Comparable sales & offer analysis
Parcel IN-505088
Lawrence County, IN · 19.94 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$231,500
Adjusted value
$200,240
Value range
$170,641–$229,839
Comp $/acre
$10,042/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.6% versus the adjusted value.
Offer position
Max allowable offer
$114,423
Offer $/acre
$5,738/ac
Projected profit
$60,072
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-366413 | 52.1 | Jul 27, 2026 | $477,800 | 9,175 | 8,733 | 78 |
| IN-704664 | 14.7 | Aug 24, 2024 | $257,500 | 17,550 | 12,778 | 75 |
| IN-255669 | 30.4 | Jun 27, 2025 | $295,900 | 9,744 | 10,721 | 75 |
| IN-126509 | 55.8 | Jul 27, 2026 | $473,900 | 8,491 | 8,576 | 72 |
| IN-885991 | 38.4 | Aug 23, 2025 | $224,500 | 5,853 | 8,422 | 68 |
| IN-703527 | 6.4 | Jan 5, 2025 | $68,900 | 10,693 | 10,321 | 66 |
| IN-434126 | 9.9 | Nov 28, 2024 | $131,600 | 13,251 | 10,713 | 64 |
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.