Comparable sales & offer analysis
Parcel IN-248806
Randolph County, IN · 295 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,589,400
Adjusted value
$1,787,128
Value range
$1,491,291–$2,082,966
Comp $/acre
$6,063/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$1,021,216
Offer $/acre
$3,465/ac
Projected profit
$536,138
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 | 7,342 | 76 |
| IN-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 4,593 | 75 |
| IN-779085 | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 7,147 | 72 |
| IN-889655 | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 4,939 | 69 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 6,533 | 68 |
| IN-867146 | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 5,684 | 66 |
| IN-107140 | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 6,163 | 54 |
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.