Allen County, IN · Sold

IN-730319

8849 County Road 304

$3,800

$6,032/ac · 0.63 ac

Offer report Market this tract

Acreage0.63 ac

Price per acre$6,032/ac

ZoningAgricultural

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedJan 2, 2024

Coordinates41.0580, -85.1592

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope26.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

149 ft of deeded road frontage.

Power99 ft away

Power at or near the road.

Buildable area0.36 of 0.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$4,528

$3,482 – $5,574 · $7,188/ac on 0.63 ac

Asking vs estimate

-16.1%

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 $3,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$2,588

$4,107/ac · +30.0% target margin

You need $1,212 off asking to hit this margin.

All-in cost$2,808

Net resale$4,166

Projected profit$1,358

ROI+48.4%

Annualized+69.2%

Break-even resale$4,845/ac

Profit if resale lands off target

-20%

$525

-10%

$941

$1,358

+10%

$1,775

+20%

$2,191

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-920237 Paved · Full utilities	0.6	Jul 27, 2026	$3,400	5,789	4,753	8.1 mi	86
IN-630349 Dirt · Off grid	0.6	Jul 27, 2026	$2,800	4,305	6,965	7.6 mi	85
IN-671254 Gravel · Power at road	1.2	Jul 27, 2026	$6,100	4,911	5,845	6.6 mi	76
IN-670840 Dirt · Off grid	0.9	Mar 27, 2026	$5,600	6,033	9,927	4.6 mi	76
IN-902038 Paved · Off grid	2.2	Jul 27, 2026	$11,400	5,224	6,258	5.4 mi	76
IN-370250 Dirt · Off grid	0.6	Nov 29, 2024	$2,000	3,392	5,866	6.3 mi	73
IN-210788 Dirt · Off grid	0.9	Oct 27, 2025	$4,300	4,855	8,121	7.6 mi	72
IN-330034 Gravel · Off grid	0.5	Aug 29, 2024	$2,400	4,685	7,032	9.6 mi	67
IN-361233 Landlocked · Power at road	1.2	Sep 7, 2024	$6,500	5,295	9,997	3.7 mi	66
IN-291673 Dirt · Off grid	1.7	Dec 16, 2024	$7,700	4,560	7,961	9.5 mi	62

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV