Comparable sales & offer analysis
Parcel IN-188354
Randolph County, IN · 212 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$569,700
Adjusted value
$671,597
Value range
$569,007–$774,187
Comp $/acre
$3,161/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.2% versus the adjusted value.
Offer position
Max allowable offer
$383,770
Offer $/acre
$1,806/ac
Projected profit
$201,479
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-828868 | 308.3 | Jan 20, 2025 | $1,417,900 | 4,599 | 3,800 | 75 |
| IN-867146 | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 2,941 | 73 |
| IN-248806 | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 2,501 | 71 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 3,381 | 71 |
| IN-779085 | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 3,699 | 69 |
| IN-889655 | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 2,556 | 65 |
| IN-107140 | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 3,190 | 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.