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Allen County, IN · Sold

IN-998048

6533 County Road 348

$779,200
$4,578/ac · 170 ac
Acreage170 ac
Price per acre$4,578/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedOct 14, 2024
Coordinates41.0040, -85.1217
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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

1 item to verify before you offer.

Risk index
18
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power195 ft away

Power at or near the road.

Buildable area151.19 of 170.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$817,636
$698,266$937,006 · $4,804/ac on 170 ac
Asking vs estimate
-4.7%
In line with the comp set

Weighted from 5 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 $779,200
Maximum allowable offer
$467,221
$2,745/ac · +30.0% target margin

You need $311,979 off asking to hit this margin.

All-in cost$506,935
Net resale$752,225
Projected profit$245,290
ROI+48.4%
Annualized+69.2%
Break-even resale$3,237/ac
Profit if resale lands off target
-20%
$94,845
-10%
$170,068
0%
$245,290
+10%
$320,513
+20%
$395,735
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-578083
Gravel · Full utilities
174.6Jul 27, 2026$955,0005,4705,3409.0 mi
83
IN-878022
Paved · Off grid
167.0Sep 5, 2025$736,3004,4085,3642.7 mi
83
IN-928633
Gravel · Power at road
260.0Jul 11, 2026$937,0003,6034,8071.4 mi
82
IN-779220
Gravel · Off grid
397.8Jul 21, 2026$765,1001,9233,4146.3 mi
72
IN-135694
Dirt · Power at road
30.9May 10, 2026$160,9005,2034,9335.0 mi
65
Show adjustment detail for the top comp
  • Tract size (174.58 ac → 170.21 ac)+0.7%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.