That 85 does have the E4OD tranny.
That would be the ford AOD (automatic over drive 1980-1993),
not the E4OD (electronic 4 speed over drive 1989-1998?).
The AOD has no shared DNA with the E4OD at all and is based on the older FMX 3 speed auto where as the E4OD is based on the C6 3 speed auto.
The AOD is only available in the windsor small block bolt pattern (302, 351 and 300 six), although I heard a VERY rare 400 big block might have been made for some interceptors in the early 80s (never was confirmed).
The AOD uses only a throttle cable instead of a computer or vacuum modulator, has a very wide overdrive ratio, and is zero slip in 3rd and 4th gear.
Bad news is the gear spread isn't good for a diesel and can even be asking a lot for a 302 at anything under 75% throttle (ask me how I know
).
Its also not considered strong enough for a diesel or big block, but they can (like anything else) be built up and adapter kits are out there for the big blocks at least. Never knew of anyone that tried to adapt an AOD to a diesel and AFAIK there is no such kit for that application.
This isn't in character for me, but I would be tempted to go with a 5 speed for a cruiser like this. Since the rear ends are available with taller ratios than even 3.08/3.07, the only real advantage of the E4OD goes out the window. If money is no object, then I guess an E4OD could work, but that thing is a big fat transmission and I don't know if it can fit where a C6 or FMX came from.