Comparable sales & offer analysis
Parcel IN-810794
Madison County, IN · 0.89 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$10,600
Adjusted value
$10,502
Value range
$8,165–$12,839
Comp $/acre
$11,800/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.9% versus the adjusted value.
Offer position
Max allowable offer
$6,001
Offer $/acre
$6,743/ac
Projected profit
$3,151
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-571023 | 1.1 | Jul 1, 2026 | $6,500 | 6,171 | 8,525 | 86 |
| IN-810634 | 0.8 | May 30, 2026 | $6,700 | 8,489 | 13,810 | 81 |
| IN-370485 | 0.7 | Aug 8, 2025 | $8,300 | 11,746 | 14,427 | 81 |
| IN-751263 | 1.3 | Nov 12, 2024 | $9,600 | 7,696 | 13,390 | 69 |
| IN-271644 | 1.6 | Nov 22, 2024 | $9,500 | 5,750 | 8,629 | 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.