IN-291673
5118 County Road 392
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Allen County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Allen market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
176 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $3,016 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-902038 Paved · Off grid | 2.2 | Jul 27, 2026 | $11,400 | 5,224 | 3,835 | 4.3 mi | 88 |
| IN-671254 Gravel · Power at road | 1.2 | Jul 27, 2026 | $6,100 | 4,911 | 3,582 | 3.1 mi | 82 |
| IN-672426 Gravel · Power at road | 2.9 | Jul 27, 2026 | $16,800 | 5,805 | 4,305 | 2.9 mi | 78 |
| IN-670840 Dirt · Off grid | 0.9 | Mar 27, 2026 | $5,600 | 6,033 | 6,084 | 4.9 mi | 77 |
| IN-630349 Dirt · Off grid | 0.6 | Jul 27, 2026 | $2,800 | 4,305 | 4,269 | 6.8 mi | 75 |
| IN-210788 Dirt · Off grid | 0.9 | Oct 27, 2025 | $4,300 | 4,855 | 4,977 | 4.6 mi | 74 |
| IN-920237 Paved · Full utilities | 0.6 | Jul 27, 2026 | $3,400 | 5,789 | 2,913 | 5.3 mi | 70 |
| IN-353080 Dirt · Power at road | 4.7 | Feb 4, 2026 | $28,600 | 6,128 | 5,480 | 7.5 mi | 68 |
| IN-361233 Landlocked · Power at road | 1.2 | Sep 7, 2024 | $6,500 | 5,295 | 6,127 | 7.5 mi | 67 |
| IN-752276 Landlocked · Power at road | 2.6 | Jan 30, 2025 | $15,100 | 5,822 | 6,725 | 7.1 mi | 67 |
Show adjustment detail for the top comp
- Tract size (2.19 ac → 1.68 ac)+0.5%
- Access (Paved → Dirt)-27.1%
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.