Comparable sales & offer analysis
Parcel IN-222538
Gibson County, IN · 3.14 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,800
Adjusted value
$33,027
Value range
$26,576–$39,478
Comp $/acre
$10,518/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +44.7% versus the adjusted value.
Offer position
Max allowable offer
$18,872
Offer $/acre
$6,010/ac
Projected profit
$9,908
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 | 9,823 | 78 |
| IN-781199 | 1.2 | Jul 27, 2026 | $8,800 | 7,415 | 10,519 | 78 |
| IN-422704 | 3.5 | Apr 23, 2025 | $24,500 | 6,905 | 7,692 | 73 |
| IN-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 13,317 | 67 |
| IN-903229 | 5.2 | Sep 29, 2024 | $59,200 | 11,409 | 13,234 | 66 |
| IN-203449 | 6.1 | Nov 5, 2024 | $34,000 | 5,596 | 8,915 | 65 |
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.