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White County, IN · Sold

IN-429832

5825 County Road 183

$1,543,300
$2,490/ac · 620 ac
Acreage620 ac
Price per acre$2,490/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJun 25, 2026
Coordinates40.8339, -86.8949
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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
40
Moderate risk
Wetlands0.9% 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 accessLandlocked

No legal access of record — resale is severely limited.

Power239 ft away

Power at or near the road.

Buildable area491.37 of 619.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,171,633
$989,035$1,354,230 · $1,890/ac on 620 ac
Asking vs estimate
+31.7%
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 $1,543,300
Maximum allowable offer
$669,504
$1,080/ac · +30.0% target margin

You need $873,796 off asking to hit this margin.

All-in cost$726,412
Net resale$1,077,902
Projected profit$351,490
ROI+48.4%
Annualized+69.2%
Break-even resale$1,274/ac
Profit if resale lands off target
-20%
$135,910
-10%
$243,700
0%
$351,490
+10%
$459,280
+20%
$567,071
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-179892
Paved · Full utilities
647.3Jul 19, 2024$2,656,7004,1042,1365.1 mi
73
IN-689145
Landlocked · Full utilities
376.8Jan 3, 2025$665,3001,7661,3306.9 mi
69
IN-359071
Landlocked · Power at road
357.1Apr 27, 2025$767,5002,1491,92011.2 mi
68
IN-848478
Dirt · Full utilities
232.4Nov 14, 2025$934,6004,0212,0114.5 mi
66
IN-188148
Dirt · Full utilities
183.0Dec 13, 2024$782,2004,2752,0756.4 mi
57
Show adjustment detail for the top comp
  • Tract size (647.32 ac → 619.79 ac)+1.3%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (25 mo)+8.7%

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.