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Montgomery County, IN · Sold

IN-257979

1922 County Road 71

$1,522,500
$9,403/ac · 162 ac
Acreage162 ac
Price per acre$9,403/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedSep 9, 2024
Coordinates40.0036, -86.9606
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

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope27.5%

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 area90.83 of 161.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,196,136
$990,626$1,401,647 · $7,388/ac on 162 ac
Asking vs estimate
+27.3%
Priced above the comp set

Weighted from 10 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 $1,522,500
Maximum allowable offer
$683,506
$4,222/ac · +30.0% target margin

You need $838,994 off asking to hit this margin.

All-in cost$741,604
Net resale$1,100,445
Projected profit$358,841
ROI+48.4%
Annualized+69.2%
Break-even resale$4,979/ac
Profit if resale lands off target
-20%
$138,752
-10%
$248,797
0%
$358,841
+10%
$468,886
+20%
$578,930
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-738046
Gravel · Off grid
170.0Apr 21, 2026$963,8005,6718,3584.0 mi
86
IN-838153
Dirt · Full utilities
183.7May 26, 2026$1,064,3005,7957,0395.2 mi
84
IN-978537
Paved · Off grid
242.6Jul 27, 2026$1,584,0006,5308,9077.2 mi
77
IN-627894
Landlocked · Off grid
152.2May 9, 2024$511,6003,3617,6439.3 mi
74
IN-136573
Gravel · Off grid
58.5Jul 27, 2026$429,8007,3518,2534.5 mi
74
IN-777002
Landlocked · Off grid
79.8Jul 27, 2026$248,0003,1095,50010.1 mi
71
IN-248730
Gravel · Off grid
279.0Oct 30, 2024$886,9003,1795,7156.8 mi
67
IN-939077
Landlocked · Power at road
358.7Apr 27, 2025$852,6002,3775,6382.7 mi
66
IN-956634
Dirt · Off grid
61.1Nov 10, 2024$395,8006,4779,1477.8 mi
63
IN-916648
Gravel · Power at road
61.7Mar 27, 2025$443,7007,1887,3288.5 mi
62
Show adjustment detail for the top comp
  • Tract size (169.96 ac → 161.91 ac)+1.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (4 mo)+1.3%

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.