Allen County, IN · Sold

IN-370250

7902 County Road 154

$2,100

$3,500/ac · 0.60 ac

Offer report Market this tract

Acreage0.60 ac

Price per acre$3,500/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedApr 27, 2024

Coordinates41.0571, -85.0392

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands33.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

71 ft of deeded road frontage.

Power7,936 ft away

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

Buildable area0.38 of 0.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,744

$2,133 – $3,354 · $4,573/ac on 0.60 ac

Asking vs estimate

-23.5%

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 $2,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,568

$2,613/ac · +30.0% target margin

You need $532 off asking to hit this margin.

All-in cost$1,701

Net resale$2,524

Projected profit$823

ROI+48.4%

Annualized+69.2%

Break-even resale$3,082/ac

Profit if resale lands off target

-20%

$318

-10%

$570

$823

+10%

$1,075

+20%

$1,328

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-630349 Dirt · Off grid	0.6	Jul 27, 2026	$2,800	4,305	4,316	2.1 mi	96
IN-920237 Paved · Full utilities	0.6	Jul 27, 2026	$3,400	5,789	2,946	3.6 mi	87
IN-670840 Dirt · Off grid	0.9	Mar 27, 2026	$5,600	6,033	6,151	5.6 mi	79
IN-210788 Dirt · Off grid	0.9	Oct 27, 2025	$4,300	4,855	5,032	4.0 mi	78
IN-671254 Gravel · Power at road	1.2	Jul 27, 2026	$6,100	4,911	3,622	7.1 mi	77
IN-330034 Gravel · Off grid	0.5	Aug 29, 2024	$2,400	4,685	4,358	5.4 mi	77
IN-730319 Paved · Power at road	0.6	Jun 23, 2024	$3,800	6,080	4,107	6.3 mi	72
IN-361233 Landlocked · Power at road	1.2	Sep 7, 2024	$6,500	5,295	6,195	2.8 mi	65
IN-291673 Dirt · Off grid	1.7	Dec 16, 2024	$7,700	4,560	4,933	8.3 mi	63

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV