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Allen County, IN · Sold

IN-671254

1867 County Road 198

$5,800
$4,677/ac · 1.24 ac
Acreage1.24 ac
Price per acre$4,677/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 8, 2025
Coordinates41.1456, -85.1095
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
13
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope12.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

88 ft of deeded road frontage.

Power80 ft away

Power at or near the road.

Buildable area0.94 of 1.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,741
$6,082$9,400 · $6,243/ac on 1.24 ac
Asking vs estimate
-25.1%
Priced below 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 $5,800
Maximum allowable offer
$4,423
$3,567/ac · +30.0% target margin

You need $1,377 off asking to hit this margin.

All-in cost$4,799
Net resale$7,122
Projected profit$2,323
ROI+48.4%
Annualized+69.3%
Break-even resale$4,207/ac
Profit if resale lands off target
-20%
$898
-10%
$1,611
0%
$2,323
+10%
$3,035
+20%
$3,747
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8055,9151.8 mi
84
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2245,2701.2 mi
79
IN-670840
Dirt · Off grid
0.9Mar 27, 2026$5,6006,0338,3592.1 mi
79
IN-630349
Dirt · Off grid
0.6Jul 27, 2026$2,8004,3055,8666.4 mi
79
IN-361233
Landlocked · Power at road
1.2Sep 7, 2024$6,5005,2958,4195.4 mi
76
IN-920237
Paved · Full utilities
0.6Jul 27, 2026$3,4005,7894,0035.4 mi
74
IN-210788
Dirt · Off grid
0.9Oct 27, 2025$4,3004,8556,8394.5 mi
74
IN-291673
Dirt · Off grid
1.7Dec 16, 2024$7,7004,5606,7043.1 mi
71
IN-330034
Gravel · Off grid
0.5Aug 29, 2024$2,4004,6855,9225.7 mi
67
IN-370250
Dirt · Off grid
0.6Nov 29, 2024$2,0003,3924,9407.1 mi
66
Show adjustment detail for the top comp
  • Tract size (2.9 ac → 1.24 ac)+1.7%

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.