Comparable sales & offer analysis
Parcel IN-359255
Marshall County, IN · 408 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,512,700
Adjusted value
$1,665,424
Value range
$1,454,550–$1,876,298
Comp $/acre
$4,081/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.2% versus the adjusted value.
Offer position
Max allowable offer
$951,671
Offer $/acre
$2,332/ac
Projected profit
$499,627
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-719002 | 339.7 | Oct 27, 2025 | $1,421,300 | 4,184 | 4,118 | 80 |
| IN-608857 | 305.8 | Jul 27, 2026 | $980,300 | 3,205 | 4,363 | 79 |
| IN-468781 | 289.5 | Jul 27, 2026 | $1,284,000 | 4,436 | 4,699 | 78 |
| IN-269211 | 395.3 | Apr 30, 2024 | $749,100 | 1,895 | 3,042 | 76 |
| IN-177848 | 147.3 | Mar 20, 2026 | $1,162,800 | 7,897 | 4,212 | 70 |
| IN-978083 | 174.6 | Nov 29, 2025 | $745,700 | 4,271 | 4,031 | 65 |
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.