Comparable sales & offer analysis
Parcel IN-190765
Lawrence County, IN · 0.87 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,800
Adjusted value
$13,048
Value range
$9,948–$16,149
Comp $/acre
$14,998/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +36.4% versus the adjusted value.
Offer position
Max allowable offer
$7,456
Offer $/acre
$8,570/ac
Projected profit
$3,914
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-872060 | 2.2 | Aug 7, 2024 | $8,700 | 3,911 | 9,128 | 60 |
| IN-703527 | 6.4 | Jan 5, 2025 | $68,900 | 10,693 | 17,370 | 59 |
| IN-403115 | 4.8 | May 1, 2025 | $41,200 | 8,609 | 15,820 | 58 |
| IN-434126 | 9.9 | Nov 28, 2024 | $131,600 | 13,251 | 18,029 | 54 |
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.