Comparable sales & offer analysis
Parcel IN-838153
Montgomery County, IN · 184 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,253,600
Adjusted value
$1,184,354
Value range
$944,165–$1,424,543
Comp $/acre
$6,449/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.8% versus the adjusted value.
Offer position
Max allowable offer
$676,774
Offer $/acre
$3,685/ac
Projected profit
$355,306
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 | 6,983 | 80 |
| IN-978537 | 242.6 | Jul 27, 2026 | $1,584,000 | 6,530 | 7,442 | 77 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 8,613 | 77 |
| IN-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 6,896 | 73 |
| IN-248730 | 279.0 | Oct 30, 2024 | $886,900 | 3,179 | 4,773 | 73 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 4,596 | 70 |
| IN-627894 | 152.2 | May 9, 2024 | $511,600 | 3,361 | 6,383 | 70 |
| IN-939077 | 358.7 | Apr 27, 2025 | $852,600 | 2,377 | 4,710 | 67 |
| IN-916648 | 61.7 | Mar 27, 2025 | $443,700 | 7,188 | 6,121 | 63 |
| IN-169374 | 444.8 | Nov 22, 2024 | $2,002,100 | 4,501 | 7,645 | 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.