Comparable sales & offer analysis
Parcel IN-939077
Montgomery County, IN · 359 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$803,600
Adjusted value
$1,301,869
Value range
$1,080,728–$1,523,011
Comp $/acre
$3,630/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -38.3% versus the adjusted value.
Offer position
Max allowable offer
$743,925
Offer $/acre
$2,074/ac
Projected profit
$390,561
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-978537 | 242.6 | Jul 27, 2026 | $1,584,000 | 6,530 | 3,961 | 77 |
| IN-738046 | 170.0 | Apr 21, 2026 | $963,800 | 5,671 | 3,717 | 75 |
| IN-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 3,130 | 75 |
| IN-169374 | 444.8 | Nov 22, 2024 | $2,002,100 | 4,501 | 4,070 | 71 |
| IN-248730 | 279.0 | Oct 30, 2024 | $886,900 | 3,179 | 2,541 | 70 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 4,585 | 67 |
| IN-627894 | 152.2 | May 9, 2024 | $511,600 | 3,361 | 3,399 | 61 |
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.