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Grant County, IN · Sold

IN-871337

5476 County Road 175

$13,400
$10,152/ac · 1.32 ac
Acreage1.32 ac
Price per acre$10,152/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJun 24, 2024
Coordinates40.5905, -85.7081
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

142 ft of deeded road frontage.

Power101 ft away

Power at or near the road.

Buildable area1.20 of 1.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,174
$12,942$19,406 · $12,253/ac on 1.32 ac
Asking vs estimate
-17.2%
Priced below 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 $13,400
Maximum allowable offer
$9,242
$7,002/ac · +30.0% target margin

You need $4,158 off asking to hit this margin.

All-in cost$10,028
Net resale$14,880
Projected profit$4,853
ROI+48.4%
Annualized+69.3%
Break-even resale$8,257/ac
Profit if resale lands off target
-20%
$1,876
-10%
$3,365
0%
$4,853
+10%
$6,341
+20%
$7,829
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-140388
Dirt · Power at road
0.7Jul 27, 2026$8,40012,67112,61310.4 mi
80
IN-262261
Dirt · Off grid
2.6Jul 27, 2026$19,6007,6199,0969.3 mi
79
IN-230369
Dirt · Power at road
0.7Jul 27, 2026$6,0009,3049,26010.7 mi
76
IN-990685
Dirt · Power at road
0.8May 28, 2025$8,30010,16210,6278.5 mi
71
IN-970970
Dirt · Full utilities
1.0May 31, 2024$14,40014,23712,7126.8 mi
70
IN-321574
Paved · Off grid
1.6Aug 25, 2024$22,30014,32213,3308.0 mi
70
IN-741927
Dirt · Full utilities
2.0Jul 17, 2024$36,00017,82916,0046.1 mi
68
IN-472902
Dirt · Full utilities
4.1Dec 30, 2024$71,60017,51615,75912.1 mi
58
Show adjustment detail for the top comp
  • Tract size (0.66 ac → 1.32 ac)-0.7%

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.