Comparable sales & offer analysis
Parcel IN-292311
Daviess County, IN · 2.67 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$34,300
Adjusted value
$44,649
Value range
$40,177–$49,121
Comp $/acre
$16,722/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.2% versus the adjusted value.
Offer position
Max allowable offer
$25,514
Offer $/acre
$9,556/ac
Projected profit
$13,395
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-890773 | 0.9 | Jul 4, 2026 | $11,600 | 13,182 | 18,776 | 72 |
| IN-592021 | 2.2 | Mar 15, 2025 | $33,100 | 15,310 | 17,026 | 70 |
| IN-943004 | 4.4 | Jun 20, 2024 | $53,000 | 12,014 | 16,934 | 66 |
| IN-850843 | 0.9 | Feb 21, 2025 | $8,100 | 8,783 | 16,728 | 58 |
| IN-620802 | 0.9 | Sep 2, 2024 | $6,200 | 6,951 | 13,479 | 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.