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Washington County, IN · Sold

IN-695399

4905 County Road 254

$140,600
$5,629/ac · 24.98 ac
Acreage24.98 ac
Price per acre$5,629/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJan 19, 2026
Coordinates38.5324, -86.1591
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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
11
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

409 ft of deeded road frontage.

Power2,742 ft away

Service extension needed; get a utility quote.

Buildable area22.95 of 24.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$147,020
$119,611$174,429 · $5,886/ac on 24.98 ac
Asking vs estimate
-4.4%
In line with 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 $140,600
Maximum allowable offer
$84,012
$3,363/ac · +30.0% target margin

You need $56,588 off asking to hit this margin.

All-in cost$91,153
Net resale$135,259
Projected profit$44,106
ROI+48.4%
Annualized+69.2%
Break-even resale$3,966/ac
Profit if resale lands off target
-20%
$17,054
-10%
$30,580
0%
$44,106
+10%
$57,632
+20%
$71,157
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-345111
Landlocked · Power at road
20.3Jul 27, 2026$74,3003,6655,2647.0 mi
81
IN-375478
Paved · Power at road
26.4Jul 18, 2024$141,6005,3534,9896.9 mi
79
IN-134852
Dirt · Off grid
16.8Jul 27, 2026$56,8003,3814,4168.0 mi
79
IN-635717
Landlocked · Full utilities
31.4Dec 11, 2025$166,8005,3046,8347.3 mi
75
IN-986506
Paved · Off grid
55.7Nov 30, 2025$231,2004,1514,9274.3 mi
73
IN-225597
Gravel · Off grid
28.8Feb 25, 2024$175,1006,0738,0836.8 mi
71
IN-604516
Paved · Off grid
13.2May 31, 2024$84,9006,4456,5191.8 mi
69
IN-623922
Dirt · Full utilities
8.6Feb 21, 2026$59,5006,9456,04710.4 mi
63
IN-296349
Gravel · Power at road
49.7May 12, 2024$254,5005,1216,3348.4 mi
60
Show adjustment detail for the top comp
  • Tract size (20.27 ac → 24.98 ac)-2.8%
  • Access (Landlocked → Paved)+73.5%
  • 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.