Comparable sales & offer analysis
Parcel IN-339663
Sullivan County, IN · 548 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,322,500
Adjusted value
$1,622,284
Value range
$1,492,501–$1,752,067
Comp $/acre
$2,958/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +43.2% versus the adjusted value.
Offer position
Max allowable offer
$927,019
Offer $/acre
$1,690/ac
Projected profit
$486,685
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-817622 | 125.0 | Jul 27, 2025 | $807,000 | 6,456 | 3,082 | 69 |
| IN-668108 | 177.8 | Jul 20, 2025 | $1,018,100 | 5,727 | 3,005 | 66 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 3,180 | 65 |
| IN-688111 | 178.2 | Jun 27, 2024 | $832,900 | 4,675 | 2,559 | 65 |
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.