Comparable sales & offer analysis
Parcel IN-403115
Lawrence County, IN · 4.78 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$44,200
Adjusted value
$48,424
Value range
$36,882–$59,965
Comp $/acre
$10,130/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.7% versus the adjusted value.
Offer position
Max allowable offer
$27,671
Offer $/acre
$5,789/ac
Projected profit
$14,527
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-703527 | 6.4 | Jan 5, 2025 | $68,900 | 10,693 | 10,018 | 71 |
| IN-872060 | 2.2 | Aug 7, 2024 | $8,700 | 3,911 | 5,264 | 69 |
| IN-505088 | 19.9 | Jan 18, 2026 | $225,900 | 11,331 | 11,266 | 65 |
| IN-434126 | 9.9 | Nov 28, 2024 | $131,600 | 13,251 | 10,398 | 64 |
| IN-190765 | 0.9 | Nov 24, 2025 | $17,600 | 20,255 | 12,103 | 61 |
| IN-704664 | 14.7 | Aug 24, 2024 | $257,500 | 17,550 | 12,402 | 59 |
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.