Comparable sales & offer analysis
Parcel IN-978537
Montgomery County, IN · 243 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,835,500
Adjusted value
$1,325,836
Value range
$1,029,080–$1,622,593
Comp $/acre
$5,466/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.4% versus the adjusted value.
Offer position
Max allowable offer
$757,621
Offer $/acre
$3,123/ac
Projected profit
$397,751
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-738046 | 170.0 | Apr 21, 2026 | $963,800 | 5,671 | 6,175 | 78 |
| IN-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 5,201 | 76 |
| IN-248730 | 279.0 | Oct 30, 2024 | $886,900 | 3,179 | 4,221 | 73 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 4,064 | 70 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 7,617 | 69 |
| IN-939077 | 358.7 | Apr 27, 2025 | $852,600 | 2,377 | 4,165 | 67 |
| IN-169374 | 444.8 | Nov 22, 2024 | $2,002,100 | 4,501 | 6,761 | 63 |
| IN-627894 | 152.2 | May 9, 2024 | $511,600 | 3,361 | 5,645 | 62 |
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.