Comparable sales & offer analysis
Parcel IN-726220
Randolph County, IN · 45.28 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$254,400
Adjusted value
$271,721
Value range
$231,590–$311,852
Comp $/acre
$6,001/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.4% versus the adjusted value.
Offer position
Max allowable offer
$155,269
Offer $/acre
$3,429/ac
Projected profit
$81,516
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-867146 | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 6,171 | 77 |
| IN-356146 | 42.9 | Aug 7, 2024 | $246,600 | 5,747 | 4,905 | 77 |
| IN-355168 | 21.1 | Jul 27, 2026 | $209,800 | 9,927 | 6,215 | 71 |
| IN-504440 | 12.5 | Jul 27, 2026 | $86,900 | 6,972 | 5,710 | 70 |
| IN-107140 | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 6,691 | 67 |
| IN-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 4,986 | 61 |
| IN-584046 | 9.4 | Nov 9, 2025 | $49,400 | 5,273 | 5,047 | 61 |
| IN-197979 | 161.9 | May 10, 2025 | $969,000 | 5,985 | 7,092 | 58 |
| IN-734154 | 10.1 | Sep 29, 2024 | $89,700 | 8,850 | 7,660 | 52 |
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.
