Comparable sales & offer analysis
Parcel IN-620802
Daviess County, IN · 0.89 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,400
Adjusted value
$7,961
Value range
$6,444–$9,478
Comp $/acre
$8,945/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.0% versus the adjusted value.
Offer position
Max allowable offer
$4,549
Offer $/acre
$5,111/ac
Projected profit
$2,388
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 | 10,531 | 83 |
| IN-690040 | 0.5 | Mar 24, 2026 | $13,400 | 26,292 | 10,748 | 79 |
| IN-850843 | 0.9 | Feb 21, 2025 | $8,100 | 8,783 | 9,382 | 78 |
| IN-630210 | 0.6 | Jul 27, 2026 | $4,200 | 7,299 | 6,233 | 78 |
| IN-390085 | 0.5 | May 2, 2025 | $8,200 | 15,415 | 9,407 | 75 |
| IN-292311 | 2.7 | Jul 27, 2026 | $30,300 | 11,356 | 6,419 | 67 |
| IN-592021 | 2.2 | Mar 15, 2025 | $33,100 | 15,310 | 9,549 | 63 |
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.