Comparable sales & offer analysis
Parcel IN-592021
Daviess County, IN · 2.16 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$32,200
Adjusted value
$31,676
Value range
$26,006–$37,345
Comp $/acre
$14,665/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.7% versus the adjusted value.
Offer position
Max allowable offer
$18,100
Offer $/acre
$8,380/ac
Projected profit
$9,503
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-292311 | 2.7 | Jul 27, 2026 | $30,300 | 11,356 | 10,963 | 79 |
| IN-890773 | 0.9 | Jul 4, 2026 | $11,600 | 13,182 | 17,986 | 67 |
| IN-943004 | 4.4 | Jun 20, 2024 | $53,000 | 12,014 | 16,221 | 62 |
| IN-620802 | 0.9 | Sep 2, 2024 | $6,200 | 6,951 | 12,912 | 61 |
| IN-850843 | 0.9 | Feb 21, 2025 | $8,100 | 8,783 | 16,024 | 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.