Comparable sales & offer analysis
Parcel IN-408227
Knox County, IN · 194 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$671,500
Adjusted value
$683,200
Value range
$548,721–$817,679
Comp $/acre
$3,526/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.7% versus the adjusted value.
Offer position
Max allowable offer
$390,400
Offer $/acre
$2,015/ac
Projected profit
$204,960
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-418036 | 168.7 | Jul 5, 2026 | $754,700 | 4,473 | 4,025 | 89 |
| IN-538927 | 321.8 | Jul 27, 2026 | $1,432,900 | 4,454 | 3,497 | 75 |
| IN-619016 | 343.2 | Oct 26, 2024 | $1,315,600 | 3,834 | 4,519 | 68 |
| IN-629699 | 562.9 | May 7, 2025 | $987,000 | 1,753 | 2,347 | 64 |
| IN-416122 | 42.2 | Feb 5, 2026 | $259,600 | 6,156 | 3,504 | 61 |
| IN-805887 | 35.6 | May 6, 2024 | $177,400 | 4,988 | 2,917 | 55 |
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.