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Allen County, IN · Sold

IN-630349

1930 County Road 137

$2,800
$4,375/ac · 0.64 ac
Acreage0.64 ac
Price per acre$4,375/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedDec 14, 2025
Coordinates41.0837, -85.0180
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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope13.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

186 ft of deeded road frontage.

Power10,554 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.48 of 0.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,837
$2,176$3,498 · $4,433/ac on 0.64 ac
Asking vs estimate
-1.3%
In line with 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 $2,800
Maximum allowable offer
$1,621
$2,533/ac · +30.0% target margin

You need $1,179 off asking to hit this margin.

All-in cost$1,759
Net resale$2,610
Projected profit$851
ROI+48.4%
Annualized+69.3%
Break-even resale$2,987/ac
Profit if resale lands off target
-20%
$329
-10%
$590
0%
$851
+10%
$1,112
+20%
$1,373
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-920237
Paved · Full utilities
0.6Jul 27, 2026$3,4005,7892,9441.6 mi
87
IN-370250
Dirt · Off grid
0.6Nov 29, 2024$2,0003,3923,6342.1 mi
85
IN-670840
Dirt · Off grid
0.9Mar 27, 2026$5,6006,0336,1495.4 mi
81
IN-210788
Dirt · Off grid
0.9Oct 27, 2025$4,3004,8555,0302.3 mi
80
IN-671254
Gravel · Power at road
1.2Jul 27, 2026$6,1004,9113,6206.4 mi
79
IN-330034
Gravel · Off grid
0.5Aug 29, 2024$2,4004,6854,3563.3 mi
77
IN-730319
Paved · Power at road
0.6Jun 23, 2024$3,8006,0804,1067.6 mi
72
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2243,8766.3 mi
70
IN-361233
Landlocked · Power at road
1.2Sep 7, 2024$6,5005,2956,1933.9 mi
64
IN-291673
Dirt · Off grid
1.7Dec 16, 2024$7,7004,5604,9316.8 mi
64
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Full utilities → Off grid)-30.3%

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.