Comparable sales & offer analysis
Parcel IN-511088
Montgomery County, IN · 1.10 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,300
Adjusted value
$13,529
Value range
$10,923–$16,136
Comp $/acre
$12,299/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.9% versus the adjusted value.
Offer position
Max allowable offer
$7,731
Offer $/acre
$7,028/ac
Projected profit
$4,059
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-841852 | 1.9 | Jul 27, 2026 | $14,300 | 7,477 | 12,681 | 77 |
| IN-181474 | 1.4 | Oct 27, 2025 | $7,800 | 5,409 | 8,004 | 74 |
| IN-932034 | 2.2 | Nov 10, 2024 | $24,800 | 11,360 | 15,127 | 69 |
| IN-750215 | 0.6 | Jan 24, 2026 | $5,800 | 9,938 | 14,430 | 68 |
| IN-411801 | 1.8 | Oct 14, 2024 | $8,600 | 4,681 | 10,779 | 66 |
| IN-940027 | 0.5 | Mar 5, 2024 | $2,500 | 4,828 | 11,227 | 65 |
| IN-322282 | 2.6 | May 1, 2024 | $15,700 | 6,025 | 14,227 | 64 |
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.