Comparable sales & offer analysis
Parcel IN-889655
Randolph County, IN · 545 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,570,000
Adjusted value
$1,929,427
Value range
$1,561,238–$2,297,615
Comp $/acre
$3,539/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.6% versus the adjusted value.
Offer position
Max allowable offer
$1,102,529
Offer $/acre
$2,022/ac
Projected profit
$578,828
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-779085 | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 4,147 | 69 |
| IN-828868 | 308.3 | Jan 20, 2025 | $1,417,900 | 4,599 | 4,260 | 66 |
| IN-248806 | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 2,805 | 66 |
| IN-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 2,665 | 65 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 3,791 | 61 |
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.