← New search
Montgomery County, IN · Sold

IN-322282

7145 County Road 105

$18,500
$7,088/ac · 2.61 ac
Acreage2.61 ac
Price per acre$7,088/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedApr 6, 2024
Coordinates40.0801, -86.8611
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

5 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,796 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.19 of 2.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,728
$11,891$17,565 · $5,643/ac on 2.61 ac
Asking vs estimate
+25.6%
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 $18,500
Maximum allowable offer
$8,416
$3,224/ac · +30.0% target margin

You need $10,084 off asking to hit this margin.

All-in cost$9,131
Net resale$13,550
Projected profit$4,418
ROI+48.4%
Annualized+69.2%
Break-even resale$3,803/ac
Profit if resale lands off target
-20%
$1,708
-10%
$3,063
0%
$4,418
+10%
$5,773
+20%
$7,128
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-841852
Dirt · Off grid
1.9Jul 27, 2026$14,3007,4775,8847.2 mi
86
IN-411801
Landlocked · Off grid
1.8Oct 14, 2024$8,6004,6815,0042.3 mi
75
IN-932034
Gravel · Power at road
2.2Nov 10, 2024$24,80011,3607,0227.4 mi
74
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4093,7152.5 mi
71
IN-873618
Dirt · Full utilities
6.9Nov 2, 2025$64,4009,3715,5462.8 mi
67
IN-511088
Gravel · Full utilities
1.1Mar 27, 2024$14,40013,0856,7185.2 mi
64
Show adjustment detail for the top comp
  • Tract size (1.91 ac → 2.61 ac)-0.7%
  • Access (Dirt → Landlocked)-20.9%

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.