Comparable sales & offer analysis
Parcel IN-916648
Montgomery County, IN · 61.73 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$541,100
Adjusted value
$494,772
Value range
$406,243–$583,302
Comp $/acre
$8,015/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.4% versus the adjusted value.
Offer position
Max allowable offer
$282,727
Offer $/acre
$4,580/ac
Projected profit
$148,432
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-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 8,616 | 91 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 5,741 | 82 |
| IN-956634 | 61.1 | Nov 10, 2024 | $395,800 | 6,477 | 9,545 | 76 |
| IN-766072 | 40.7 | Feb 8, 2026 | $274,600 | 6,751 | 7,506 | 76 |
| IN-605649 | 29.9 | Jul 27, 2026 | $218,300 | 7,292 | 8,773 | 73 |
| IN-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 7,348 | 70 |
| IN-738046 | 170.0 | Apr 21, 2026 | $963,800 | 5,671 | 8,724 | 68 |
| IN-875763 | 32.5 | Mar 6, 2025 | $276,900 | 8,516 | 6,584 | 65 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 10,760 | 63 |
| IN-555034 | 19.2 | Mar 7, 2025 | $152,300 | 7,943 | 6,612 | 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.