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Montgomery County, IN · Sold

IN-940027

6961 County Road 282

$2,400
$4,706/ac · 0.51 ac
Acreage0.51 ac
Price per acre$4,706/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJan 15, 2024
Coordinates40.1013, -86.8635
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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
53
Moderate risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope22.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,592 ft away

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

Buildable area0.30 of 0.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,102
$2,531$3,673 · $6,082/ac on 0.51 ac
Asking vs estimate
-22.6%
Priced below the comp set

Weighted from 7 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 $2,400
Maximum allowable offer
$1,773
$3,476/ac · +30.0% target margin

You need $627 off asking to hit this margin.

All-in cost$1,924
Net resale$2,854
Projected profit$930
ROI+48.4%
Annualized+69.2%
Break-even resale$4,100/ac
Profit if resale lands off target
-20%
$359
-10%
$645
0%
$930
+10%
$1,216
+20%
$1,501
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-750215
Dirt · Power at road
0.6Jan 24, 2026$5,8009,9386,8418.5 mi
77
IN-841852
Dirt · Off grid
1.9Jul 27, 2026$14,3007,4776,0118.6 mi
72
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4093,7953.2 mi
65
IN-511088
Gravel · Full utilities
1.1Mar 27, 2024$14,40013,0856,8634.6 mi
65
IN-322282
Landlocked · Off grid
2.6May 1, 2024$15,7006,0256,7471.5 mi
64
IN-411801
Landlocked · Off grid
1.8Oct 14, 2024$8,6004,6815,1122.9 mi
63
IN-932034
Gravel · Power at road
2.2Nov 10, 2024$24,80011,3607,1738.4 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.3%

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.