Comparable sales & offer analysis
Parcel IN-817622
Sullivan County, IN · 125 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$838,900
Adjusted value
$958,830
Value range
$721,996–$1,195,664
Comp $/acre
$7,670/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$547,903
Offer $/acre
$4,383/ac
Projected profit
$287,649
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 | 6,573 | 79 |
| IN-688111 | 178.2 | Jun 27, 2024 | $832,900 | 4,675 | 5,599 | 78 |
| IN-339663 | 548.4 | Jul 27, 2026 | $2,231,900 | 4,070 | 8,923 | 77 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 6,956 | 76 |
| IN-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 9,950 | 72 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 5,614 | 61 |
| IN-805511 | 27.1 | Mar 23, 2024 | $300,600 | 11,095 | 10,951 | 51 |
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.