Comparable sales & offer analysis
Parcel IN-494387
Montgomery County, IN · 12.00 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$90,000
Adjusted value
$110,710
Value range
$98,940–$122,480
Comp $/acre
$9,226/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.7% versus the adjusted value.
Offer position
Max allowable offer
$63,263
Offer $/acre
$5,272/ac
Projected profit
$33,213
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-704852 | 16.8 | Jul 27, 2026 | $120,400 | 7,162 | 8,690 | 83 |
| IN-873618 | 6.9 | Nov 2, 2025 | $64,400 | 9,371 | 8,898 | 72 |
| IN-605649 | 29.9 | Jul 27, 2026 | $218,300 | 7,292 | 11,265 | 70 |
| IN-875763 | 32.5 | Mar 6, 2025 | $276,900 | 8,516 | 8,453 | 70 |
| IN-766072 | 40.7 | Feb 8, 2026 | $274,600 | 6,751 | 9,637 | 68 |
| IN-555034 | 19.2 | Mar 7, 2025 | $152,300 | 7,943 | 8,490 | 67 |
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.