Comparable sales & offer analysis
Parcel IN-511913
Marshall County, IN · 2.00 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,000
Adjusted value
$23,412
Value range
$19,687–$27,137
Comp $/acre
$11,706/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$13,378
Offer $/acre
$6,689/ac
Projected profit
$7,024
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-922237 | 2.5 | Dec 4, 2025 | $34,700 | 13,701 | 14,253 | 83 |
| IN-852184 | 2.4 | Jul 27, 2026 | $33,100 | 13,607 | 13,126 | 78 |
| IN-123782 | 7.7 | Jul 27, 2026 | $56,000 | 7,231 | 10,510 | 69 |
| IN-182451 | 3.0 | Jul 12, 2024 | $35,500 | 12,031 | 13,280 | 68 |
| IN-674218 | 10.6 | Jun 18, 2026 | $78,800 | 7,422 | 9,775 | 64 |
| IN-890041 | 0.5 | Oct 20, 2025 | $3,300 | 6,435 | 9,694 | 61 |
| IN-380159 | 0.6 | Dec 21, 2023 | $7,100 | 12,755 | 9,752 | 52 |
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.