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Washington County, IN · Sold

IN-600477

9823 County Road 269

$5,500
$7,746/ac · 0.71 ac
Acreage0.71 ac
Price per acre$7,746/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedSep 21, 2025
Coordinates38.5699, -86.1292
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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope19.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

172 ft of deeded road frontage.

Power14,222 ft away

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

Buildable area0.54 of 0.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,525
$5,083$5,968 · $7,782/ac on 0.71 ac
Asking vs estimate
-0.5%
In line with the comp set

Weighted from 7 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 $5,500
Maximum allowable offer
$3,157
$4,447/ac · +30.0% target margin

You need $2,343 off asking to hit this margin.

All-in cost$3,425
Net resale$5,083
Projected profit$1,658
ROI+48.4%
Annualized+69.3%
Break-even resale$5,244/ac
Profit if resale lands off target
-20%
$641
-10%
$1,150
0%
$1,658
+10%
$2,166
+20%
$2,675
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-440470
Paved · Power at road
0.7Jul 17, 2026$7,70010,9537,9152.0 mi
92
IN-140252
Dirt · Power at road
0.6Jul 27, 2026$5,1008,4568,3664.3 mi
83
IN-880501
Paved · Power at road
0.7Sep 16, 2025$8,30011,4738,5823.6 mi
80
IN-560382
Landlocked · Power at road
0.7May 20, 2024$3,6005,5227,5489.1 mi
74
IN-681083
Paved · Power at road
1.1May 14, 2025$10,5009,5877,3003.4 mi
70
IN-941963
Dirt · Power at road
2.1Mar 14, 2026$15,7007,5817,7337.6 mi
65
IN-552091
Dirt · Off grid
2.3Oct 30, 2024$11,8005,2026,6085.0 mi
60
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • 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.