Comparable sales & offer analysis
Parcel IN-779085
Randolph County, IN · 361 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,041,000
Adjusted value
$1,563,608
Value range
$1,259,136–$1,868,080
Comp $/acre
$4,334/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.5% versus the adjusted value.
Offer position
Max allowable offer
$893,490
Offer $/acre
$2,477/ac
Projected profit
$469,082
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 | 5,643 | 75 |
| IN-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 3,530 | 74 |
| IN-889655 | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 3,795 | 73 |
| IN-248806 | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 3,715 | 73 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 5,020 | 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.