Comparable sales & offer analysis
Parcel IN-360347
Boone County, IN · 0.64 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,700
Adjusted value
$11,864
Value range
$10,597–$13,131
Comp $/acre
$18,538/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.0% versus the adjusted value.
Offer position
Max allowable offer
$6,780
Offer $/acre
$10,593/ac
Projected profit
$3,559
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-460238 | 0.6 | Feb 28, 2026 | $10,600 | 17,951 | 21,699 | 82 |
| IN-171538 | 1.5 | Feb 3, 2026 | $19,200 | 12,643 | 17,992 | 71 |
| IN-111686 | 1.7 | Jul 20, 2026 | $16,400 | 9,618 | 15,831 | 70 |
| IN-731212 | 1.2 | Jul 6, 2025 | $17,700 | 14,775 | 18,452 | 69 |
| IN-711615 | 1.6 | Jun 21, 2024 | $18,500 | 11,492 | 18,095 | 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.