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Montgomery County, IN · Sold

IN-841852

3940 County Road 135

$14,800
$7,749/ac · 1.91 ac
Acreage1.91 ac
Price per acre$7,749/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 17, 2026
Coordinates39.9778, -86.8845
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

248 ft of deeded road frontage.

Power3,050 ft away

Service extension needed; get a utility quote.

Buildable area1.50 of 1.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,426
$11,467$17,384 · $7,553/ac on 1.91 ac
Asking vs estimate
+2.6%
In line with the comp set

Weighted from 6 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 $14,800
Maximum allowable offer
$8,243
$4,316/ac · +30.0% target margin

You need $6,557 off asking to hit this margin.

All-in cost$8,944
Net resale$13,272
Projected profit$4,328
ROI+48.4%
Annualized+69.3%
Break-even resale$5,090/ac
Profit if resale lands off target
-20%
$1,674
-10%
$3,001
0%
$4,328
+10%
$5,655
+20%
$6,982
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-932034
Gravel · Power at road
2.2Nov 10, 2024$24,80011,3608,9434.4 mi
77
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4094,7316.5 mi
76
IN-411801
Landlocked · Off grid
1.8Oct 14, 2024$8,6004,6816,3726.8 mi
75
IN-322282
Landlocked · Off grid
2.6May 1, 2024$15,7006,0258,4117.2 mi
73
IN-750215
Dirt · Power at road
0.6Jan 24, 2026$5,8009,9388,5280.9 mi
70
IN-511088
Gravel · Full utilities
1.1Mar 27, 2024$14,40013,0858,55610.0 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (21 mo)+7.4%

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.