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Washington County, IN · Sold

IN-757880

8285 County Road 244

$294,400
$1,954/ac · 151 ac
Acreage151 ac
Price per acre$1,954/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMar 5, 2025
Coordinates38.6843, -86.0382
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

2 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands8.0% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,132 ft away

Service extension needed; get a utility quote.

Buildable area131.71 of 150.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$352,797
$314,533 – $391,060 · $2,341/ac on 151 ac
Asking vs estimate
-16.6%
Priced below the comp set

Weighted from 5 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 $294,400
Maximum allowable offer
$201,598
$1,338/ac · +30.0% target margin

You need $92,802 off asking to hit this margin.

All-in cost$218,734
Net resale$324,573
Projected profit$105,839
ROI+48.4%
Annualized+69.2%
Break-even resale$1,578/ac
Profit if resale lands off target
-20%
$40,925
-10%
$73,382
0%
$105,839
+10%
$138,296
+20%
$170,754
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-697907
Gravel · Power at road
153.7Jul 27, 2026$569,3003,7042,1695.2 mi
84
IN-417296
Dirt · Off grid
98.7Jul 27, 2026$365,7003,7052,6497.3 mi
78
IN-986506
Paved · Off grid
55.7Nov 30, 2025$231,2004,1511,9519.3 mi
64
IN-296349
Gravel · Power at road
49.7May 12, 2024$254,5005,1212,5074.1 mi
57
IN-739345
Dirt · Power at road
435.5Aug 14, 2024$1,077,1002,4732,4527.6 mi
56
Show adjustment detail for the top comp
  • Tract size (153.68 ac → 150.7 ac)+0.5%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.8%

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.