Comparable sales & offer analysis
Parcel IN-903229
Gibson County, IN · 5.19 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$65,000
Adjusted value
$51,176
Value range
$39,428–$62,925
Comp $/acre
$9,861/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.0% versus the adjusted value.
Offer position
Max allowable offer
$29,244
Offer $/acre
$5,635/ac
Projected profit
$15,353
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-893037 | 4.5 | Feb 7, 2026 | $58,400 | 12,950 | 9,134 | 79 |
| IN-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 12,385 | 78 |
| IN-422704 | 3.5 | Apr 23, 2025 | $24,500 | 6,905 | 7,154 | 77 |
| IN-203449 | 6.1 | Nov 5, 2024 | $34,000 | 5,596 | 8,292 | 74 |
| IN-222538 | 3.1 | May 4, 2025 | $44,900 | 14,294 | 14,086 | 69 |
| IN-704513 | 13.2 | Nov 23, 2025 | $88,300 | 6,715 | 8,691 | 67 |
| IN-684607 | 14.1 | Sep 3, 2025 | $87,100 | 6,190 | 9,464 | 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.