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Montgomery County, IN · Sold

IN-169374

1487 County Road 310

$1,994,100
$4,483/ac · 445 ac
Acreage445 ac
Price per acre$4,483/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedNov 7, 2024
Coordinates40.1176, -86.8312
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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
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power221 ft away

Power at or near the road.

Buildable area413.68 of 444.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,791,147
$1,421,641$2,160,652 · $4,027/ac on 445 ac
Asking vs estimate
+11.3%
Priced above 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 $1,994,100
Maximum allowable offer
$1,023,512
$2,301/ac · +30.0% target margin

You need $970,588 off asking to hit this margin.

All-in cost$1,110,511
Net resale$1,647,855
Projected profit$537,344
ROI+48.4%
Annualized+69.2%
Break-even resale$2,714/ac
Profit if resale lands off target
-20%
$207,773
-10%
$372,559
0%
$537,344
+10%
$702,130
+20%
$866,915
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-978537
Paved · Off grid
242.6Jul 27, 2026$1,584,0006,5304,6996.6 mi
75
IN-939077
Landlocked · Power at road
358.7Apr 27, 2025$852,6002,3772,9749.6 mi
72
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7953,7137.9 mi
71
IN-248730
Gravel · Off grid
279.0Oct 30, 2024$886,9003,1793,0154.1 mi
67
IN-738046
Gravel · Off grid
170.0Apr 21, 2026$963,8005,6714,4099.9 mi
66
IN-257979
Gravel · Full utilities
161.9Aug 5, 2025$1,600,1009,8835,43910.4 mi
64
IN-627894
Landlocked · Off grid
152.2May 9, 2024$511,6003,3614,0329.9 mi
59
Show adjustment detail for the top comp
  • Tract size (242.56 ac → 444.79 ac)-16.3%
  • Access (Paved → Dirt)-27.1%
  • 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.