Boone County, IN · Sold

IN-111686

8521 County Road 191

$16,600

$9,765/ac · 1.70 ac

Offer report Market this tract

Acreage1.70 ac

Price per acre$9,765/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedJul 21, 2025

Coordinates40.0590, -86.3685

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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

Low risk

Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope15.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

148 ft of deeded road frontage.

Power2,868 ft away

Service extension needed; get a utility quote.

Buildable area1.32 of 1.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$17,913

$13,936 – $21,890 · $10,537/ac on 1.70 ac

Asking vs estimate

-7.3%

Priced below 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 $16,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$10,236

$6,021/ac · +30.0% target margin

You need $6,364 off asking to hit this margin.

All-in cost$11,106

Net resale$16,480

Projected profit$5,374

ROI+48.4%

Annualized+69.2%

Break-even resale$7,101/ac

Profit if resale lands off target

-20%

$2,078

-10%

$3,726

$5,374

+10%

$7,022

+20%

$8,670

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-171538 Dirt · Power at road	1.5	Feb 3, 2026	$19,200	12,643	10,965	6.0 mi	82
IN-982501 Gravel · Off grid	3.1	Apr 23, 2026	$25,100	8,202	7,243	1.7 mi	78
IN-731212 Gravel · Power at road	1.2	Jul 6, 2025	$17,700	14,775	11,247	0.5 mi	75
IN-360347 Paved · Power at road	0.6	Jul 3, 2026	$12,500	19,467	11,988	4.6 mi	71
IN-711615 Landlocked · Full utilities	1.6	Jun 21, 2024	$18,500	11,492	11,032	9.2 mi	70
IN-460238 Gravel · Power at road	0.6	Feb 28, 2026	$10,600	17,951	13,224	7.0 mi	66
IN-403016 Gravel · Power at road	4.4	Jul 4, 2024	$74,900	16,879	13,796	3.4 mi	65
IN-312711 Landlocked · Power at road	3.6	Oct 25, 2024	$19,300	5,409	6,371	2.5 mi	64
IN-762779 Gravel · Full utilities	3.7	Mar 27, 2025	$53,000	14,164	9,162	6.5 mi	63

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
Market time (6 mo)+2.2%

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.

Build the listing kit Post a deal or JV