← New search
Boone County, IN · Sold

IN-731212

6927 County Road 127

$19,700
$16,417/ac · 1.20 ac
Acreage1.20 ac
Price per acre$16,417/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedNov 16, 2024
Coordinates40.0534, -86.3729
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

97 ft of deeded road frontage.

Power225 ft away

Power at or near the road.

Buildable area1.13 of 1.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,608
$13,052$20,165 · $13,840/ac on 1.20 ac
Asking vs estimate
+18.6%
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 $19,700
Maximum allowable offer
$9,491
$7,909/ac · +30.0% target margin

You need $10,209 off asking to hit this margin.

All-in cost$10,298
Net resale$15,280
Projected profit$4,982
ROI+48.4%
Annualized+69.2%
Break-even resale$9,328/ac
Profit if resale lands off target
-20%
$1,926
-10%
$3,454
0%
$4,982
+10%
$6,510
+20%
$8,038
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-111686
Dirt · Off grid
1.7Jul 20, 2026$16,4009,61813,2650.5 mi
83
IN-171538
Dirt · Power at road
1.5Feb 3, 2026$19,20012,64315,0776.0 mi
78
IN-460238
Gravel · Power at road
0.6Feb 28, 2026$10,60017,95118,1836.9 mi
78
IN-360347
Paved · Power at road
0.6Jul 3, 2026$12,50019,46716,4834.8 mi
77
IN-982501
Gravel · Off grid
3.1Apr 23, 2026$25,1008,2029,9591.7 mi
74
IN-711615
Landlocked · Full utilities
1.6Jun 21, 2024$18,50011,49215,1688.9 mi
66
IN-312711
Landlocked · Power at road
3.6Oct 25, 2024$19,3005,4098,7602.9 mi
62
IN-762779
Gravel · Full utilities
3.7Mar 27, 2025$53,00014,16412,5986.2 mi
62
Show adjustment detail for the top comp
  • Tract size (1.7 ac → 1.2 ac)+0.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.