Comparable sales & offer analysis
Parcel IN-586186
Gibson County, IN · 44.17 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$288,500
Adjusted value
$345,785
Value range
$270,407–$421,163
Comp $/acre
$7,829/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.6% versus the adjusted value.
Offer position
Max allowable offer
$197,591
Offer $/acre
$4,473/ac
Projected profit
$103,735
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-515885 | 35.5 | Sep 13, 2025 | $194,700 | 5,483 | 5,473 | 82 |
| IN-505493 | 26.7 | Jul 27, 2026 | $305,700 | 11,434 | 8,913 | 78 |
| IN-605092 | 20.0 | Jul 27, 2026 | $351,900 | 17,597 | 9,179 | 76 |
| IN-687376 | 104.6 | Jan 9, 2026 | $531,400 | 5,079 | 6,301 | 75 |
| IN-617581 | 121.3 | Aug 1, 2025 | $432,600 | 3,565 | 6,874 | 72 |
| IN-405252 | 22.5 | Jul 27, 2026 | $341,300 | 15,195 | 9,819 | 72 |
| IN-776635 | 61.1 | Oct 8, 2024 | $500,400 | 8,183 | 7,984 | 70 |
| IN-185518 | 27.2 | Jun 29, 2025 | $189,700 | 6,968 | 7,811 | 70 |
| IN-697854 | 147.9 | Jun 17, 2026 | $624,800 | 4,225 | 5,563 | 70 |
| IN-166902 | 74.2 | Sep 3, 2024 | $527,300 | 7,106 | 10,714 | 68 |
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.