Comparable sales & offer analysis
Parcel IN-738046
Montgomery County, IN · 170 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$919,700
Adjusted value
$885,049
Value range
$701,518–$1,068,580
Comp $/acre
$5,207/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.9% versus the adjusted value.
Offer position
Max allowable offer
$505,742
Offer $/acre
$2,976/ac
Projected profit
$265,515
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-978537 | 242.6 | Jul 27, 2026 | $1,584,000 | 6,530 | 6,124 | 82 |
| IN-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 4,840 | 82 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 7,089 | 81 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 3,782 | 77 |
| IN-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 5,675 | 75 |
| IN-248730 | 279.0 | Oct 30, 2024 | $886,900 | 3,179 | 3,929 | 70 |
| IN-627894 | 152.2 | May 9, 2024 | $511,600 | 3,361 | 5,255 | 69 |
| IN-939077 | 358.7 | Apr 27, 2025 | $852,600 | 2,377 | 3,877 | 68 |
| IN-916648 | 61.7 | Mar 27, 2025 | $443,700 | 7,188 | 5,039 | 62 |
| IN-956634 | 61.1 | Nov 10, 2024 | $395,800 | 6,477 | 6,290 | 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.