Comparable sales & offer analysis
Parcel IN-597374
Daviess County, IN · 104 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$886,000
Adjusted value
$1,134,050
Value range
$913,925–$1,354,174
Comp $/acre
$10,857/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.9% versus the adjusted value.
Offer position
Max allowable offer
$648,028
Offer $/acre
$6,204/ac
Projected profit
$340,215
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 | 13,326 | 84 |
| IN-427543 | 118.1 | Aug 4, 2025 | $723,800 | 6,131 | 11,509 | 82 |
| IN-987543 | 118.1 | Jun 25, 2025 | $1,193,100 | 10,106 | 7,650 | 80 |
| IN-707043 | 82.2 | Feb 12, 2025 | $1,078,800 | 13,127 | 13,241 | 73 |
| IN-638869 | 308.5 | Jul 27, 2026 | $1,811,500 | 5,872 | 9,384 | 71 |
| IN-765728 | 31.7 | Jul 27, 2026 | $286,300 | 9,031 | 9,734 | 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.