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Montgomery County, IN · Sold

IN-738046

5420 County Road 55

$919,700
$5,411/ac · 170 ac
Acreage170 ac
Price per acre$5,411/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 26, 2025
Coordinates40.0530, -86.9985
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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

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

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,240 ft of deeded road frontage.

Power5,038 ft away

A long utility run — price in solar/off-grid instead.

Buildable area150.64 of 169.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$885,041
$701,511$1,068,570 · $5,207/ac on 170 ac
Asking vs estimate
+3.9%
In line with the comp set

Weighted from 10 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 $919,700
Maximum allowable offer
$505,737
$2,976/ac · +30.0% target margin

You need $413,963 off asking to hit this margin.

All-in cost$548,725
Net resale$814,237
Projected profit$265,513
ROI+48.4%
Annualized+69.3%
Break-even resale$3,509/ac
Profit if resale lands off target
-20%
$102,665
-10%
$184,089
0%
$265,513
+10%
$346,936
+20%
$428,360
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-978537
Paved · Off grid
242.6Jul 27, 2026$1,584,0006,5306,1244.4 mi
82
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7954,8407.9 mi
82
IN-257979
Gravel · Full utilities
161.9Aug 5, 2025$1,600,1009,8837,0894.0 mi
81
IN-777002
Landlocked · Off grid
79.8Jul 27, 2026$248,0003,1093,7829.6 mi
77
IN-136573
Gravel · Off grid
58.5Jul 27, 2026$429,8007,3515,6754.4 mi
75
IN-248730
Gravel · Off grid
279.0Oct 30, 2024$886,9003,1793,9297.5 mi
70
IN-627894
Landlocked · Off grid
152.2May 9, 2024$511,6003,3615,25512.3 mi
69
IN-939077
Landlocked · Power at road
358.7Apr 27, 2025$852,6002,3773,8776.2 mi
68
IN-916648
Gravel · Power at road
61.7Mar 27, 2025$443,7007,1885,0397.5 mi
62
IN-956634
Dirt · Off grid
61.1Nov 10, 2024$395,8006,4776,2907.8 mi
60
Show adjustment detail for the top comp
  • Tract size (242.56 ac → 169.96 ac)+10.4%
  • Access (Paved → Gravel)-15.3%

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.