Comparable sales & offer analysis
Parcel IN-576464
Sullivan County, IN · 54.03 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$413,600
Adjusted value
$410,317
Value range
$297,590–$523,043
Comp $/acre
$7,594/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.8% versus the adjusted value.
Offer position
Max allowable offer
$234,467
Offer $/acre
$4,340/ac
Projected profit
$123,095
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-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 9,975 | 72 |
| IN-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 5,628 | 70 |
| IN-817622 | 125.0 | Jul 27, 2025 | $807,000 | 6,456 | 6,758 | 68 |
| IN-668108 | 177.8 | Jul 20, 2025 | $1,018,100 | 5,727 | 6,589 | 63 |
| IN-805511 | 27.1 | Mar 23, 2024 | $300,600 | 11,095 | 10,974 | 60 |
| IN-688111 | 178.2 | Jun 27, 2024 | $832,900 | 4,675 | 5,611 | 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.