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Montgomery County, IN · Sold

IN-916648

9681 County Road 386

$541,100
$8,766/ac · 61.73 ac
Acreage61.73 ac
Price per acre$8,766/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedDec 11, 2024
Coordinates40.1088, -86.8769
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands18.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,020 ft of deeded road frontage.

Power99 ft away

Power at or near the road.

Buildable area48.03 of 61.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$492,026
$404,007$580,045 · $7,971/ac on 61.73 ac
Asking vs estimate
+10.0%
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 $541,100
Maximum allowable offer
$281,158
$4,555/ac · +30.0% target margin

You need $259,942 off asking to hit this margin.

All-in cost$305,056
Net resale$452,664
Projected profit$147,607
ROI+48.4%
Annualized+69.2%
Break-even resale$5,372/ac
Profit if resale lands off target
-20%
$57,075
-10%
$102,341
0%
$147,607
+10%
$192,874
+20%
$238,140
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-136573
Gravel · Off grid
58.5Jul 27, 2026$429,8007,3518,5684.0 mi
93
IN-777002
Landlocked · Off grid
79.8Jul 27, 2026$248,0003,1095,7092.2 mi
84
IN-766072
Gravel · Off grid
40.7Feb 8, 2026$274,6006,7517,4654.5 mi
77
IN-956634
Dirt · Off grid
61.1Nov 10, 2024$395,8006,4779,4952.0 mi
77
IN-605649
Dirt · Off grid
29.9Jul 27, 2026$218,3007,2928,7244.9 mi
74
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7957,3077.2 mi
72
IN-738046
Gravel · Off grid
170.0Apr 21, 2026$963,8005,6718,6767.5 mi
69
IN-875763
Gravel · Full utilities
32.5Mar 6, 2025$276,9008,5166,5499.5 mi
65
IN-257979
Gravel · Full utilities
161.9Aug 5, 2025$1,600,1009,88310,7028.5 mi
64
IN-555034
Dirt · Full utilities
19.2Mar 7, 2025$152,3007,9436,5773.8 mi
60
Show adjustment detail for the top comp
  • Tract size (58.47 ac → 61.73 ac)-1.2%
  • Utilities (Off grid → Power at road)+17.6%

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.