Comparable sales & offer analysis
Parcel IN-594732
Sullivan County, IN · 15.41 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$240,400
Adjusted value
$185,997
Value range
$142,724–$229,270
Comp $/acre
$12,070/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.2% versus the adjusted value.
Offer position
Max allowable offer
$106,284
Offer $/acre
$6,897/ac
Projected profit
$55,799
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-943661 | 7.1 | Jul 27, 2026 | $62,500 | 8,817 | 9,799 | 80 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 13,628 | 79 |
| IN-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 14,095 | 77 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 15,761 | 75 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 8,016 | 75 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 9,859 | 74 |
| IN-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 14,124 | 73 |
| IN-805511 | 27.1 | Mar 23, 2024 | $300,600 | 11,095 | 15,538 | 71 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 11,784 | 71 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 7,968 | 70 |
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.