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Boone County, IN · Sold

IN-312711

6425 County Road 85

$23,200
$6,517/ac · 3.56 ac
Acreage3.56 ac
Price per acre$6,517/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedJan 3, 2024
Coordinates40.0948, -86.3777
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

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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power53 ft away

Power at or near the road.

Buildable area3.01 of 3.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,397
$26,817$39,977 · $9,381/ac on 3.56 ac
Asking vs estimate
-30.5%
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 $23,200
Maximum allowable offer
$19,084
$5,361/ac · +30.0% target margin

You need $4,116 off asking to hit this margin.

All-in cost$20,706
Net resale$30,725
Projected profit$10,019
ROI+48.4%
Annualized+69.2%
Break-even resale$6,322/ac
Profit if resale lands off target
-20%
$3,874
-10%
$6,946
0%
$10,019
+10%
$13,091
+20%
$16,164
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-982501
Gravel · Off grid
3.1Apr 23, 2026$25,1008,2026,6162.1 mi
83
IN-111686
Dirt · Off grid
1.7Jul 20, 2026$16,4009,6188,8122.5 mi
75
IN-762779
Gravel · Full utilities
3.7Mar 27, 2025$53,00014,1648,3696.8 mi
74
IN-734213
Dirt · Power at road
10.6Jul 11, 2026$106,90010,1068,5262.6 mi
73
IN-403016
Gravel · Power at road
4.4Jul 4, 2024$74,90016,87912,6024.1 mi
72
IN-171538
Dirt · Power at road
1.5Feb 3, 2026$19,20012,64310,0164.6 mi
70
IN-483531
Dirt · Full utilities
6.5Feb 24, 2024$64,4009,9907,3394.7 mi
67
IN-731212
Gravel · Power at road
1.2Jul 6, 2025$17,70014,77510,2732.9 mi
65
IN-711615
Landlocked · Full utilities
1.6Jun 21, 2024$18,50011,49210,0769.5 mi
61
IN-714183
Gravel · Power at road
10.3May 10, 2025$166,10016,04412,18910.9 mi
60
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.3%

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.