Comparable sales & offer analysis
Parcel IN-840577
Gibson County, IN · 0.76 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,800
Adjusted value
$8,447
Value range
$6,955–$9,940
Comp $/acre
$11,115/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +51.5% versus the adjusted value.
Offer position
Max allowable offer
$4,827
Offer $/acre
$6,351/ac
Projected profit
$2,534
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 | 9,080 | 88 |
| IN-210440 | 0.7 | Oct 21, 2024 | $6,900 | 9,993 | 10,804 | 74 |
| IN-781199 | 1.2 | Jul 27, 2026 | $8,800 | 7,415 | 10,268 | 74 |
| IN-500067 | 0.5 | Jan 2, 2026 | $9,200 | 17,612 | 14,854 | 73 |
| IN-160318 | 0.6 | Dec 17, 2024 | $4,700 | 7,473 | 10,979 | 67 |
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.