Comparable sales & offer analysis
Parcel IN-893037
Gibson County, IN · 4.51 ac · Residential · Paved · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$62,800
Adjusted value
$68,299
Value range
$52,283–$84,314
Comp $/acre
$15,144/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.1% versus the adjusted value.
Offer position
Max allowable offer
$39,028
Offer $/acre
$8,654/ac
Projected profit
$20,490
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-222538 | 3.1 | May 4, 2025 | $44,900 | 14,294 | 20,513 | 73 |
| IN-422704 | 3.5 | Apr 23, 2025 | $24,500 | 6,905 | 10,419 | 73 |
| IN-903229 | 5.2 | Sep 29, 2024 | $59,200 | 11,409 | 17,925 | 71 |
| IN-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 18,037 | 67 |
| IN-203449 | 6.1 | Nov 5, 2024 | $34,000 | 5,596 | 12,075 | 66 |
| IN-704513 | 13.2 | Nov 23, 2025 | $88,300 | 6,715 | 12,658 | 62 |
| IN-684607 | 14.1 | Sep 3, 2025 | $87,100 | 6,190 | 13,783 | 61 |
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.