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Montgomery County, IN · Sold

IN-956634

5184 County Road 300

$394,600
$6,457/ac · 61.11 ac
Acreage61.11 ac
Price per acre$6,457/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedOct 15, 2024
Coordinates40.0844, -86.8577
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

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

5 items to verify before you offer.

Risk index
27
Low risk
Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,958 ft away

Service extension needed; get a utility quote.

Buildable area47.37 of 61.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$353,558
$296,426$410,691 · $5,786/ac on 61.11 ac
Asking vs estimate
+11.6%
Priced above 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 $394,600
Maximum allowable offer
$202,033
$3,306/ac · +30.0% target margin

You need $192,567 off asking to hit this margin.

All-in cost$219,206
Net resale$325,274
Projected profit$106,068
ROI+48.4%
Annualized+69.3%
Break-even resale$3,899/ac
Profit if resale lands off target
-20%
$41,013
-10%
$73,540
0%
$106,068
+10%
$138,595
+20%
$171,123
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-136573
Gravel · Off grid
58.5Jul 27, 2026$429,8007,3516,2763.5 mi
88
IN-605649
Dirt · Off grid
29.9Jul 27, 2026$218,3007,2926,3912.9 mi
85
IN-777002
Landlocked · Off grid
79.8Jul 27, 2026$248,0003,1094,1822.3 mi
85
IN-766072
Gravel · Off grid
40.7Feb 8, 2026$274,6006,7515,4694.0 mi
82
IN-916648
Gravel · Power at road
61.7Mar 27, 2025$443,7007,1885,5732.0 mi
78
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7955,3535.4 mi
71
IN-738046
Gravel · Off grid
170.0Apr 21, 2026$963,8005,6716,3567.8 mi
69
IN-257979
Gravel · Full utilities
161.9Aug 5, 2025$1,600,1009,8837,8407.8 mi
66
IN-555034
Dirt · Full utilities
19.2Mar 7, 2025$152,3007,9434,8181.8 mi
64
IN-627894
Landlocked · Off grid
152.2May 9, 2024$511,6003,3615,8128.2 mi
64
Show adjustment detail for the top comp
  • Tract size (58.47 ac → 61.11 ac)-0.9%
  • Access (Gravel → Dirt)-14.0%

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.