Comparable sales & offer analysis
Parcel IN-515120
Daviess County, IN · 20.41 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$210,600
Adjusted value
$302,458
Value range
$253,159–$351,757
Comp $/acre
$14,819/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.4% versus the adjusted value.
Offer position
Max allowable offer
$172,833
Offer $/acre
$8,468/ac
Projected profit
$90,737
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-284253 | 10.9 | Jul 27, 2026 | $124,500 | 11,435 | 12,533 | 78 |
| IN-765728 | 31.7 | Jul 27, 2026 | $286,300 | 9,031 | 13,283 | 75 |
| IN-264248 | 10.8 | Mar 18, 2025 | $178,300 | 16,430 | 16,358 | 67 |
| IN-787270 | 96.9 | Feb 27, 2026 | $935,000 | 9,652 | 18,186 | 61 |
| IN-707043 | 82.2 | Feb 12, 2025 | $1,078,800 | 13,127 | 18,070 | 57 |
| IN-943004 | 4.4 | Jun 20, 2024 | $53,000 | 12,014 | 14,048 | 52 |
| IN-597374 | 104.5 | May 12, 2024 | $811,600 | 7,770 | 11,670 | 51 |
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.