Comparable sales & offer analysis
Parcel IN-527479
Boone County, IN · 113 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$673,500
Adjusted value
$527,245
Value range
$410,606–$643,885
Comp $/acre
$4,678/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.7% versus the adjusted value.
Offer position
Max allowable offer
$301,283
Offer $/acre
$2,673/ac
Projected profit
$158,174
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| IN-917963 | 160.0 | Jul 27, 2026 | $1,172,700 | 7,328 | 6,364 | 78 |
| IN-455949 | 37.2 | Jul 27, 2026 | $255,300 | 6,860 | 5,403 | 75 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 3,029 | 73 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 5,261 | 71 |
| IN-107836 | 146.0 | Jul 25, 2025 | $861,400 | 5,901 | 3,810 | 69 |
| IN-219165 | 382.3 | Jul 27, 2026 | $1,876,400 | 4,908 | 3,981 | 69 |
| IN-557612 | 124.1 | Feb 19, 2024 | $839,200 | 6,762 | 4,425 | 69 |
| IN-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 5,635 | 67 |
| IN-575862 | 34.9 | Nov 4, 2024 | $241,200 | 6,906 | 3,877 | 57 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.