Comparable sales & offer analysis
Parcel IN-822259
Randolph County, IN · 2.57 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,400
Adjusted value
$26,134
Value range
$21,779–$30,490
Comp $/acre
$10,169/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.5% versus the adjusted value.
Offer position
Max allowable offer
$14,934
Offer $/acre
$5,811/ac
Projected profit
$7,840
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-891563 | 1.6 | Jul 27, 2026 | $12,300 | 7,915 | 7,872 | 76 |
| IN-693780 | 7.7 | Jun 14, 2026 | $62,500 | 8,080 | 8,577 | 72 |
| IN-542969 | 4.3 | Sep 6, 2025 | $34,800 | 8,091 | 10,363 | 71 |
| IN-751054 | 1.1 | Apr 10, 2025 | $10,000 | 9,354 | 9,759 | 68 |
| IN-581155 | 1.1 | Apr 30, 2025 | $6,600 | 5,722 | 8,794 | 64 |
| IN-923566 | 6.6 | Dec 31, 2025 | $45,800 | 6,926 | 10,149 | 64 |
| IN-953265 | 5.3 | Jul 12, 2025 | $41,600 | 7,812 | 11,533 | 64 |
| IN-603660 | 7.1 | Sep 28, 2024 | $57,100 | 8,053 | 10,587 | 61 |
| IN-603579 | 6.7 | Feb 7, 2024 | $53,800 | 8,057 | 10,817 | 60 |
| IN-110933 | 1.0 | Oct 10, 2024 | $9,700 | 9,849 | 14,363 | 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.