Comparable sales & offer analysis
Parcel IN-668108
Sullivan County, IN · 178 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,212,000
Adjusted value
$1,099,242
Value range
$903,196–$1,295,289
Comp $/acre
$6,184/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.3% versus the adjusted value.
Offer position
Max allowable offer
$628,138
Offer $/acre
$3,533/ac
Projected profit
$329,773
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 | 5,098 | 80 |
| IN-817622 | 125.0 | Jul 27, 2025 | $807,000 | 6,456 | 6,138 | 79 |
| IN-339663 | 548.4 | Jul 27, 2026 | $2,231,900 | 4,070 | 8,124 | 74 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 6,333 | 72 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 5,112 | 59 |
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.
