Comparable sales & offer analysis
Parcel IN-504440
Randolph County, IN · 12.47 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$104,000
Adjusted value
$96,677
Value range
$83,170–$110,183
Comp $/acre
$7,753/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.6% versus the adjusted value.
Offer position
Max allowable offer
$55,244
Offer $/acre
$4,430/ac
Projected profit
$29,003
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-584046 | 9.4 | Nov 9, 2025 | $49,400 | 5,273 | 6,210 | 82 |
| IN-693780 | 7.7 | Jun 14, 2026 | $62,500 | 8,080 | 6,697 | 79 |
| IN-355168 | 21.1 | Jul 27, 2026 | $209,800 | 9,927 | 7,647 | 75 |
| IN-734154 | 10.1 | Sep 29, 2024 | $89,700 | 8,850 | 9,426 | 72 |
| IN-923566 | 6.6 | Dec 31, 2025 | $45,800 | 6,926 | 7,924 | 72 |
| IN-953265 | 5.3 | Jul 12, 2025 | $41,600 | 7,812 | 9,005 | 67 |
| IN-603660 | 7.1 | Sep 28, 2024 | $57,100 | 8,053 | 8,266 | 67 |
| IN-542969 | 4.3 | Sep 6, 2025 | $34,800 | 8,091 | 8,091 | 64 |
| IN-603579 | 6.7 | Feb 7, 2024 | $53,800 | 8,057 | 8,446 | 62 |
| IN-356146 | 42.9 | Aug 7, 2024 | $246,600 | 5,747 | 6,036 | 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.