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Boone County, IN · Sold

IN-917963

5952 County Road 79

$1,091,900
$6,823/ac · 160 ac
Acreage160 ac
Price per acre$6,823/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 3, 2026
Coordinates40.1332, -86.4977
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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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,043 ft of deeded road frontage.

Power14,474 ft away

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

Buildable area136.23 of 160.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$804,094
$638,839$969,348 · $5,024/ac on 160 ac
Asking vs estimate
+35.8%
Priced above the comp set

Weighted from 6 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 $1,091,900
Maximum allowable offer
$459,482
$2,871/ac · +30.0% target margin

You need $632,418 off asking to hit this margin.

All-in cost$498,538
Net resale$739,766
Projected profit$241,228
ROI+48.4%
Annualized+69.2%
Break-even resale$3,386/ac
Profit if resale lands off target
-20%
$93,275
-10%
$167,252
0%
$241,228
+10%
$315,205
+20%
$389,181
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-107836
Gravel · Power at road
146.0Jul 25, 2025$861,4005,9014,3963.9 mi
78
IN-219165
Paved · Off grid
382.3Jul 27, 2026$1,876,4004,9084,5934.1 mi
75
IN-557612
Gravel · Power at road
124.1Feb 19, 2024$839,2006,7625,1061.9 mi
70
IN-336868
Landlocked · Power at road
72.4Aug 17, 2025$275,4003,8033,4954.4 mi
66
IN-366514
Gravel · Off grid
56.0Jul 29, 2025$488,2008,7146,0713.1 mi
66
IN-527479
Landlocked · Off grid
112.7May 30, 2024$595,4005,2826,66210.3 mi
66
Show adjustment detail for the top comp
  • Tract size (145.97 ac → 160.04 ac)-2.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (13 mo)+4.4%

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.