Comparable sales & offer analysis
Parcel IN-390085
Daviess County, IN · 0.53 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,500
Adjusted value
$8,172
Value range
$6,517–$9,827
Comp $/acre
$15,418/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.3% versus the adjusted value.
Offer position
Max allowable offer
$4,670
Offer $/acre
$8,810/ac
Projected profit
$2,452
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-690040 | 0.5 | Mar 24, 2026 | $13,400 | 26,292 | 18,665 | 88 |
| IN-630210 | 0.6 | Jul 27, 2026 | $4,200 | 7,299 | 10,824 | 83 |
| IN-620802 | 0.9 | Sep 2, 2024 | $6,200 | 6,951 | 13,129 | 72 |
| IN-890773 | 0.9 | Jul 4, 2026 | $11,600 | 13,182 | 18,288 | 72 |
| IN-850843 | 0.9 | Feb 21, 2025 | $8,100 | 8,783 | 16,293 | 65 |
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.