Comparable sales & offer analysis
Parcel IN-160318
Gibson County, IN · 0.63 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,400
Adjusted value
$5,590
Value range
$4,323–$6,856
Comp $/acre
$8,872/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.3% versus the adjusted value.
Offer position
Max allowable offer
$3,194
Offer $/acre
$5,070/ac
Projected profit
$1,677
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-781199 | 1.2 | Jul 27, 2026 | $8,800 | 7,415 | 7,516 | 83 |
| IN-290671 | 0.8 | Jul 27, 2026 | $7,300 | 9,005 | 6,647 | 78 |
| IN-500067 | 0.5 | Jan 2, 2026 | $9,200 | 17,612 | 10,873 | 74 |
| IN-210440 | 0.7 | Oct 21, 2024 | $6,900 | 9,993 | 7,909 | 72 |
| IN-840577 | 0.8 | Jul 15, 2025 | $11,700 | 15,411 | 11,858 | 70 |
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.