Comparable sales & offer analysis
Parcel IN-203449
Gibson County, IN · 6.08 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$34,400
Adjusted value
$47,925
Value range
$37,450–$58,400
Comp $/acre
$7,882/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.2% versus the adjusted value.
Offer position
Max allowable offer
$27,386
Offer $/acre
$4,504/ac
Projected profit
$14,378
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-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 8,981 | 85 |
| IN-893037 | 4.5 | Feb 7, 2026 | $58,400 | 12,950 | 6,624 | 74 |
| IN-903229 | 5.2 | Sep 29, 2024 | $59,200 | 11,409 | 8,927 | 74 |
| IN-704513 | 13.2 | Nov 23, 2025 | $88,300 | 6,715 | 6,302 | 72 |
| IN-422704 | 3.5 | Apr 23, 2025 | $24,500 | 6,905 | 5,188 | 71 |
| IN-684607 | 14.1 | Sep 3, 2025 | $87,100 | 6,190 | 6,863 | 69 |
| IN-222538 | 3.1 | May 4, 2025 | $44,900 | 14,294 | 10,214 | 68 |
| IN-605092 | 20.0 | Jul 27, 2026 | $351,900 | 17,597 | 9,941 | 67 |
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.