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Allen County, IN · Sold

IN-353080

2892 County Road 274

$27,700
$5,944/ac · 4.66 ac
Acreage4.66 ac
Price per acre$5,944/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 16, 2026
Coordinates41.0676, -85.0509
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7 ft away

Power at or near the road.

Buildable area4.40 of 4.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,606
$22,304$36,909 · $6,353/ac on 4.66 ac
Asking vs estimate
-6.4%
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 $27,700
Maximum allowable offer
$16,918
$3,630/ac · +30.0% target margin

You need $10,782 off asking to hit this margin.

All-in cost$18,356
Net resale$27,238
Projected profit$8,882
ROI+48.4%
Annualized+69.2%
Break-even resale$4,282/ac
Profit if resale lands off target
-20%
$3,434
-10%
$6,158
0%
$8,882
+10%
$11,605
+20%
$14,329
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-523589
Gravel · Power at road
6.7Jul 27, 2026$40,6006,0275,2926.2 mi
80
IN-103748
Dirt · Off grid
7.5Jul 27, 2026$50,0006,6228,0114.5 mi
80
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8054,9214.9 mi
80
IN-534085
Paved · Off grid
9.6Jul 27, 2026$83,4008,6527,7614.5 mi
79
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2244,3845.7 mi
73
IN-752276
Landlocked · Power at road
2.6Jan 30, 2025$15,1005,8227,6883.7 mi
73
IN-413933
Landlocked · Off grid
8.6Dec 29, 2025$25,5002,9554,6737.2 mi
69
IN-552067
Landlocked · Power at road
2.2Nov 10, 2024$15,3006,8819,1325.4 mi
64
IN-354543
Dirt · Off grid
13.4Oct 15, 2024$60,7004,5136,1482.2 mi
64
IN-291673
Dirt · Off grid
1.7Dec 16, 2024$7,7004,5605,5777.5 mi
61
Show adjustment detail for the top comp
  • Tract size (6.73 ac → 4.66 ac)+1.9%
  • Access (Gravel → Dirt)-14.0%

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.