Comparable sales & offer analysis
Parcel IN-619120
Madison County, IN · 370 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,609,100
Adjusted value
$2,008,308
Value range
$1,445,982–$2,570,634
Comp $/acre
$5,427/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.9% versus the adjusted value.
Offer position
Max allowable offer
$1,147,605
Offer $/acre
$3,101/ac
Projected profit
$602,492
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-298906 | 316.9 | Jul 27, 2026 | $769,000 | 2,427 | 3,772 | 84 |
| IN-938737 | 280.4 | Dec 9, 2025 | $2,209,900 | 7,882 | 7,516 | 81 |
| IN-478547 | 244.3 | Dec 29, 2025 | $533,400 | 2,183 | 3,465 | 78 |
| IN-628752 | 283.4 | Nov 22, 2024 | $1,344,000 | 4,742 | 6,565 | 73 |
| IN-437636 | 126.3 | Jul 14, 2025 | $761,900 | 6,033 | 5,524 | 69 |
| IN-538641 | 261.5 | Oct 29, 2023 | $633,900 | 2,424 | 3,971 | 67 |
| IN-629859 | 632.0 | Dec 1, 2024 | $2,929,500 | 4,635 | 8,144 | 66 |
| IN-547431 | 108.9 | Mar 23, 2025 | $407,900 | 3,747 | 4,589 | 60 |
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.