Comparable sales & offer analysis
Parcel IN-932034
Montgomery County, IN · 2.18 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$29,800
Adjusted value
$21,225
Value range
$17,334–$25,115
Comp $/acre
$9,736/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +40.4% versus the adjusted value.
Offer position
Max allowable offer
$12,128
Offer $/acre
$5,564/ac
Projected profit
$6,367
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 | 10,281 | 87 |
| IN-181474 | 1.4 | Oct 27, 2025 | $7,800 | 5,409 | 6,489 | 73 |
| IN-322282 | 2.6 | May 1, 2024 | $15,700 | 6,025 | 11,535 | 72 |
| IN-411801 | 1.8 | Oct 14, 2024 | $8,600 | 4,681 | 8,739 | 70 |
| IN-511088 | 1.1 | Mar 27, 2024 | $14,400 | 13,085 | 11,733 | 67 |
| IN-873618 | 6.9 | Nov 2, 2025 | $64,400 | 9,371 | 9,689 | 60 |
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.