Comparable sales & offer analysis
Parcel IN-210440
Gibson County, IN · 0.69 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,800
Adjusted value
$8,472
Value range
$6,549–$10,396
Comp $/acre
$12,278/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.7% versus the adjusted value.
Offer position
Max allowable offer
$4,841
Offer $/acre
$7,016/ac
Projected profit
$2,542
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-290671 | 0.8 | Jul 27, 2026 | $7,300 | 9,005 | 9,087 | 85 |
| IN-500067 | 0.5 | Jan 2, 2026 | $9,200 | 17,612 | 14,865 | 80 |
| IN-840577 | 0.8 | Jul 15, 2025 | $11,700 | 15,411 | 16,212 | 78 |
| IN-781199 | 1.2 | Jul 27, 2026 | $8,800 | 7,415 | 10,276 | 73 |
| IN-160318 | 0.6 | Dec 17, 2024 | $4,700 | 7,473 | 10,987 | 73 |
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.