Comparable sales & offer analysis
Parcel IN-995656
Boone County, IN · 30.09 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$426,100
Adjusted value
$403,116
Value range
$314,463–$491,769
Comp $/acre
$13,397/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.7% versus the adjusted value.
Offer position
Max allowable offer
$230,352
Offer $/acre
$7,655/ac
Projected profit
$120,935
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 | 15,126 | 82 |
| IN-805101 | 20.1 | Jul 27, 2026 | $186,300 | 9,253 | 10,736 | 82 |
| IN-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 15,773 | 78 |
| IN-575862 | 34.9 | Nov 4, 2024 | $241,200 | 6,906 | 10,850 | 70 |
| IN-714183 | 10.3 | May 10, 2025 | $166,100 | 16,044 | 18,246 | 69 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 14,725 | 67 |
| IN-734213 | 10.6 | Jul 11, 2026 | $106,900 | 10,106 | 12,766 | 66 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 8,477 | 63 |
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.