Comparable sales & offer analysis
Parcel IN-714183
Boone County, IN · 10.35 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$174,800
Adjusted value
$117,749
Value range
$91,080–$144,419
Comp $/acre
$11,377/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.5% versus the adjusted value.
Offer position
Max allowable offer
$67,285
Offer $/acre
$6,501/ac
Projected profit
$35,325
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-734213 | 10.6 | Jul 11, 2026 | $106,900 | 10,106 | 11,820 | 84 |
| IN-805101 | 20.1 | Jul 27, 2026 | $186,300 | 9,253 | 9,940 | 81 |
| IN-995656 | 30.1 | Jul 27, 2026 | $441,900 | 14,685 | 13,703 | 78 |
| IN-982501 | 3.1 | Apr 23, 2026 | $25,100 | 8,202 | 9,172 | 71 |
| IN-762779 | 3.7 | Mar 27, 2025 | $53,000 | 14,164 | 11,603 | 64 |
| IN-483531 | 6.5 | Feb 24, 2024 | $64,400 | 9,990 | 10,175 | 63 |
| IN-403016 | 4.4 | Jul 4, 2024 | $74,900 | 16,879 | 17,471 | 63 |
| IN-575862 | 34.9 | Nov 4, 2024 | $241,200 | 6,906 | 10,050 | 61 |
| IN-312711 | 3.6 | Oct 25, 2024 | $19,300 | 5,409 | 8,068 | 58 |
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.