Comparable sales & offer analysis
Parcel IN-635717
Washington County, IN · 31.45 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$181,300
Adjusted value
$145,310
Value range
$118,192–$172,428
Comp $/acre
$4,620/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.8% versus the adjusted value.
Offer position
Max allowable offer
$83,034
Offer $/acre
$2,640/ac
Projected profit
$43,593
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-134852 | 16.8 | Jul 27, 2026 | $56,800 | 3,381 | 3,525 | 83 |
| IN-345111 | 20.3 | Jul 27, 2026 | $74,300 | 3,665 | 4,202 | 79 |
| IN-695399 | 25.0 | May 3, 2026 | $135,400 | 5,420 | 4,378 | 78 |
| IN-986506 | 55.7 | Nov 30, 2025 | $231,200 | 4,151 | 3,933 | 76 |
| IN-375478 | 26.4 | Jul 18, 2024 | $141,600 | 5,353 | 3,982 | 73 |
| IN-225597 | 28.8 | Feb 25, 2024 | $175,100 | 6,073 | 6,452 | 70 |
| IN-417296 | 98.7 | Jul 27, 2026 | $365,700 | 3,705 | 5,339 | 68 |
| IN-296349 | 49.7 | May 12, 2024 | $254,500 | 5,121 | 5,056 | 65 |
| IN-604516 | 13.2 | May 31, 2024 | $84,900 | 6,445 | 5,204 | 63 |
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.