Comparable sales & offer analysis
Parcel IN-697907
Washington County, IN · 154 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$676,900
Adjusted value
$590,688
Value range
$491,935–$689,440
Comp $/acre
$3,844/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.6% versus the adjusted value.
Offer position
Max allowable offer
$337,536
Offer $/acre
$2,196/ac
Projected profit
$177,206
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-757880 | 150.7 | Dec 23, 2025 | $249,100 | 1,653 | 2,937 | 79 |
| IN-417296 | 98.7 | Jul 27, 2026 | $365,700 | 3,705 | 4,559 | 75 |
| IN-986506 | 55.7 | Nov 30, 2025 | $231,200 | 4,151 | 3,357 | 68 |
| IN-296349 | 49.7 | May 12, 2024 | $254,500 | 5,121 | 4,315 | 63 |
| IN-739345 | 435.5 | Aug 14, 2024 | $1,077,100 | 2,473 | 4,220 | 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.