Comparable sales & offer analysis
Parcel IN-762558
Madison County, IN · 3.19 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$34,900
Adjusted value
$25,242
Value range
$19,536–$30,947
Comp $/acre
$7,913/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.3% versus the adjusted value.
Offer position
Max allowable offer
$14,424
Offer $/acre
$4,522/ac
Projected profit
$7,572
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-312953 | 4.3 | Nov 19, 2025 | $40,900 | 9,619 | 8,489 | 79 |
| IN-803849 | 8.1 | Jul 27, 2026 | $32,300 | 3,971 | 6,119 | 75 |
| IN-571023 | 1.1 | Jul 1, 2026 | $6,500 | 6,171 | 6,001 | 73 |
| IN-703939 | 8.7 | Feb 1, 2026 | $61,800 | 7,131 | 8,904 | 70 |
| IN-271644 | 1.6 | Nov 22, 2024 | $9,500 | 5,750 | 6,075 | 67 |
| IN-751263 | 1.3 | Nov 12, 2024 | $9,600 | 7,696 | 9,426 | 65 |
| IN-984246 | 10.8 | Jun 12, 2025 | $104,200 | 9,626 | 11,059 | 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.