Comparable sales & offer analysis
Parcel IN-627894
Montgomery County, IN · 152 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$623,200
Adjusted value
$576,559
Value range
$456,530–$696,587
Comp $/acre
$3,787/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.1% versus the adjusted value.
Offer position
Max allowable offer
$329,462
Offer $/acre
$2,164/ac
Projected profit
$172,968
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-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 3,409 | 80 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 4,993 | 79 |
| IN-738046 | 170.0 | Apr 21, 2026 | $963,800 | 5,671 | 4,048 | 78 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 2,664 | 76 |
| IN-978537 | 242.6 | Jul 27, 2026 | $1,584,000 | 6,530 | 4,314 | 74 |
| IN-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 3,998 | 70 |
| IN-248730 | 279.0 | Oct 30, 2024 | $886,900 | 3,179 | 2,767 | 65 |
| IN-956634 | 61.1 | Nov 10, 2024 | $395,800 | 6,477 | 4,429 | 65 |
| IN-939077 | 358.7 | Apr 27, 2025 | $852,600 | 2,377 | 2,730 | 64 |
| IN-169374 | 444.8 | Nov 22, 2024 | $2,002,100 | 4,501 | 4,432 | 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.