Comparable sales & offer analysis
Parcel IN-499198
Lawrence County, IN · 392 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,744,000
Adjusted value
$2,042,327
Value range
$1,736,737–$2,347,916
Comp $/acre
$5,216/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$1,167,044
Offer $/acre
$2,981/ac
Projected profit
$612,698
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-659165 | 382.3 | Jul 27, 2026 | $2,061,900 | 5,394 | 5,144 | 84 |
| IN-168151 | 183.4 | May 25, 2026 | $1,102,700 | 6,013 | 4,909 | 76 |
| IN-519936 | 668.3 | Oct 27, 2024 | $2,915,300 | 4,362 | 4,544 | 70 |
| IN-387365 | 103.8 | Jan 28, 2026 | $1,033,200 | 9,955 | 5,813 | 68 |
| IN-329942 | 671.2 | May 25, 2025 | $1,872,700 | 2,790 | 4,748 | 68 |
| IN-676873 | 72.7 | Oct 21, 2025 | $528,700 | 7,276 | 7,081 | 67 |
| IN-717017 | 80.7 | Jul 5, 2026 | $500,200 | 6,202 | 5,587 | 65 |
| IN-247409 | 107.1 | Nov 24, 2025 | $512,100 | 4,780 | 4,730 | 62 |
| IN-337067 | 83.6 | Nov 26, 2025 | $366,300 | 4,380 | 4,386 | 62 |
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.