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Allen County, IN · Sold

IN-552067

3212 County Road 47

$14,300
$6,413/ac · 2.23 ac
Acreage2.23 ac
Price per acre$6,413/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMar 1, 2024
Coordinates41.0295, -85.1416
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

3 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope23.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power131 ft away

Power at or near the road.

Buildable area1.27 of 2.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,791
$8,418$13,165 · $4,839/ac on 2.23 ac
Asking vs estimate
+32.5%
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 $14,300
Maximum allowable offer
$6,167
$2,765/ac · +30.0% target margin

You need $8,133 off asking to hit this margin.

All-in cost$6,691
Net resale$9,928
Projected profit$3,237
ROI+48.4%
Annualized+69.2%
Break-even resale$3,261/ac
Profit if resale lands off target
-20%
$1,251
-10%
$2,244
0%
$3,237
+10%
$4,230
+20%
$5,223
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-902038
Paved · Off grid
2.2Jul 27, 2026$11,4005,2243,5487.0 mi
85
IN-672426
Gravel · Power at road
2.9Jul 27, 2026$16,8005,8053,9838.0 mi
81
IN-752276
Landlocked · Power at road
2.6Jan 30, 2025$15,1005,8226,2223.9 mi
78
IN-671254
Gravel · Power at road
1.2Jul 27, 2026$6,1004,9113,3148.2 mi
77
IN-523589
Gravel · Power at road
6.7Jul 27, 2026$40,6006,0274,2831.9 mi
74
IN-353080
Dirt · Power at road
4.7Feb 4, 2026$28,6006,1285,0705.4 mi
71
IN-103748
Dirt · Off grid
7.5Jul 27, 2026$50,0006,6226,4848.2 mi
71
IN-361233
Landlocked · Power at road
1.2Sep 7, 2024$6,5005,2955,6683.9 mi
69
IN-670840
Dirt · Off grid
0.9Mar 27, 2026$5,6006,0335,6286.1 mi
68
IN-210788
Dirt · Off grid
0.9Oct 27, 2025$4,3004,8554,6048.1 mi
68
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Power at road)+17.6%

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.