Comparable sales & offer analysis
Parcel IN-243854
Sullivan County, IN · 8.16 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$80,600
Adjusted value
$81,553
Value range
$58,718–$104,387
Comp $/acre
$9,994/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.2% versus the adjusted value.
Offer position
Max allowable offer
$46,602
Offer $/acre
$5,711/ac
Projected profit
$24,466
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 | 8,806 | 90 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 12,247 | 84 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 10,590 | 82 |
| IN-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 12,666 | 82 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 14,164 | 74 |
| IN-413717 | 7.4 | Aug 24, 2024 | $56,700 | 7,672 | 7,032 | 73 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 14,983 | 73 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 7,203 | 71 |
| IN-282201 | 2.5 | Jul 27, 2026 | $20,900 | 8,490 | 5,660 | 70 |
| IN-862984 | 4.3 | Jan 28, 2026 | $25,000 | 5,755 | 5,656 | 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.