Comparable sales & offer analysis
Parcel IN-862984
Sullivan County, IN · 4.34 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$30,200
Adjusted value
$44,057
Value range
$32,158–$55,957
Comp $/acre
$10,151/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.5% versus the adjusted value.
Offer position
Max allowable offer
$25,176
Offer $/acre
$5,801/ac
Projected profit
$13,217
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-973210 | 5.1 | Jul 27, 2026 | $66,100 | 12,907 | 13,182 | 85 |
| IN-282201 | 2.5 | Jul 27, 2026 | $20,900 | 8,490 | 5,891 | 84 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 12,745 | 81 |
| IN-943661 | 7.1 | Jul 27, 2026 | $62,500 | 8,817 | 9,164 | 77 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 7,498 | 75 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 11,023 | 72 |
| IN-413717 | 7.4 | Aug 24, 2024 | $56,700 | 7,672 | 7,321 | 68 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 11,021 | 66 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 14,744 | 63 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 9,224 | 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.