Comparable sales & offer analysis
Parcel IN-455949
Boone County, IN · 37.21 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$262,900
Adjusted value
$221,717
Value range
$177,188–$266,247
Comp $/acre
$5,959/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.
Offer position
Max allowable offer
$126,696
Offer $/acre
$3,405/ac
Projected profit
$66,515
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-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 7,210 | 86 |
| IN-995656 | 30.1 | Jul 27, 2026 | $441,900 | 14,685 | 6,765 | 82 |
| IN-805101 | 20.1 | Jul 27, 2026 | $186,300 | 9,253 | 4,907 | 76 |
| IN-575862 | 34.9 | Nov 4, 2024 | $241,200 | 6,906 | 4,959 | 74 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 6,731 | 72 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 3,875 | 71 |
| IN-527479 | 112.7 | May 30, 2024 | $595,400 | 5,282 | 7,384 | 62 |
| IN-557612 | 124.1 | Feb 19, 2024 | $839,200 | 6,762 | 5,659 | 55 |
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.