Comparable sales & offer analysis
Parcel IN-923566
Randolph County, IN · 6.62 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$43,500
Adjusted value
$46,419
Value range
$40,538–$52,300
Comp $/acre
$7,012/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.3% versus the adjusted value.
Offer position
Max allowable offer
$26,525
Offer $/acre
$4,007/ac
Projected profit
$13,926
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-693780 | 7.7 | Jun 14, 2026 | $62,500 | 8,080 | 6,039 | 82 |
| IN-953265 | 5.3 | Jul 12, 2025 | $41,600 | 7,812 | 8,120 | 78 |
| IN-603660 | 7.1 | Sep 28, 2024 | $57,100 | 8,053 | 7,454 | 76 |
| IN-504440 | 12.5 | Jul 27, 2026 | $86,900 | 6,972 | 6,336 | 76 |
| IN-584046 | 9.4 | Nov 9, 2025 | $49,400 | 5,273 | 5,600 | 76 |
| IN-603579 | 6.7 | Feb 7, 2024 | $53,800 | 8,057 | 7,616 | 76 |
| IN-355168 | 21.1 | Jul 27, 2026 | $209,800 | 9,927 | 6,896 | 70 |
| IN-542969 | 4.3 | Sep 6, 2025 | $34,800 | 8,091 | 7,296 | 70 |
| IN-734154 | 10.1 | Sep 29, 2024 | $89,700 | 8,850 | 8,500 | 68 |
| IN-822259 | 2.6 | Apr 16, 2026 | $22,900 | 8,923 | 6,405 | 66 |
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.