Comparable sales & offer analysis
Parcel IN-690040
Daviess County, IN · 0.51 ac · Residential · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$15,100
Adjusted value
$10,873
Value range
$8,903–$12,844
Comp $/acre
$21,320/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.9% versus the adjusted value.
Offer position
Max allowable offer
$6,213
Offer $/acre
$12,183/ac
Projected profit
$3,262
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-390085 | 0.5 | May 2, 2025 | $8,200 | 15,415 | 23,398 | 83 |
| IN-630210 | 0.6 | Jul 27, 2026 | $4,200 | 7,299 | 15,499 | 83 |
| IN-890773 | 0.9 | Jul 4, 2026 | $11,600 | 13,182 | 26,187 | 73 |
| IN-620802 | 0.9 | Sep 2, 2024 | $6,200 | 6,951 | 18,807 | 72 |
| IN-850843 | 0.9 | Feb 21, 2025 | $8,100 | 8,783 | 23,337 | 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.
