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Boone County, IN · Sold

IN-734213

1901 County Road 381

$110,000
$10,397/ac · 10.58 ac
Acreage10.58 ac
Price per acre$10,397/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJan 24, 2026
Coordinates40.1125, -86.4200
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
24
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope16.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power239 ft away

Power at or near the road.

Buildable area8.07 of 10.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,012
$82,478$139,545 · $10,493/ac on 10.58 ac
Asking vs estimate
-0.9%
In line with 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 $110,000
Maximum allowable offer
$63,435
$5,996/ac · +30.0% target margin

You need $46,565 off asking to hit this margin.

All-in cost$68,827
Net resale$102,131
Projected profit$33,304
ROI+48.4%
Annualized+69.3%
Break-even resale$7,071/ac
Profit if resale lands off target
-20%
$12,878
-10%
$23,091
0%
$33,304
+10%
$43,517
+20%
$53,730
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-714183
Gravel · Power at road
10.3May 10, 2025$166,10016,04414,5069.4 mi
76
IN-805101
Gravel · Power at road
20.1Jul 27, 2026$186,3009,2538,5339.3 mi
75
IN-235928
Gravel · Off grid
36.6Feb 24, 2026$379,90010,36812,5385.1 mi
69
IN-982501
Gravel · Off grid
3.1Apr 23, 2026$25,1008,2027,8743.2 mi
68
IN-483531
Dirt · Full utilities
6.5Feb 24, 2024$64,4009,9908,7343.2 mi
68
IN-995656
Gravel · Full utilities
30.1Jul 27, 2026$441,90014,68511,76311.3 mi
67
IN-403016
Gravel · Power at road
4.4Jul 4, 2024$74,90016,87914,9984.3 mi
62
IN-312711
Landlocked · Power at road
3.6Oct 25, 2024$19,3005,4096,9262.6 mi
62
IN-575862
Dirt · Power at road
34.9Nov 4, 2024$241,2006,9068,6276.4 mi
62
IN-762779
Gravel · Full utilities
3.7Mar 27, 2025$53,00014,1649,9605.8 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (15 mo)+5.3%

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.