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Montgomery County, IN · Sold

IN-411801

8639 County Road 82

$9,000
$4,891/ac · 1.84 ac
Acreage1.84 ac
Price per acre$4,891/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 13, 2024
Coordinates40.0743, -86.9043
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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

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,264 ft away

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

Buildable area1.64 of 1.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,167
$9,010$13,324 · $6,069/ac on 1.84 ac
Asking vs estimate
-19.4%
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 $9,000
Maximum allowable offer
$6,381
$3,468/ac · +30.0% target margin

You need $2,619 off asking to hit this margin.

All-in cost$6,923
Net resale$10,274
Projected profit$3,350
ROI+48.4%
Annualized+69.3%
Break-even resale$4,090/ac
Profit if resale lands off target
-20%
$1,296
-10%
$2,323
0%
$3,350
+10%
$4,378
+20%
$5,405
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-841852
Dirt · Off grid
1.9Jul 27, 2026$14,3007,4775,9306.8 mi
86
IN-181474
Dirt · Power at road
1.4Oct 27, 2025$7,8005,4093,7430.3 mi
84
IN-322282
Landlocked · Off grid
2.6May 1, 2024$15,7006,0256,6562.3 mi
73
IN-932034
Gravel · Power at road
2.2Nov 10, 2024$24,80011,3607,0765.7 mi
71
IN-750215
Dirt · Power at road
0.6Jan 24, 2026$5,8009,9386,7486.4 mi
69
IN-511088
Gravel · Full utilities
1.1Mar 27, 2024$14,40013,0856,7703.7 mi
65
Show adjustment detail for the top comp
  • 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.