Comparable sales & offer analysis
Parcel IN-805101
Boone County, IN · 20.13 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$177,900
Adjusted value
$248,182
Value range
$208,596–$287,768
Comp $/acre
$12,329/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.3% versus the adjusted value.
Offer position
Max allowable offer
$141,818
Offer $/acre
$7,045/ac
Projected profit
$74,455
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-995656 | 30.1 | Jul 27, 2026 | $441,900 | 14,685 | 12,784 | 83 |
| IN-455949 | 37.2 | Jul 27, 2026 | $255,300 | 6,860 | 13,066 | 77 |
| IN-734213 | 10.6 | Jul 11, 2026 | $106,900 | 10,106 | 11,027 | 74 |
| IN-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 13,626 | 74 |
| IN-714183 | 10.3 | May 10, 2025 | $166,100 | 16,044 | 15,765 | 72 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 12,722 | 70 |
| IN-575862 | 34.9 | Nov 4, 2024 | $241,200 | 6,906 | 9,376 | 67 |
| IN-483531 | 6.5 | Feb 24, 2024 | $64,400 | 9,990 | 9,492 | 60 |
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.