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Boone County, IN · Sold

IN-995656

4021 County Road 353

$426,100
$14,161/ac · 30.09 ac
Acreage30.09 ac
Price per acre$14,161/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedSep 1, 2025
Coordinates39.9876, -86.5570
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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
28
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope20.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area17.17 of 30.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$400,904
$312,802$489,006 · $13,323/ac on 30.09 ac
Asking vs estimate
+6.3%
Priced above the comp set

Weighted from 8 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 $426,100
Maximum allowable offer
$229,088
$7,613/ac · +30.0% target margin

You need $197,012 off asking to hit this margin.

All-in cost$248,560
Net resale$368,832
Projected profit$120,271
ROI+48.4%
Annualized+69.2%
Break-even resale$8,979/ac
Profit if resale lands off target
-20%
$46,505
-10%
$83,388
0%
$120,271
+10%
$157,154
+20%
$194,037
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-455949
Landlocked · Off grid
37.2Jul 27, 2026$255,3006,86015,0423.5 mi
84
IN-805101
Gravel · Power at road
20.1Jul 27, 2026$186,3009,25310,6762.1 mi
83
IN-235928
Gravel · Off grid
36.6Feb 24, 2026$379,90010,36815,6877.9 mi
79
IN-575862
Dirt · Power at road
34.9Nov 4, 2024$241,2006,90610,7936.8 mi
71
IN-714183
Gravel · Power at road
10.3May 10, 2025$166,10016,04418,1493.8 mi
69
IN-366514
Gravel · Off grid
56.0Jul 29, 2025$488,2008,71414,6468.5 mi
68
IN-734213
Dirt · Power at road
10.6Jul 11, 2026$106,90010,10612,69511.3 mi
67
IN-336868
Landlocked · Power at road
72.4Aug 17, 2025$275,4003,8038,4316.1 mi
64
Show adjustment detail for the top comp
  • Tract size (37.21 ac → 30.09 ac)+3.6%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.