Comparable sales & offer analysis
Parcel IN-668108
Sullivan County, IN · 178 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,212,000
Adjusted value
$1,104,434
Value range
$907,371–$1,301,496
Comp $/acre
$6,213/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.7% versus the adjusted value.
Offer position
Max allowable offer
$631,105
Offer $/acre
$3,550/ac
Projected profit
$331,330
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-688111 | 178.2 | Jun 27, 2024 | $832,900 | 4,675 | 5,124 | 80 |
| IN-817622 | 125.0 | Jul 27, 2025 | $807,000 | 6,456 | 6,171 | 78 |
| IN-339663 | 548.4 | Jul 27, 2026 | $2,231,900 | 4,070 | 8,170 | 72 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 6,369 | 70 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 5,139 | 58 |
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.
