Comparable sales & offer analysis
Parcel IN-704852
Montgomery County, IN · 16.81 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$112,000
Adjusted value
$131,006
Value range
$113,963–$148,049
Comp $/acre
$7,793/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.5% versus the adjusted value.
Offer position
Max allowable offer
$74,861
Offer $/acre
$4,453/ac
Projected profit
$39,302
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-494387 | 12.0 | Mar 5, 2026 | $93,800 | 7,815 | 6,650 | 80 |
| IN-605649 | 29.9 | Jul 27, 2026 | $218,300 | 7,292 | 9,357 | 78 |
| IN-555034 | 19.2 | Mar 7, 2025 | $152,300 | 7,943 | 7,052 | 77 |
| IN-873618 | 6.9 | Nov 2, 2025 | $64,400 | 9,371 | 7,391 | 74 |
| IN-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 9,189 | 66 |
| IN-766072 | 40.7 | Feb 8, 2026 | $274,600 | 6,751 | 8,005 | 66 |
| IN-875763 | 32.5 | Mar 6, 2025 | $276,900 | 8,516 | 7,022 | 66 |
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.