Comparable sales & offer analysis
Parcel IN-940027
Montgomery County, IN · 0.51 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,400
Adjusted value
$3,119
Value range
$2,545–$3,693
Comp $/acre
$6,116/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.1% versus the adjusted value.
Offer position
Max allowable offer
$1,782
Offer $/acre
$3,495/ac
Projected profit
$936
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-750215 | 0.6 | Jan 24, 2026 | $5,800 | 9,938 | 6,878 | 76 |
| IN-841852 | 1.9 | Jul 27, 2026 | $14,300 | 7,477 | 6,045 | 71 |
| IN-511088 | 1.1 | Mar 27, 2024 | $14,400 | 13,085 | 6,898 | 65 |
| IN-181474 | 1.4 | Oct 27, 2025 | $7,800 | 5,409 | 3,815 | 65 |
| IN-322282 | 2.6 | May 1, 2024 | $15,700 | 6,025 | 6,782 | 64 |
| IN-411801 | 1.8 | Oct 14, 2024 | $8,600 | 4,681 | 5,138 | 63 |
| IN-932034 | 2.2 | Nov 10, 2024 | $24,800 | 11,360 | 7,211 | 58 |
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.