Comparable sales & offer analysis
Parcel IN-777002
Montgomery County, IN · 79.78 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$294,200
Adjusted value
$374,640
Value range
$332,013–$417,268
Comp $/acre
$4,696/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.5% versus the adjusted value.
Offer position
Max allowable offer
$214,080
Offer $/acre
$2,683/ac
Projected profit
$112,392
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-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 4,701 | 80 |
| IN-738046 | 170.0 | Apr 21, 2026 | $963,800 | 5,671 | 4,761 | 74 |
| IN-916648 | 61.7 | Mar 27, 2025 | $443,700 | 7,188 | 4,173 | 73 |
| IN-956634 | 61.1 | Nov 10, 2024 | $395,800 | 6,477 | 5,209 | 73 |
| IN-605649 | 29.9 | Jul 27, 2026 | $218,300 | 7,292 | 4,788 | 72 |
| IN-766072 | 40.7 | Feb 8, 2026 | $274,600 | 6,751 | 4,096 | 71 |
| IN-978537 | 242.6 | Jul 27, 2026 | $1,584,000 | 6,530 | 5,074 | 70 |
| IN-838153 | 183.7 | May 26, 2026 | $1,064,300 | 5,795 | 4,010 | 68 |
| IN-627894 | 152.2 | May 9, 2024 | $511,600 | 3,361 | 4,352 | 64 |
| IN-257979 | 161.9 | Aug 5, 2025 | $1,600,100 | 9,883 | 5,872 | 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.