← New search
Boone County, IN · Sold

IN-714183

129 County Road 45

$174,800
$16,889/ac · 10.35 ac
Acreage10.35 ac
Price per acre$16,889/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJul 9, 2024
Coordinates40.0412, -86.5709
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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power173 ft away

Power at or near the road.

Buildable area9.66 of 10.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$117,748
$91,079$144,418 · $11,377/ac on 10.35 ac
Asking vs estimate
+48.5%
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 $174,800
Maximum allowable offer
$67,285
$6,501/ac · +30.0% target margin

You need $107,515 off asking to hit this margin.

All-in cost$73,004
Net resale$108,329
Projected profit$35,324
ROI+48.4%
Annualized+69.2%
Break-even resale$7,667/ac
Profit if resale lands off target
-20%
$13,659
-10%
$24,491
0%
$35,324
+10%
$46,157
+20%
$56,990
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-734213
Dirt · Power at road
10.6Jul 11, 2026$106,90010,10611,8209.4 mi
84
IN-805101
Gravel · Power at road
20.1Jul 27, 2026$186,3009,2539,9403.5 mi
81
IN-995656
Gravel · Full utilities
30.1Jul 27, 2026$441,90014,68513,7033.8 mi
78
IN-982501
Gravel · Off grid
3.1Apr 23, 2026$25,1008,2029,1729.3 mi
71
IN-762779
Gravel · Full utilities
3.7Mar 27, 2025$53,00014,16411,6034.3 mi
64
IN-483531
Dirt · Full utilities
6.5Feb 24, 2024$64,4009,99010,1756.3 mi
63
IN-403016
Gravel · Power at road
4.4Jul 4, 2024$74,90016,87917,4717.4 mi
63
IN-575862
Dirt · Power at road
34.9Nov 4, 2024$241,2006,90610,0503.5 mi
61
IN-312711
Landlocked · Power at road
3.6Oct 25, 2024$19,3005,4098,06810.9 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (1 mo)+0.4%

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.