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Boone County, IN · Sold

IN-527479

6211 County Road 246

$673,500
$5,976/ac · 113 ac
Acreage113 ac
Price per acre$5,976/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedAug 29, 2023
Coordinates39.9855, -86.5210
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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

Boone County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Boone market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands7.8% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,092 ft away

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

Buildable area98.72 of 112.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$527,241
$410,603$643,879 · $4,678/ac on 113 ac
Asking vs estimate
+27.7%
Priced above the comp set

Weighted from 9 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 $673,500
Maximum allowable offer
$301,281
$2,673/ac · +30.0% target margin

You need $372,219 off asking to hit this margin.

All-in cost$326,890
Net resale$485,062
Projected profit$158,172
ROI+48.4%
Annualized+69.2%
Break-even resale$3,152/ac
Profit if resale lands off target
-20%
$61,160
-10%
$109,666
0%
$158,172
+10%
$206,678
+20%
$255,184
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-917963
Dirt · Off grid
160.0Jul 27, 2026$1,172,7007,3286,36410.3 mi
78
IN-455949
Landlocked · Off grid
37.2Jul 27, 2026$255,3006,8605,4034.1 mi
75
IN-336868
Landlocked · Power at road
72.4Aug 17, 2025$275,4003,8033,0296.0 mi
73
IN-366514
Gravel · Off grid
56.0Jul 29, 2025$488,2008,7145,2617.8 mi
71
IN-107836
Gravel · Power at road
146.0Jul 25, 2025$861,4005,9013,81011.3 mi
69
IN-219165
Paved · Off grid
382.3Jul 27, 2026$1,876,4004,9083,9818.2 mi
69
IN-557612
Gravel · Power at road
124.1Feb 19, 2024$839,2006,7624,4258.4 mi
69
IN-235928
Gravel · Off grid
36.6Feb 24, 2026$379,90010,3685,6356.3 mi
67
IN-575862
Dirt · Power at road
34.9Nov 4, 2024$241,2006,9063,8776.9 mi
57
Show adjustment detail for the top comp
  • Tract size (160.04 ac → 112.71 ac)+9.6%
  • Access (Dirt → Landlocked)-20.9%

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.