Comparable sales & offer analysis
Parcel IN-335478
Sullivan County, IN · 26.45 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$368,000
Adjusted value
$308,672
Value range
$225,888–$391,455
Comp $/acre
$11,670/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.2% versus the adjusted value.
Offer position
Max allowable offer
$176,384
Offer $/acre
$6,669/ac
Projected profit
$92,601
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-985746 | 32.1 | Aug 31, 2025 | $188,200 | 5,859 | 7,798 | 76 |
| IN-576464 | 54.0 | Jul 27, 2026 | $373,900 | 6,920 | 9,663 | 76 |
| IN-805511 | 27.1 | Mar 23, 2024 | $300,600 | 11,095 | 15,206 | 73 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 16,316 | 73 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 11,532 | 70 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 7,844 | 67 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 15,424 | 66 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 11,529 | 62 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 9,648 | 61 |
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.