Comparable sales & offer analysis
Parcel IN-805511
Sullivan County, IN · 27.09 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$327,400
Adjusted value
$253,054
Value range
$187,302–$318,805
Comp $/acre
$9,341/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.4% versus the adjusted value.
Offer position
Max allowable offer
$144,602
Offer $/acre
$5,338/ac
Projected profit
$75,916
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-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 11,158 | 82 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 13,171 | 79 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 6,295 | 79 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 7,801 | 72 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 6,332 | 67 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 12,451 | 65 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 9,307 | 63 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 7,788 | 63 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 9,309 | 62 |
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.