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Montgomery County, IN · Sold

IN-939077

9416 County Road 200

$803,600
$2,240/ac · 359 ac
Acreage359 ac
Price per acre$2,240/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedMar 23, 2025
Coordinates39.9926, -86.9113
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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
25
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power21 ft away

Power at or near the road.

Buildable area334.61 of 358.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,301,858
$1,080,719$1,522,997 · $3,630/ac on 359 ac
Asking vs estimate
-38.3%
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 $803,600
Maximum allowable offer
$743,919
$2,074/ac · +30.0% target margin

You need $59,681 off asking to hit this margin.

All-in cost$807,152
Net resale$1,197,709
Projected profit$390,557
ROI+48.4%
Annualized+69.2%
Break-even resale$2,446/ac
Profit if resale lands off target
-20%
$151,015
-10%
$270,786
0%
$390,557
+10%
$510,328
+20%
$630,099
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-978537
Paved · Off grid
242.6Jul 27, 2026$1,584,0006,5303,9618.3 mi
77
IN-738046
Gravel · Off grid
170.0Apr 21, 2026$963,8005,6713,7176.2 mi
75
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7953,1302.7 mi
75
IN-169374
Dirt · Power at road
444.8Nov 22, 2024$2,002,1004,5014,0709.6 mi
71
IN-248730
Gravel · Off grid
279.0Oct 30, 2024$886,9003,1792,5415.6 mi
70
IN-257979
Gravel · Full utilities
161.9Aug 5, 2025$1,600,1009,8834,5852.7 mi
67
IN-627894
Landlocked · Off grid
152.2May 9, 2024$511,6003,3613,3996.6 mi
61
Show adjustment detail for the top comp
  • Tract size (242.56 ac → 358.68 ac)-10.7%
  • Access (Paved → Landlocked)-42.4%
  • 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.