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Allen County, IN · Sold

IN-385021

8536 County Road 388

$63,100
$3,321/ac · 19.00 ac
Acreage19.00 ac
Price per acre$3,321/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedFeb 25, 2025
Coordinates41.1680, -85.0516
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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope27.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,010 ft of deeded road frontage.

Power684 ft away

Power at or near the road.

Buildable area11.26 of 19.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$87,363
$67,524$107,202 · $4,598/ac on 19.00 ac
Asking vs estimate
-27.8%
Priced below 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 $63,100
Maximum allowable offer
$49,922
$2,627/ac · +30.0% target margin

You need $13,178 off asking to hit this margin.

All-in cost$54,165
Net resale$80,374
Projected profit$26,209
ROI+48.4%
Annualized+69.2%
Break-even resale$3,099/ac
Profit if resale lands off target
-20%
$10,134
-10%
$18,171
0%
$26,209
+10%
$34,246
+20%
$42,283
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-614845
Landlocked · Power at road
16.7Jul 27, 2026$49,5002,9603,1417.2 mi
82
IN-354543
Dirt · Off grid
13.4Oct 15, 2024$60,7004,5134,6776.0 mi
77
IN-135694
Dirt · Power at road
30.9May 10, 2026$160,9005,2034,7957.0 mi
77
IN-534085
Paved · Off grid
9.6Jul 27, 2026$83,4008,6525,9055.6 mi
76
IN-103748
Dirt · Off grid
7.5Jul 27, 2026$50,0006,6226,09510.5 mi
73
IN-413933
Landlocked · Off grid
8.6Dec 29, 2025$25,5002,9553,5566.4 mi
69
IN-523589
Gravel · Power at road
6.7Jul 27, 2026$40,6006,0274,02610.2 mi
67
Show adjustment detail for the top comp
  • Tract size (16.72 ac → 19 ac)-1.5%
  • Access (Landlocked → Dirt)+26.5%
  • 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.