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Allen County, IN · Sold

IN-361233

8992 County Road 26

$6,100
$5,000/ac · 1.22 ac
Acreage1.22 ac
Price per acre$5,000/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedApr 28, 2024
Coordinates41.0695, -85.0896
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

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

View Allen market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
65
High risk
Wetlands41.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power79 ft away

Power at or near the road.

Buildable area0.68 of 1.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,583
$4,019$7,146 · $4,576/ac on 1.22 ac
Asking vs estimate
+9.3%
Priced above the comp set

Weighted from 10 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 $6,100
Maximum allowable offer
$3,190
$2,615/ac · +30.0% target margin

You need $2,910 off asking to hit this margin.

All-in cost$3,461
Net resale$5,136
Projected profit$1,675
ROI+48.4%
Annualized+69.3%
Break-even resale$3,084/ac
Profit if resale lands off target
-20%
$648
-10%
$1,161
0%
$1,675
+10%
$2,188
+20%
$2,702
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-671254
Gravel · Power at road
1.2Jul 27, 2026$6,1004,9113,3485.4 mi
87
IN-920237
Paved · Full utilities
0.6Jul 27, 2026$3,4005,7892,7234.5 mi
79
IN-670840
Dirt · Off grid
0.9Mar 27, 2026$5,6006,0335,6863.4 mi
79
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2243,5844.5 mi
76
IN-630349
Dirt · Off grid
0.6Jul 27, 2026$2,8004,3053,9893.9 mi
76
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8054,0234.6 mi
75
IN-210788
Dirt · Off grid
0.9Oct 27, 2025$4,3004,8554,6514.3 mi
74
IN-752276
Landlocked · Power at road
2.6Jan 30, 2025$15,1005,8226,2851.8 mi
71
IN-552067
Landlocked · Power at road
2.2Nov 10, 2024$15,3006,8817,4663.9 mi
70
IN-291673
Dirt · Off grid
1.7Dec 16, 2024$7,7004,5604,5607.5 mi
68
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%

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.