Comparable sales & offer analysis
Parcel IN-575862
Boone County, IN · 34.93 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$280,500
Adjusted value
$336,390
Value range
$270,358–$402,422
Comp $/acre
$9,630/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.6% versus the adjusted value.
Offer position
Max allowable offer
$192,223
Offer $/acre
$5,503/ac
Projected profit
$100,917
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-455949 | 37.2 | Jul 27, 2026 | $255,300 | 6,860 | 10,402 | 85 |
| IN-995656 | 30.1 | Jul 27, 2026 | $441,900 | 14,685 | 10,177 | 81 |
| IN-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 10,847 | 79 |
| IN-805101 | 20.1 | Jul 27, 2026 | $186,300 | 9,253 | 7,383 | 77 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 5,829 | 71 |
| IN-734213 | 10.6 | Jul 11, 2026 | $106,900 | 10,106 | 8,779 | 71 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 10,126 | 70 |
| IN-714183 | 10.3 | May 10, 2025 | $166,100 | 16,044 | 12,547 | 62 |
| IN-527479 | 112.7 | May 30, 2024 | $595,400 | 5,282 | 11,109 | 56 |
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.