Comparable sales & offer analysis
Parcel IN-197979
Randolph County, IN · 162 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,061,300
Adjusted value
$909,694
Value range
$748,168–$1,071,220
Comp $/acre
$5,619/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.7% versus the adjusted value.
Offer position
Max allowable offer
$519,825
Offer $/acre
$3,211/ac
Projected profit
$272,908
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-188354 | 212.4 | Aug 20, 2025 | $484,800 | 2,282 | 4,455 | 72 |
| IN-867146 | 88.5 | Apr 20, 2026 | $408,500 | 4,614 | 5,513 | 70 |
| IN-107140 | 88.2 | Sep 11, 2024 | $668,500 | 7,582 | 5,978 | 66 |
| IN-248806 | 294.8 | Aug 20, 2024 | $1,308,100 | 4,438 | 4,688 | 65 |
| IN-828868 | 308.3 | Jan 20, 2025 | $1,417,900 | 4,599 | 7,122 | 65 |
| IN-779085 | 360.8 | Jul 28, 2024 | $1,824,700 | 5,058 | 6,933 | 62 |
| IN-889655 | 545.2 | Jun 10, 2025 | $1,480,500 | 2,716 | 4,790 | 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.