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Grant County, IN · Sold

IN-593305

4503 County Road 50

$117,100
$21,369/ac · 5.48 ac
Acreage5.48 ac
Price per acre$21,369/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedJul 30, 2024
Coordinates40.5429, -85.7460
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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

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
14
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope5.0%

Gentle grade, straightforward to develop.

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 area4.90 of 5.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$81,642
$62,454$100,830 · $14,898/ac on 5.48 ac
Asking vs estimate
+43.4%
Priced above 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 $117,100
Maximum allowable offer
$46,653
$8,513/ac · +30.0% target margin

You need $70,447 off asking to hit this margin.

All-in cost$50,619
Net resale$75,111
Projected profit$24,492
ROI+48.4%
Annualized+69.2%
Break-even resale$10,040/ac
Profit if resale lands off target
-20%
$9,470
-10%
$16,981
0%
$24,492
+10%
$32,003
+20%
$39,515
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-543124
Paved · Power at road
4.8Jul 27, 2026$71,80014,91913,2133.9 mi
84
IN-472902
Dirt · Full utilities
4.1Dec 30, 2024$71,60017,51618,47411.1 mi
76
IN-744522
Paved · Power at road
13.2Feb 11, 2026$173,90013,14212,7131.1 mi
75
IN-262261
Dirt · Off grid
2.6Jul 27, 2026$19,6007,61910,6639.7 mi
74
IN-741927
Dirt · Full utilities
2.0Jul 17, 2024$36,00017,82918,7613.0 mi
69
IN-494195
Landlocked · Full utilities
10.4Jul 19, 2025$101,3009,70313,3736.7 mi
68
IN-344652
Paved · Power at road
14.5Dec 7, 2024$305,40021,00721,5144.2 mi
65
IN-464464
Dirt · Off grid
12.7Jun 17, 2024$109,2008,60914,30110.4 mi
60
IN-664756
Gravel · Power at road
15.7Mar 13, 2025$146,8009,36511,2917.2 mi
59
Show adjustment detail for the top comp
  • Tract size (4.81 ac → 5.48 ac)-0.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%

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.