Comparable sales & offer analysis
Parcel IN-862984
Sullivan County, IN · 4.34 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$30,200
Adjusted value
$44,287
Value range
$32,326–$56,249
Comp $/acre
$10,204/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.8% versus the adjusted value.
Offer position
Max allowable offer
$25,307
Offer $/acre
$5,831/ac
Projected profit
$13,286
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 | 13,255 | 84 |
| IN-282201 | 2.5 | Jul 27, 2026 | $20,900 | 8,490 | 5,924 | 82 |
| IN-983627 | 6.9 | Jul 27, 2026 | $100,000 | 14,448 | 12,816 | 79 |
| IN-943661 | 7.1 | Jul 27, 2026 | $62,500 | 8,817 | 9,215 | 76 |
| IN-324246 | 10.8 | Aug 19, 2025 | $73,800 | 6,811 | 7,538 | 75 |
| IN-993812 | 7.9 | Nov 28, 2025 | $112,500 | 14,227 | 11,082 | 71 |
| IN-413717 | 7.4 | Aug 24, 2024 | $56,700 | 7,672 | 7,359 | 68 |
| IN-243854 | 8.2 | Apr 28, 2025 | $81,500 | 9,986 | 11,079 | 66 |
| IN-214253 | 10.9 | Jul 21, 2025 | $206,100 | 18,929 | 14,823 | 63 |
| IN-584442 | 12.5 | Jul 28, 2024 | $78,300 | 6,273 | 9,272 | 57 |
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.