Comparable sales & offer analysis
Parcel IN-219165
Boone County, IN · 382 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,836,000
Adjusted value
$2,242,076
Value range
$1,641,235–$2,842,917
Comp $/acre
$5,865/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.1% versus the adjusted value.
Offer position
Max allowable offer
$1,281,186
Offer $/acre
$3,351/ac
Projected profit
$672,623
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-917963 | 160.0 | Jul 27, 2026 | $1,172,700 | 7,328 | 7,908 | 74 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 3,763 | 63 |
| IN-107836 | 146.0 | Jul 25, 2025 | $861,400 | 5,901 | 4,733 | 61 |
| IN-557612 | 124.1 | Feb 19, 2024 | $839,200 | 6,762 | 5,495 | 57 |
| IN-527479 | 112.7 | May 30, 2024 | $595,400 | 5,282 | 7,171 | 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.