Comparable sales & offer analysis
Parcel IN-427543
Daviess County, IN · 118 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$730,400
Adjusted value
$663,275
Value range
$512,899–$813,650
Comp $/acre
$5,618/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.1% versus the adjusted value.
Offer position
Max allowable offer
$379,014
Offer $/acre
$3,210/ac
Projected profit
$198,982
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-787270 | 96.9 | Feb 27, 2026 | $935,000 | 9,652 | 7,406 | 82 |
| IN-987543 | 118.1 | Jun 25, 2025 | $1,193,100 | 10,106 | 4,252 | 79 |
| IN-597374 | 104.5 | May 12, 2024 | $811,600 | 7,770 | 4,754 | 78 |
| IN-638869 | 308.5 | Jul 27, 2026 | $1,811,500 | 5,872 | 5,214 | 76 |
| IN-139244 | 404.8 | Jan 29, 2026 | $1,968,400 | 4,863 | 4,774 | 74 |
| IN-707043 | 82.2 | Feb 12, 2025 | $1,078,800 | 13,127 | 7,360 | 70 |
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.