Allen County, IN · Sold

IN-354543

511 County Road 112

$60,600

$4,509/ac · 13.44 ac

Offer report Market this tract

Acreage13.44 ac

Price per acre$4,509/ac

ZoningRecreational

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedSep 2, 2024

Coordinates41.0861, -85.0162

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope18.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

299 ft of deeded road frontage.

Power8,454 ft away

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

Buildable area10.18 of 13.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$62,543

$47,657 – $77,430 · $4,654/ac on 13.44 ac

Asking vs estimate

-3.1%

In line with the comp set

Weighted from 8 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 $60,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$35,739

$2,659/ac · +30.0% target margin

You need $24,861 off asking to hit this margin.

All-in cost$38,777

Net resale$57,540

Projected profit$18,763

ROI+48.4%

Annualized+69.3%

Break-even resale$3,136/ac

Profit if resale lands off target

-20%

$7,255

-10%

$13,009

$18,763

+10%

$24,517

+20%

$30,271

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-614845 Landlocked · Power at road	16.7	Jul 27, 2026	$49,500	2,960	3,264	3.3 mi	83
IN-534085 Paved · Off grid	9.6	Jul 27, 2026	$83,400	8,652	6,137	5.6 mi	81
IN-103748 Dirt · Off grid	7.5	Jul 27, 2026	$50,000	6,622	6,335	4.5 mi	81
IN-385021 Dirt · Off grid	19.0	Mar 15, 2025	$62,100	3,268	3,599	6.0 mi	79
IN-135694 Dirt · Power at road	30.9	May 10, 2026	$160,900	5,203	4,983	4.7 mi	74
IN-413933 Landlocked · Off grid	8.6	Dec 29, 2025	$25,500	2,955	3,695	8.2 mi	73
IN-523589 Gravel · Power at road	6.7	Jul 27, 2026	$40,600	6,027	4,184	8.2 mi	73
IN-353080 Dirt · Power at road	4.7	Feb 4, 2026	$28,600	6,128	4,953	2.2 mi	71

Show adjustment detail for the top comp

Tract size (16.72 ac → 13.44 ac)+2.4%
Access (Landlocked → Dirt)+26.5%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV