Comparable sales & offer analysis
Parcel IN-731212
Boone County, IN · 1.20 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$19,700
Adjusted value
$16,696
Value range
$13,119–$20,273
Comp $/acre
$13,913/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.0% versus the adjusted value.
Offer position
Max allowable offer
$9,541
Offer $/acre
$7,950/ac
Projected profit
$5,009
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-111686 | 1.7 | Jul 20, 2026 | $16,400 | 9,618 | 13,339 | 81 |
| IN-171538 | 1.5 | Feb 3, 2026 | $19,200 | 12,643 | 15,160 | 77 |
| IN-460238 | 0.6 | Feb 28, 2026 | $10,600 | 17,951 | 18,283 | 77 |
| IN-360347 | 0.6 | Jul 3, 2026 | $12,500 | 19,467 | 16,575 | 76 |
| IN-982501 | 3.1 | Apr 23, 2026 | $25,100 | 8,202 | 10,014 | 73 |
| IN-711615 | 1.6 | Jun 21, 2024 | $18,500 | 11,492 | 15,246 | 65 |
| IN-312711 | 3.6 | Oct 25, 2024 | $19,300 | 5,409 | 8,806 | 62 |
| IN-762779 | 3.7 | Mar 27, 2025 | $53,000 | 14,164 | 12,665 | 61 |
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.