Comparable sales & offer analysis
Parcel IN-296349
Washington County, IN · 49.71 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$287,300
Adjusted value
$250,078
Value range
$200,594–$299,562
Comp $/acre
$5,031/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.9% versus the adjusted value.
Offer position
Max allowable offer
$142,902
Offer $/acre
$2,875/ac
Projected profit
$75,023
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-986506 | 55.7 | Nov 30, 2025 | $231,200 | 4,151 | 4,386 | 77 |
| IN-697907 | 153.7 | Jul 27, 2026 | $569,300 | 3,704 | 4,876 | 74 |
| IN-345111 | 20.3 | Jul 27, 2026 | $74,300 | 3,665 | 4,686 | 74 |
| IN-417296 | 98.7 | Jul 27, 2026 | $365,700 | 3,705 | 5,954 | 74 |
| IN-635717 | 31.4 | Dec 11, 2025 | $166,800 | 5,304 | 6,083 | 72 |
| IN-134852 | 16.8 | Jul 27, 2026 | $56,800 | 3,381 | 3,931 | 70 |
| IN-695399 | 25.0 | May 3, 2026 | $135,400 | 5,420 | 4,883 | 69 |
| IN-225597 | 28.8 | Feb 25, 2024 | $175,100 | 6,073 | 7,192 | 67 |
| IN-375478 | 26.4 | Jul 18, 2024 | $141,600 | 5,353 | 4,440 | 65 |
| IN-757880 | 150.7 | Dec 23, 2025 | $249,100 | 1,653 | 3,837 | 64 |
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.