Comparable sales & offer analysis
Parcel IN-872060
Lawrence County, IN · 2.22 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$10,300
Adjusted value
$19,194
Value range
$16,931–$21,456
Comp $/acre
$8,646/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -46.3% versus the adjusted value.
Offer position
Max allowable offer
$10,968
Offer $/acre
$4,940/ac
Projected profit
$5,758
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-403115 | 4.8 | May 1, 2025 | $41,200 | 8,609 | 7,354 | 72 |
| IN-190765 | 0.9 | Nov 24, 2025 | $17,600 | 20,255 | 9,754 | 67 |
| IN-703527 | 6.4 | Jan 5, 2025 | $68,900 | 10,693 | 8,075 | 64 |
| IN-434126 | 9.9 | Nov 28, 2024 | $131,600 | 13,251 | 8,382 | 56 |
| IN-704664 | 14.7 | Aug 24, 2024 | $257,500 | 17,550 | 9,998 | 52 |
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.