Comparable sales & offer analysis
Parcel IN-483531
Boone County, IN · 6.45 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$68,400
Adjusted value
$84,893
Value range
$61,307–$108,478
Comp $/acre
$13,162/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.4% versus the adjusted value.
Offer position
Max allowable offer
$48,510
Offer $/acre
$7,521/ac
Projected profit
$25,468
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 | 12,883 | 79 |
| IN-805101 | 20.1 | Jul 27, 2026 | $186,300 | 9,253 | 10,835 | 72 |
| IN-982501 | 3.1 | Apr 23, 2026 | $25,100 | 8,202 | 9,997 | 71 |
| IN-762779 | 3.7 | Mar 27, 2025 | $53,000 | 14,164 | 12,643 | 70 |
| IN-312711 | 3.6 | Oct 25, 2024 | $19,300 | 5,409 | 8,791 | 69 |
| IN-403016 | 4.4 | Jul 4, 2024 | $74,900 | 16,879 | 19,035 | 68 |
| IN-714183 | 10.3 | May 10, 2025 | $166,100 | 16,044 | 18,413 | 67 |
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.