Comparable sales & offer analysis
Parcel IN-605649
Montgomery County, IN · 29.94 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$232,000
Adjusted value
$182,165
Value range
$153,548–$210,783
Comp $/acre
$6,084/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.4% versus the adjusted value.
Offer position
Max allowable offer
$104,095
Offer $/acre
$3,477/ac
Projected profit
$54,650
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-766072 | 40.7 | Feb 8, 2026 | $274,600 | 6,751 | 6,287 | 82 |
| IN-704852 | 16.8 | Jul 27, 2026 | $120,400 | 7,162 | 5,669 | 78 |
| IN-136573 | 58.5 | Jul 27, 2026 | $429,800 | 7,351 | 7,216 | 76 |
| IN-956634 | 61.1 | Nov 10, 2024 | $395,800 | 6,477 | 7,995 | 73 |
| IN-555034 | 19.2 | Mar 7, 2025 | $152,300 | 7,943 | 5,538 | 73 |
| IN-875763 | 32.5 | Mar 6, 2025 | $276,900 | 8,516 | 5,514 | 73 |
| IN-777002 | 79.8 | Jul 27, 2026 | $248,000 | 3,109 | 4,809 | 72 |
| IN-494387 | 12.0 | Mar 5, 2026 | $93,800 | 7,815 | 5,222 | 67 |
| IN-916648 | 61.7 | Mar 27, 2025 | $443,700 | 7,188 | 6,405 | 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.