Comparable sales & offer analysis
Parcel IN-345111
Washington County, IN · 20.27 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,100
Adjusted value
$83,826
Value range
$69,166–$98,485
Comp $/acre
$4,135/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.6% versus the adjusted value.
Offer position
Max allowable offer
$47,900
Offer $/acre
$2,363/ac
Projected profit
$25,148
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 | 3,098 | 80 |
| IN-695399 | 25.0 | May 3, 2026 | $135,400 | 5,420 | 3,848 | 78 |
| IN-635717 | 31.4 | Dec 11, 2025 | $166,800 | 5,304 | 4,794 | 73 |
| IN-283597 | 6.8 | May 9, 2026 | $42,600 | 6,289 | 3,935 | 70 |
| IN-375478 | 26.4 | Jul 18, 2024 | $141,600 | 5,353 | 3,499 | 70 |
| IN-225597 | 28.8 | Feb 25, 2024 | $175,100 | 6,073 | 5,668 | 69 |
| IN-623922 | 8.6 | Feb 21, 2026 | $59,500 | 6,945 | 4,242 | 68 |
| IN-604516 | 13.2 | May 31, 2024 | $84,900 | 6,445 | 4,572 | 64 |
| IN-986506 | 55.7 | Nov 30, 2025 | $231,200 | 4,151 | 3,456 | 64 |
| IN-296349 | 49.7 | May 12, 2024 | $254,500 | 5,121 | 4,442 | 62 |
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.