Comparable sales & offer analysis
Parcel IN-810634
Madison County, IN · 0.79 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,000
Adjusted value
$5,696
Value range
$4,472–$6,920
Comp $/acre
$7,210/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.9% versus the adjusted value.
Offer position
Max allowable offer
$3,255
Offer $/acre
$4,120/ac
Projected profit
$1,709
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 | 5,316 | 80 |
| IN-810794 | 0.9 | Jan 17, 2026 | $11,100 | 12,506 | 7,986 | 77 |
| IN-370485 | 0.7 | Aug 8, 2025 | $8,300 | 11,746 | 8,994 | 75 |
| IN-751263 | 1.3 | Nov 12, 2024 | $9,600 | 7,696 | 8,347 | 69 |
| IN-271644 | 1.6 | Nov 22, 2024 | $9,500 | 5,750 | 5,379 | 66 |
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.