Comparable sales & offer analysis
Parcel IN-171538
Boone County, IN · 1.52 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,400
Adjusted value
$18,757
Value range
$14,597–$22,916
Comp $/acre
$12,340/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.8% versus the adjusted value.
Offer position
Max allowable offer
$10,718
Offer $/acre
$7,051/ac
Projected profit
$5,627
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-111686 | 1.7 | Jul 20, 2026 | $16,400 | 9,618 | 11,434 | 84 |
| IN-711615 | 1.6 | Jun 21, 2024 | $18,500 | 11,492 | 13,069 | 76 |
| IN-360347 | 0.6 | Jul 3, 2026 | $12,500 | 19,467 | 14,208 | 74 |
| IN-731212 | 1.2 | Jul 6, 2025 | $17,700 | 14,775 | 13,327 | 74 |
| IN-982501 | 3.1 | Apr 23, 2026 | $25,100 | 8,202 | 8,584 | 71 |
| IN-460238 | 0.6 | Feb 28, 2026 | $10,600 | 17,951 | 15,672 | 71 |
| IN-762779 | 3.7 | Mar 27, 2025 | $53,000 | 14,164 | 10,856 | 67 |
| IN-312711 | 3.6 | Oct 25, 2024 | $19,300 | 5,409 | 7,548 | 63 |
| IN-403016 | 4.4 | Jul 4, 2024 | $74,900 | 16,879 | 16,344 | 61 |
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.