Comparable sales & offer analysis
Parcel IN-885991
Lawrence County, IN · 38.35 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$260,100
Adjusted value
$271,150
Value range
$224,457–$317,843
Comp $/acre
$7,070/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.1% versus the adjusted value.
Offer position
Max allowable offer
$154,943
Offer $/acre
$4,040/ac
Projected profit
$81,345
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-126509 | 55.8 | Jul 27, 2026 | $473,900 | 8,491 | 6,205 | 81 |
| IN-337067 | 83.6 | Nov 26, 2025 | $366,300 | 4,380 | 5,310 | 80 |
| IN-366413 | 52.1 | Jul 27, 2026 | $477,800 | 9,175 | 6,319 | 80 |
| IN-717017 | 80.7 | Jul 5, 2026 | $500,200 | 6,202 | 6,763 | 78 |
| IN-676873 | 72.7 | Oct 21, 2025 | $528,700 | 7,276 | 8,572 | 76 |
| IN-255669 | 30.4 | Jun 27, 2025 | $295,900 | 9,744 | 7,758 | 73 |
| IN-505088 | 19.9 | Jan 18, 2026 | $225,900 | 11,331 | 8,396 | 70 |
| IN-387365 | 103.8 | Jan 28, 2026 | $1,033,200 | 9,955 | 7,037 | 67 |
| IN-247409 | 107.1 | Nov 24, 2025 | $512,100 | 4,780 | 5,725 | 63 |
| IN-704664 | 14.7 | Aug 24, 2024 | $257,500 | 17,550 | 9,246 | 57 |
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.
