Comparable sales & offer analysis
Parcel IN-322282
Montgomery County, IN · 2.61 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$18,500
Adjusted value
$14,728
Value range
$11,891–$17,565
Comp $/acre
$5,643/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.6% versus the adjusted value.
Offer position
Max allowable offer
$8,416
Offer $/acre
$3,225/ac
Projected profit
$4,418
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 | 5,885 | 86 |
| IN-411801 | 1.8 | Oct 14, 2024 | $8,600 | 4,681 | 5,004 | 75 |
| IN-932034 | 2.2 | Nov 10, 2024 | $24,800 | 11,360 | 7,022 | 74 |
| IN-181474 | 1.4 | Oct 27, 2025 | $7,800 | 5,409 | 3,715 | 71 |
| IN-873618 | 6.9 | Nov 2, 2025 | $64,400 | 9,371 | 5,547 | 67 |
| IN-511088 | 1.1 | Mar 27, 2024 | $14,400 | 13,085 | 6,719 | 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.