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Allen County, IN · Sold

IN-103748

809 County Road 55

$50,100
$6,636/ac · 7.55 ac
Acreage7.55 ac
Price per acre$6,636/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJun 19, 2026
Coordinates41.0255, -84.9839
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
22
Low risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,448 ft away

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

Buildable area6.79 of 7.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,660
$26,315$45,005 · $4,723/ac on 7.55 ac
Asking vs estimate
+40.5%
Priced above 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 $50,100
Maximum allowable offer
$20,377
$2,699/ac · +30.0% target margin

You need $29,723 off asking to hit this margin.

All-in cost$22,109
Net resale$32,807
Projected profit$10,698
ROI+48.4%
Annualized+69.2%
Break-even resale$3,183/ac
Profit if resale lands off target
-20%
$4,136
-10%
$7,417
0%
$10,698
+10%
$13,979
+20%
$17,259
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-523589
Gravel · Power at road
6.7Jul 27, 2026$40,6006,0274,3849.7 mi
82
IN-534085
Paved · Off grid
9.6Jul 27, 2026$83,4008,6526,4309.0 mi
81
IN-413933
Landlocked · Off grid
8.6Dec 29, 2025$25,5002,9553,87211.8 mi
81
IN-353080
Dirt · Power at road
4.7Feb 4, 2026$28,6006,1285,1904.5 mi
76
IN-614845
Landlocked · Power at road
16.7Jul 27, 2026$49,5002,9603,4205.4 mi
73
IN-354543
Dirt · Off grid
13.4Oct 15, 2024$60,7004,5135,0934.5 mi
70
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8054,0779.0 mi
69
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2243,63210.2 mi
68
IN-385021
Dirt · Off grid
19.0Mar 15, 2025$62,1003,2683,77110.5 mi
63
IN-552067
Landlocked · Power at road
2.2Nov 10, 2024$15,3006,8817,5658.2 mi
60
Show adjustment detail for the top comp
  • Tract size (6.73 ac → 7.55 ac)-0.7%
  • Access (Gravel → Dirt)-14.0%
  • 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.