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Allen County, IN · Sold

IN-413933

9368 County Road 252

$24,600
$2,847/ac · 8.64 ac
Acreage8.64 ac
Price per acre$2,847/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedSep 26, 2025
Coordinates41.1290, -85.1630
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
32
Moderate risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,058 ft away

Service extension needed; get a utility quote.

Buildable area7.69 of 8.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,410
$26,515$42,306 · $3,983/ac on 8.64 ac
Asking vs estimate
-28.5%
Priced below the comp set

Weighted from 9 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 $24,600
Maximum allowable offer
$19,663
$2,276/ac · +30.0% target margin

You need $4,937 off asking to hit this margin.

All-in cost$21,334
Net resale$31,657
Projected profit$10,323
ROI+48.4%
Annualized+69.3%
Break-even resale$2,684/ac
Profit if resale lands off target
-20%
$3,992
-10%
$7,157
0%
$10,323
+10%
$13,489
+20%
$16,655
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-534085
Paved · Off grid
9.6Jul 27, 2026$83,4008,6525,0382.7 mi
87
IN-103748
Dirt · Off grid
7.5Jul 27, 2026$50,0006,6225,20011.8 mi
86
IN-523589
Gravel · Power at road
6.7Jul 27, 2026$40,6006,0273,4355.5 mi
81
IN-614845
Landlocked · Power at road
16.7Jul 27, 2026$49,5002,9602,6806.4 mi
77
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8053,1944.5 mi
70
IN-353080
Dirt · Power at road
4.7Feb 4, 2026$28,6006,1284,0667.2 mi
70
IN-354543
Dirt · Off grid
13.4Oct 15, 2024$60,7004,5133,9918.2 mi
67
IN-385021
Dirt · Off grid
19.0Mar 15, 2025$62,1003,2682,9546.4 mi
65
IN-752276
Landlocked · Power at road
2.6Jan 30, 2025$15,1005,8224,9903.9 mi
63
Show adjustment detail for the top comp
  • Tract size (9.64 ac → 8.64 ac)+0.8%
  • Access (Paved → Landlocked)-42.4%

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.