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Montgomery County, IN · Sold

IN-494387

8718 County Road 216

$90,000
$7,500/ac · 12.00 ac
Acreage12.00 ac
Price per acre$7,500/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJan 6, 2025
Coordinates40.0085, -86.9180
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

450 ft of deeded road frontage.

Power90 ft away

Power at or near the road.

Buildable area10.33 of 12.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$110,144
$98,427$121,860 · $9,179/ac on 12.00 ac
Asking vs estimate
-18.3%
Priced below 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 $90,000
Maximum allowable offer
$62,939
$5,245/ac · +30.0% target margin

You need $27,061 off asking to hit this margin.

All-in cost$68,289
Net resale$101,332
Projected profit$33,043
ROI+48.4%
Annualized+69.3%
Break-even resale$6,186/ac
Profit if resale lands off target
-20%
$12,777
-10%
$22,910
0%
$33,043
+10%
$43,176
+20%
$53,310
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-704852
Dirt · Power at road
16.8Jul 27, 2026$120,4007,1628,6418.9 mi
84
IN-873618
Dirt · Full utilities
6.9Nov 2, 2025$64,4009,3718,8508.2 mi
73
IN-605649
Dirt · Off grid
29.9Jul 27, 2026$218,3007,29211,2025.5 mi
72
IN-875763
Gravel · Full utilities
32.5Mar 6, 2025$276,9008,5168,4092.2 mi
70
IN-766072
Gravel · Off grid
40.7Feb 8, 2026$274,6006,7519,5853.1 mi
69
IN-555034
Dirt · Full utilities
19.2Mar 7, 2025$152,3007,9438,4455.9 mi
67
Show adjustment detail for the top comp
  • Tract size (16.81 ac → 12 ac)+3.5%
  • Access (Dirt → Gravel)+16.3%

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.