Comparable sales & offer analysis
Parcel IN-178650
Gibson County, IN · 263 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,400,800
Adjusted value
$1,393,182
Value range
$1,072,875–$1,713,489
Comp $/acre
$5,292/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.5% versus the adjusted value.
Offer position
Max allowable offer
$796,104
Offer $/acre
$3,024/ac
Projected profit
$417,955
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-218777 | 288.6 | Jul 27, 2026 | $1,721,900 | 5,966 | 6,212 | 86 |
| IN-697854 | 147.9 | Jun 17, 2026 | $624,800 | 4,225 | 3,625 | 77 |
| IN-318063 | 172.1 | Aug 29, 2025 | $804,300 | 4,674 | 5,460 | 70 |
| IN-587813 | 143.6 | Apr 12, 2025 | $647,600 | 4,511 | 5,995 | 65 |
| IN-687376 | 104.6 | Jan 9, 2026 | $531,400 | 5,079 | 4,106 | 65 |
| IN-617581 | 121.3 | Aug 1, 2025 | $432,600 | 3,565 | 4,479 | 63 |
| IN-596994 | 79.3 | Jun 20, 2024 | $587,000 | 7,400 | 7,443 | 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.