Joshua Hutagalung, 33, was at home when a soccer ball-sized meteorite crashed into the veranda at the edge of his living room.
Experts rated the meteorite so highly because they believe it may contain elements that provide clues to the origin of life.
Joshua from Kolang in North Sumatra has already sold the stone to one of the collectors - and has received enough money to retire and promises to build a new church in his village.
He said: “I was working on a coffin near the street in front of my house when I heard a crash that shook my house. It was as if a tree had fallen on us. The meteorite was very hot to lift it up, so my wife dug it up with a hoe and we dragged it inside the house."
For a meteorite weighing 2, 2 kg, he was given an amount equal to his 30-year earnings. The kind-hearted father of three has promised to spend some of the money to build a church for his congregation.
The meteorite was bought by the American Jared Collins, who, having learned about the incident, immediately got on a plane and flew to buy a space stone. According to him, he took with him as much money as he could collect and did not lose.
Having bought a meteorite for a lot of money for its owner, he will now sell it for a lot of money for himself - 1.4 million euros.
Collins sent the space stone to America, where it was bought by an American collector who keeps it in liquid nitrogen at the Arizona State University Meteorite Research Center.
The meteorite is classified as CM1 / 2 carbonaceous chondrite, an extremely rare species that scientists believe contains unique amino acids and other primary elements necessary for life itself to emerge.