Comparable sales & offer analysis
Parcel IN-312953
Madison County, IN · 4.25 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$42,100
Adjusted value
$42,764
Value range
$34,006–$51,523
Comp $/acre
$10,062/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.6% versus the adjusted value.
Offer position
Max allowable offer
$24,437
Offer $/acre
$5,750/ac
Projected profit
$12,829
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-803849 | 8.1 | Jul 27, 2026 | $32,300 | 3,971 | 7,188 | 79 |
| IN-762558 | 3.2 | Aug 1, 2025 | $30,500 | 9,573 | 11,734 | 76 |
| IN-703939 | 8.7 | Feb 1, 2026 | $61,800 | 7,131 | 10,458 | 72 |
| IN-404375 | 11.9 | Nov 6, 2025 | $81,900 | 6,882 | 10,456 | 66 |
| IN-271644 | 1.6 | Nov 22, 2024 | $9,500 | 5,750 | 7,134 | 65 |
| IN-984246 | 10.8 | Jun 12, 2025 | $104,200 | 9,626 | 12,988 | 61 |
| IN-751263 | 1.3 | Nov 12, 2024 | $9,600 | 7,696 | 11,069 | 57 |
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.