Comparable sales & offer analysis
Parcel IN-776635
Gibson County, IN · 61.15 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$492,500
Adjusted value
$557,037
Value range
$421,022–$693,052
Comp $/acre
$9,109/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.6% versus the adjusted value.
Offer position
Max allowable offer
$318,307
Offer $/acre
$5,205/ac
Projected profit
$167,111
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-505493 | 26.7 | Jul 27, 2026 | $305,700 | 11,434 | 9,901 | 79 |
| IN-166902 | 74.2 | Sep 3, 2024 | $527,300 | 7,106 | 11,897 | 74 |
| IN-405252 | 22.5 | Jul 27, 2026 | $341,300 | 15,195 | 10,907 | 73 |
| IN-687376 | 104.6 | Jan 9, 2026 | $531,400 | 5,079 | 6,999 | 72 |
| IN-605092 | 20.0 | Jul 27, 2026 | $351,900 | 17,597 | 10,196 | 72 |
| IN-515885 | 35.5 | Sep 13, 2025 | $194,700 | 5,483 | 6,079 | 71 |
| IN-586186 | 44.2 | Aug 6, 2024 | $309,300 | 7,002 | 8,436 | 69 |
| IN-697854 | 147.9 | Jun 17, 2026 | $624,800 | 4,225 | 6,179 | 68 |
| IN-617581 | 121.3 | Aug 1, 2025 | $432,600 | 3,565 | 7,634 | 68 |
| IN-596994 | 79.3 | Jun 20, 2024 | $587,000 | 7,400 | 12,681 | 66 |
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.