Comparable sales & offer analysis
Parcel IN-603294
Washington County, IN · 5.44 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$36,500
Adjusted value
$36,889
Value range
$31,466–$42,313
Comp $/acre
$6,781/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.1% versus the adjusted value.
Offer position
Max allowable offer
$21,080
Offer $/acre
$3,875/ac
Projected profit
$11,067
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-283597 | 6.8 | May 9, 2026 | $42,600 | 6,289 | 6,471 | 87 |
| IN-982328 | 2.7 | Jul 27, 2026 | $17,300 | 6,416 | 7,328 | 78 |
| IN-941963 | 2.1 | Mar 14, 2026 | $15,700 | 7,581 | 8,738 | 76 |
| IN-623922 | 8.6 | Feb 21, 2026 | $59,500 | 6,945 | 6,976 | 75 |
| IN-132856 | 4.0 | Oct 23, 2025 | $29,800 | 7,514 | 6,531 | 74 |
| IN-643063 | 4.6 | Dec 2, 2024 | $24,600 | 5,351 | 5,703 | 73 |
| IN-134852 | 16.8 | Jul 27, 2026 | $56,800 | 3,381 | 5,095 | 67 |
| IN-632229 | 2.5 | Jan 10, 2024 | $10,200 | 4,046 | 6,002 | 64 |
| IN-552091 | 2.3 | Oct 30, 2024 | $11,800 | 5,202 | 7,465 | 57 |
| IN-604516 | 13.2 | May 31, 2024 | $84,900 | 6,445 | 7,519 | 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.