Comparable sales & offer analysis
Parcel IN-322282
Montgomery County, IN · 2.61 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,500
Adjusted value
$14,810
Value range
$11,958–$17,663
Comp $/acre
$5,674/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.9% versus the adjusted value.
Offer position
Max allowable offer
$8,463
Offer $/acre
$3,243/ac
Projected profit
$4,443
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 | 5,917 | 85 |
| IN-411801 | 1.8 | Oct 14, 2024 | $8,600 | 4,681 | 5,030 | 74 |
| IN-932034 | 2.2 | Nov 10, 2024 | $24,800 | 11,360 | 7,059 | 74 |
| IN-181474 | 1.4 | Oct 27, 2025 | $7,800 | 5,409 | 3,735 | 70 |
| IN-873618 | 6.9 | Nov 2, 2025 | $64,400 | 9,371 | 5,577 | 66 |
| IN-511088 | 1.1 | Mar 27, 2024 | $14,400 | 13,085 | 6,753 | 63 |
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.