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Montgomery County, IN · Sold

IN-932034

565 County Road 358

$29,800
$13,670/ac · 2.18 ac
Acreage2.18 ac
Price per acre$13,670/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedDec 24, 2023
Coordinates40.0043, -86.9600
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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope28.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

332 ft of deeded road frontage.

Power237 ft away

Power at or near the road.

Buildable area1.28 of 2.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,107
$17,236$24,977 · $9,682/ac on 2.18 ac
Asking vs estimate
+41.2%
Priced above the comp set

Weighted from 6 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 $29,800
Maximum allowable offer
$12,061
$5,533/ac · +30.0% target margin

You need $17,739 off asking to hit this margin.

All-in cost$13,086
Net resale$19,418
Projected profit$6,332
ROI+48.4%
Annualized+69.2%
Break-even resale$6,525/ac
Profit if resale lands off target
-20%
$2,448
-10%
$4,390
0%
$6,332
+10%
$8,274
+20%
$10,215
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-841852
Dirt · Off grid
1.9Jul 27, 2026$14,3007,47710,2244.4 mi
88
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4096,4545.3 mi
74
IN-322282
Landlocked · Off grid
2.6May 1, 2024$15,7006,02511,4767.4 mi
73
IN-411801
Landlocked · Off grid
1.8Oct 14, 2024$8,6004,6818,6945.7 mi
71
IN-511088
Gravel · Full utilities
1.1Mar 27, 2024$14,40013,08511,6737.6 mi
67
IN-873618
Dirt · Full utilities
6.9Nov 2, 2025$64,4009,3719,6379.4 mi
61
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • 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.