Comparable sales & offer analysis
Parcel IN-324246
Sullivan County, IN · 10.83 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,000
Adjusted value
$119,400
Value range
$90,462–$148,337
Comp $/acre
$11,025/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -42.2% versus the adjusted value.
Offer position
Max allowable offer
$68,228
Offer $/acre
$6,300/ac
Projected profit
$35,820
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-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 12,126 | 80 |
| IN-862984 | 4.3 | Jan 28, 2026 | $25,000 | 5,755 | 5,600 | 77 |
| IN-594732 | 15.4 | Jan 27, 2026 | $249,800 | 16,209 | 14,835 | 77 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 14,024 | 76 |
| IN-943661 | 7.1 | Jul 27, 2026 | $62,500 | 8,817 | 8,719 | 76 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 10,485 | 75 |
| IN-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 12,541 | 73 |
| IN-335478 | 26.4 | Feb 7, 2026 | $355,900 | 13,454 | 12,567 | 70 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 10,483 | 70 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 8,772 | 69 |
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.