Comparable sales & offer analysis
Parcel IN-557612
Boone County, IN · 124 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$948,300
Adjusted value
$1,031,477
Value range
$799,924–$1,263,029
Comp $/acre
$8,311/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.1% versus the adjusted value.
Offer position
Max allowable offer
$589,415
Offer $/acre
$4,749/ac
Projected profit
$309,443
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-107836 | 146.0 | Jul 25, 2025 | $861,400 | 5,901 | 6,465 | 84 |
| IN-917963 | 160.0 | Jul 27, 2026 | $1,172,700 | 7,328 | 10,803 | 82 |
| IN-336868 | 72.4 | Aug 17, 2025 | $275,400 | 3,803 | 5,140 | 72 |
| IN-366514 | 56.0 | Jul 29, 2025 | $488,200 | 8,714 | 8,929 | 70 |
| IN-219165 | 382.3 | Jul 27, 2026 | $1,876,400 | 4,908 | 6,757 | 70 |
| IN-527479 | 112.7 | May 30, 2024 | $595,400 | 5,282 | 9,796 | 69 |
| IN-455949 | 37.2 | Jul 27, 2026 | $255,300 | 6,860 | 9,172 | 67 |
| IN-235928 | 36.6 | Feb 24, 2026 | $379,900 | 10,368 | 9,565 | 66 |
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.