Comparable sales & offer analysis
Parcel IN-214253
Sullivan County, IN · 10.89 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$194,100
Adjusted value
$159,540
Value range
$118,910–$200,170
Comp $/acre
$14,650/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.7% versus the adjusted value.
Offer position
Max allowable offer
$91,166
Offer $/acre
$8,371/ac
Projected profit
$47,862
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 | 12,294 | 81 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 17,098 | 81 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 20,921 | 79 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 10,059 | 77 |
| IN-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 17,684 | 75 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 14,787 | 74 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 14,785 | 74 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 12,375 | 71 |
| IN-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 17,723 | 70 |
| IN-862984 | 4.3 | Jan 28, 2026 | $25,000 | 5,755 | 7,897 | 67 |
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.