Comparable sales & offer analysis
Parcel IN-704513
Gibson County, IN · 13.15 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$105,000
Adjusted value
$119,946
Value range
$96,218–$143,674
Comp $/acre
$9,121/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$68,541
Offer $/acre
$5,212/ac
Projected profit
$35,984
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-684607 | 14.1 | Sep 3, 2025 | $87,100 | 6,190 | 7,576 | 83 |
| IN-605092 | 20.0 | Jul 27, 2026 | $351,900 | 17,597 | 10,977 | 81 |
| IN-505493 | 26.7 | Jul 27, 2026 | $305,700 | 11,434 | 10,660 | 81 |
| IN-405252 | 22.5 | Jul 27, 2026 | $341,300 | 15,195 | 11,743 | 72 |
| IN-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 9,915 | 68 |
| IN-515885 | 35.5 | Sep 13, 2025 | $194,700 | 5,483 | 6,544 | 67 |
| IN-203449 | 6.1 | Nov 5, 2024 | $34,000 | 5,596 | 6,638 | 66 |
| IN-185518 | 27.2 | Jun 29, 2025 | $189,700 | 6,968 | 9,339 | 64 |
| IN-893037 | 4.5 | Feb 7, 2026 | $58,400 | 12,950 | 7,314 | 63 |
| IN-903229 | 5.2 | Sep 29, 2024 | $59,200 | 11,409 | 9,853 | 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.