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Montgomery County, IN · Sold

IN-875763

4954 County Road 16

$303,900
$9,348/ac · 32.51 ac
Acreage32.51 ac
Price per acre$9,348/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJan 23, 2025
Coordinates39.9767, -86.9240
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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

3 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope26.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area18.98 of 32.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$333,723
$280,694$386,753 · $10,265/ac on 32.51 ac
Asking vs estimate
-8.9%
Priced below the comp set

Weighted from 9 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 $303,900
Maximum allowable offer
$190,699
$5,866/ac · +30.0% target margin

You need $113,201 off asking to hit this margin.

All-in cost$206,908
Net resale$307,026
Projected profit$100,117
ROI+48.4%
Annualized+69.2%
Break-even resale$6,918/ac
Profit if resale lands off target
-20%
$38,712
-10%
$69,415
0%
$100,117
+10%
$130,820
+20%
$161,522
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-605649
Dirt · Off grid
29.9Jul 27, 2026$218,3007,29212,0337.1 mi
83
IN-766072
Gravel · Off grid
40.7Feb 8, 2026$274,6006,75110,2965.3 mi
80
IN-136573
Gravel · Off grid
58.5Jul 27, 2026$429,8007,35111,8175.7 mi
78
IN-494387
Gravel · Power at road
12.0Mar 5, 2026$93,8007,8158,5532.2 mi
76
IN-704852
Dirt · Power at road
16.8Jul 27, 2026$120,4007,1629,28310.9 mi
76
IN-777002
Landlocked · Off grid
79.8Jul 27, 2026$248,0003,1097,87510.5 mi
73
IN-555034
Dirt · Full utilities
19.2Mar 7, 2025$152,3007,9439,0727.7 mi
68
IN-916648
Gravel · Power at road
61.7Mar 27, 2025$443,7007,18810,4929.5 mi
66
IN-956634
Dirt · Off grid
61.1Nov 10, 2024$395,8006,47713,0978.2 mi
62
Show adjustment detail for the top comp
  • Tract size (29.94 ac → 32.51 ac)-1.3%
  • 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.