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Putnam County, IN · Sold

IN-641340

7349 County Road 296

$16,500
$12,500/ac · 1.32 ac
Acreage1.32 ac
Price per acre$12,500/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedAug 21, 2023
Coordinates39.7419, -86.7543
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

Putnam County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Putnam market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power176 ft away

Power at or near the road.

Buildable area1.24 of 1.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,877
$14,514$25,241 · $15,059/ac on 1.32 ac
Asking vs estimate
-17.0%
Priced below the comp set

Weighted from 4 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 $16,500
Maximum allowable offer
$11,359
$8,605/ac · +30.0% target margin

You need $5,141 off asking to hit this margin.

All-in cost$12,325
Net resale$18,287
Projected profit$5,963
ROI+48.4%
Annualized+69.2%
Break-even resale$10,149/ac
Profit if resale lands off target
-20%
$2,305
-10%
$4,134
0%
$5,963
+10%
$7,791
+20%
$9,620
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-280956
Paved · Off grid
1.0May 1, 2026$9,5009,51911,29910.6 mi
78
IN-550561
Dirt · Off grid
0.8Jul 27, 2026$5,5007,31711,7686.6 mi
75
IN-980456
Dirt · Power at road
0.7Nov 12, 2023$9,00012,83819,5329.7 mi
60
IN-722694
Landlocked · Off grid
3.5Mar 1, 2024$30,5008,65919,9329.0 mi
55
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.2%

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.