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Comparable sales & offer analysis

Parcel IN-907053

Greene County, IN · 82.78 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$508,900
Adjusted value
$405,169
Value range
$370,822–$439,516
Comp $/acre
$4,895/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.6% versus the adjusted value.

Offer position

Max allowable offer
$231,525
Offer $/acre
$2,797/ac
Projected profit
$121,551
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
IN-728327208.3Jul 27, 2026$938,8004,5064,86380
IN-70589535.8Jul 27, 2026$164,4004,5964,50775
IN-268146182.7Jul 27, 2026$906,6004,9624,99474
IN-32693475.9Apr 27, 2025$297,5003,9185,54173
IN-18680369.1Aug 22, 2025$391,0005,6615,39072
IN-917419107.9Dec 27, 2024$242,7002,2494,43470
IN-91578833.1Sep 7, 2025$112,9003,4104,32967
IN-77542625.5Jan 27, 2025$180,0007,0665,08263
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.