Comparable sales & offer analysis
Parcel IN-139244
Daviess County, IN · 405 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,984,300
Adjusted value
$2,526,403
Value range
$2,053,409–$2,999,397
Comp $/acre
$6,241/ac
Weighted from 7 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
$1,443,659
Offer $/acre
$3,566/ac
Projected profit
$757,921
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-638869 | 308.5 | Jul 27, 2026 | $1,811,500 | 5,872 | 5,462 | 88 |
| IN-189424 | 461.2 | Aug 21, 2025 | $3,374,400 | 7,317 | 6,770 | 76 |
| IN-427543 | 118.1 | Aug 4, 2025 | $723,800 | 6,131 | 6,700 | 70 |
| IN-787270 | 96.9 | Feb 27, 2026 | $935,000 | 9,652 | 7,757 | 65 |
| IN-597374 | 104.5 | May 12, 2024 | $811,600 | 7,770 | 4,978 | 61 |
| IN-987543 | 118.1 | Jun 25, 2025 | $1,193,100 | 10,106 | 4,453 | 60 |
| IN-707043 | 82.2 | Feb 12, 2025 | $1,078,800 | 13,127 | 7,708 | 56 |
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.