 14, 2025	$10,500	9,587	6,179	1.8 mi	67
IN-283597 Gravel · Power at road	6.8	May 9, 2026	$42,600	6,289	4,848	5.8 mi	67
IN-603294 Gravel · Power at road	5.4	Apr 16, 2026	$31,200	5,730	4,376	11.1 mi	66
IN-880501 Paved · Power at road	0.7	Sep 16, 2025	$8,300	11,473	7,264	6.8 mi	66

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV