Comparable sales & offer analysis
Parcel IN-222538
Gibson County, IN · 3.14 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$47,800
Adjusted value
$32,850
Value range
$26,440–$39,261
Comp $/acre
$10,462/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +45.5% versus the adjusted value.
Offer position
Max allowable offer
$18,772
Offer $/acre
$5,978/ac
Projected profit
$9,855
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 | 10,461 | 79 |
| IN-893037 | 4.5 | Feb 7, 2026 | $58,400 | 12,950 | 9,770 | 79 |
| IN-422704 | 3.5 | Apr 23, 2025 | $24,500 | 6,905 | 7,652 | 74 |
| IN-113586 | 6.7 | Jun 21, 2025 | $67,300 | 10,022 | 13,246 | 67 |
| IN-903229 | 5.2 | Sep 29, 2024 | $59,200 | 11,409 | 13,166 | 66 |
| IN-203449 | 6.1 | Nov 5, 2024 | $34,000 | 5,596 | 8,869 | 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.