Comparable sales & offer analysis
Parcel IN-107836
Boone County, IN · 146 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,019,400
Adjusted value
$1,151,186
Value range
$882,983–$1,419,390
Comp $/acre
$7,886/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.4% versus the adjusted value.
Offer position
Max allowable offer
$657,821
Offer $/acre
$4,507/ac
Projected profit
$345,356
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 | 10,354 | 84 |
| IN-557612 | 124.1 | Feb 19, 2024 | $839,200 | 6,762 | 7,195 | 79 |
| IN-219165 | 382.3 | Jul 27, 2026 | $1,876,400 | 4,908 | 6,476 | 68 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 4,927 | 67 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 8,558 | 66 |
| IN-527479 | 112.7 | May 30, 2024 | $595,400 | 5,282 | 9,389 | 64 |
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.