Comparable sales & offer analysis
Parcel IN-688111
Sullivan County, IN · 178 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$969,600
Adjusted value
$1,144,598
Value range
$971,924–$1,317,272
Comp $/acre
$6,425/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.3% versus the adjusted value.
Offer position
Max allowable offer
$654,056
Offer $/acre
$3,671/ac
Projected profit
$343,379
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-668108 | 177.8 | Jul 20, 2025 | $1,018,100 | 5,727 | 6,013 | 84 |
| IN-817622 | 125.0 | Jul 27, 2025 | $807,000 | 6,456 | 6,167 | 82 |
| IN-339663 | 548.4 | Jul 27, 2026 | $2,231,900 | 4,070 | 8,165 | 76 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 6,365 | 69 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 5,136 | 57 |
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.