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Boone County, IN · Sold

IN-460238

2218 County Road 276

$11,900
$20,169/ac · 0.59 ac
Acreage0.59 ac
Price per acre$20,169/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedMar 26, 2025
Coordinates40.0892, -86.4951
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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
25
Low risk
Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope31.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

60 ft of deeded road frontage.

Power147 ft away

Power at or near the road.

Buildable area0.35 of 0.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,000
$8,280$9,720 · $15,254/ac on 0.59 ac
Asking vs estimate
+32.2%
Priced above the comp set

Weighted from 5 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 $11,900
Maximum allowable offer
$5,143
$8,717/ac · +30.0% target margin

You need $6,757 off asking to hit this margin.

All-in cost$5,580
Net resale$8,280
Projected profit$2,700
ROI+48.4%
Annualized+69.2%
Break-even resale$10,280/ac
Profit if resale lands off target
-20%
$1,044
-10%
$1,872
0%
$2,700
+10%
$3,528
+20%
$4,356
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-360347
Paved · Power at road
0.6Jul 3, 2026$12,50019,46716,5884.4 mi
86
IN-731212
Gravel · Power at road
1.2Jul 6, 2025$17,70014,77515,5626.9 mi
74
IN-171538
Dirt · Power at road
1.5Feb 3, 2026$19,20012,64315,1732.0 mi
71
IN-111686
Dirt · Off grid
1.7Jul 20, 2026$16,4009,61813,3497.0 mi
70
IN-711615
Landlocked · Full utilities
1.6Jun 21, 2024$18,50011,49215,2654.4 mi
59
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Market time (1 mo)+0.5%

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.