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Comparable sales & offer analysis

Parcel IN-850843

Daviess County, IN · 0.92 ac · Agricultural · Landlocked · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$8,400
Adjusted value
$7,892
Value range
$6,264–$9,520
Comp $/acre
$8,579/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.4% versus the adjusted value.

Offer position

Max allowable offer
$4,510
Offer $/acre
$4,902/ac
Projected profit
$2,368
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
IN-8907730.9Jul 4, 2026$11,60013,18210,46990
IN-6302100.6Jul 27, 2026$4,2007,2996,19682
IN-6208020.9Sep 2, 2024$6,2006,9517,51977
IN-6900400.5Mar 24, 2026$13,40026,29210,68672
IN-2923112.7Jul 27, 2026$30,30011,3566,38169
IN-3900850.5May 2, 2025$8,20015,4159,35466
IN-5920212.2Mar 15, 2025$33,10015,3109,49660
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.