Comparable sales & offer analysis
Parcel IN-828868
Randolph County, IN · 308 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,481,600
Adjusted value
$1,166,368
Value range
$978,488–$1,354,249
Comp $/acre
$3,783/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.0% versus the adjusted value.
Offer position
Max allowable offer
$666,496
Offer $/acre
$2,162/ac
Projected profit
$349,910
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-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 3,066 | 78 |
| IN-248806 | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 3,227 | 75 |
| IN-779085 | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 4,773 | 73 |
| IN-889655 | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 3,297 | 69 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 4,362 | 66 |
| IN-867146 | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 3,794 | 65 |
| IN-107140 | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 4,115 | 58 |
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.