Comparable sales & offer analysis
Parcel IN-214253
Sullivan County, IN · 10.89 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$194,100
Adjusted value
$162,221
Value range
$124,420–$200,021
Comp $/acre
$14,896/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.7% versus the adjusted value.
Offer position
Max allowable offer
$92,698
Offer $/acre
$8,512/ac
Projected profit
$48,666
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-943661 | 7.1 | Jul 27, 2026 | $62,500 | 8,817 | 12,363 | 80 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 17,193 | 80 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 21,035 | 78 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 10,113 | 76 |
| IN-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 17,783 | 74 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 14,864 | 73 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 14,868 | 73 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 12,439 | 71 |
| IN-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 17,820 | 69 |
| IN-413717 | 7.4 | Aug 24, 2024 | $56,700 | 7,672 | 9,873 | 66 |
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.