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White County, IN · Sold

IN-179892

3265 County Road 166

$3,147,700
$4,863/ac · 647 ac
Acreage647 ac
Price per acre$4,863/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedMay 19, 2024
Coordinates40.7617, -86.8750
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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

White County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View White market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,497 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area496.27 of 647.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,629,786
$2,183,087$3,076,484 · $4,063/ac on 647 ac
Asking vs estimate
+19.7%
Priced above 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 $3,147,700
Maximum allowable offer
$1,502,735
$2,321/ac · +30.0% target margin

You need $1,644,965 off asking to hit this margin.

All-in cost$1,630,467
Net resale$2,419,403
Projected profit$788,935
ROI+48.4%
Annualized+69.2%
Break-even resale$2,738/ac
Profit if resale lands off target
-20%
$305,055
-10%
$546,995
0%
$788,935
+10%
$1,030,876
+20%
$1,272,816
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-429832
Landlocked · Power at road
619.8Jul 27, 2026$1,426,0002,3014,8175.1 mi
85
IN-848478
Dirt · Full utilities
232.4Nov 14, 2025$934,6004,0214,2021.8 mi
69
IN-689145
Landlocked · Full utilities
376.8Jan 3, 2025$665,3001,7662,7804.8 mi
68
IN-359071
Landlocked · Power at road
357.1Apr 27, 2025$767,5002,1494,0126.9 mi
66
IN-188148
Dirt · Full utilities
183.0Dec 13, 2024$782,2004,2754,3351.7 mi
62
Show adjustment detail for the top comp
  • Tract size (619.79 ac → 647.32 ac)-1.3%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.