Comparable sales & offer analysis
Parcel IN-986506
Washington County, IN · 55.70 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$267,000
Adjusted value
$281,152
Value range
$227,740–$334,564
Comp $/acre
$5,048/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.0% versus the adjusted value.
Offer position
Max allowable offer
$160,658
Offer $/acre
$2,884/ac
Projected profit
$84,345
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-417296 | 98.7 | Jul 27, 2026 | $365,700 | 3,705 | 5,835 | 76 |
| IN-635717 | 31.4 | Dec 11, 2025 | $166,800 | 5,304 | 5,961 | 76 |
| IN-134852 | 16.8 | Jul 27, 2026 | $56,800 | 3,381 | 3,853 | 75 |
| IN-695399 | 25.0 | May 3, 2026 | $135,400 | 5,420 | 4,785 | 75 |
| IN-697907 | 153.7 | Jul 27, 2026 | $569,300 | 3,704 | 4,779 | 73 |
| IN-296349 | 49.7 | May 12, 2024 | $254,500 | 5,121 | 5,523 | 70 |
| IN-345111 | 20.3 | Jul 27, 2026 | $74,300 | 3,665 | 4,593 | 69 |
| IN-375478 | 26.4 | Jul 18, 2024 | $141,600 | 5,353 | 4,351 | 66 |
| IN-757880 | 150.7 | Dec 23, 2025 | $249,100 | 1,653 | 3,760 | 65 |
| IN-225597 | 28.8 | Feb 25, 2024 | $175,100 | 6,073 | 7,048 | 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.