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Montgomery County, IN · Sold

IN-511088

2797 County Road 64

$17,300
$15,727/ac · 1.10 ac
Acreage1.10 ac
Price per acre$15,727/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedDec 5, 2023
Coordinates40.1141, -86.9499
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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
23
Low risk
Wetlands14.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

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.

PowerOn site

Power at or near the road.

Buildable area0.89 of 1.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,458
$10,865$16,051 · $12,234/ac on 1.10 ac
Asking vs estimate
+28.6%
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 $17,300
Maximum allowable offer
$7,690
$6,991/ac · +30.0% target margin

You need $9,610 off asking to hit this margin.

All-in cost$8,344
Net resale$12,381
Projected profit$4,037
ROI+48.4%
Annualized+69.3%
Break-even resale$8,245/ac
Profit if resale lands off target
-20%
$1,561
-10%
$2,799
0%
$4,037
+10%
$5,276
+20%
$6,514
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-841852
Dirt · Off grid
1.9Jul 27, 2026$14,3007,47712,61110.0 mi
78
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4097,9603.8 mi
75
IN-932034
Gravel · Power at road
2.2Nov 10, 2024$24,80011,36015,0497.6 mi
69
IN-750215
Dirt · Power at road
0.6Jan 24, 2026$5,8009,93814,3519.5 mi
69
IN-411801
Landlocked · Off grid
1.8Oct 14, 2024$8,6004,68110,7233.7 mi
66
IN-940027
Landlocked · Off grid
0.5Mar 5, 2024$2,5004,82811,1714.6 mi
65
IN-322282
Landlocked · Off grid
2.6May 1, 2024$15,7006,02514,1555.2 mi
64
Show adjustment detail for the top comp
  • Tract size (1.91 ac → 1.1 ac)+0.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.