← New search
Grant County, IN · Sold

IN-744522

5527 County Road 135

$193,400
$14,618/ac · 13.23 ac
Acreage13.23 ac
Price per acre$14,618/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedDec 15, 2024
Coordinates40.5573, -85.7534
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

Grant County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Grant market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
21
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power24 ft away

Power at or near the road.

Buildable area11.41 of 13.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$221,713
$172,129$271,297 · $16,758/ac on 13.23 ac
Asking vs estimate
-12.8%
Priced below the comp set

Weighted from 7 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 $193,400
Maximum allowable offer
$126,693
$9,576/ac · +30.0% target margin

You need $66,707 off asking to hit this margin.

All-in cost$137,462
Net resale$203,976
Projected profit$66,514
ROI+48.4%
Annualized+69.2%
Break-even resale$11,294/ac
Profit if resale lands off target
-20%
$25,719
-10%
$46,116
0%
$66,514
+10%
$86,911
+20%
$107,309
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-344652
Paved · Power at road
14.5Dec 7, 2024$305,40021,00722,7135.1 mi
82
IN-543124
Paved · Power at road
4.8Jul 27, 2026$71,80014,91913,9504.4 mi
76
IN-664756
Gravel · Power at road
15.7Mar 13, 2025$146,8009,36511,9217.2 mi
73
IN-494195
Landlocked · Full utilities
10.4Jul 19, 2025$101,3009,70314,1197.8 mi
72
IN-593305
Dirt · Full utilities
5.5Jun 1, 2025$98,10017,90719,8631.1 mi
71
IN-464464
Dirt · Off grid
12.7Jun 17, 2024$109,2008,60915,09911.4 mi
69
IN-472902
Dirt · Full utilities
4.1Dec 30, 2024$71,60017,51619,50412.0 mi
59
Show adjustment detail for the top comp
  • Tract size (14.54 ac → 13.23 ac)+1.0%
  • Market time (20 mo)+7.1%

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.