Comparable sales & offer analysis
Parcel IN-353223
White County, IN · 5.16 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$31,300
Adjusted value
$41,029
Value range
$34,354–$47,704
Comp $/acre
$7,951/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.7% versus the adjusted value.
Offer position
Max allowable offer
$23,445
Offer $/acre
$4,544/ac
Projected profit
$12,309
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-103201 | 5.1 | Oct 10, 2025 | $36,800 | 7,251 | 7,522 | 81 |
| IN-413366 | 5.7 | Sep 30, 2025 | $61,600 | 10,743 | 11,256 | 79 |
| IN-613802 | 7.8 | Mar 25, 2026 | $30,900 | 3,935 | 7,125 | 76 |
| IN-782790 | 3.8 | Mar 1, 2026 | $41,200 | 10,927 | 9,061 | 76 |
| IN-642669 | 3.5 | Jan 3, 2026 | $24,000 | 6,940 | 7,046 | 76 |
| IN-312753 | 3.7 | Mar 17, 2025 | $16,500 | 4,506 | 8,188 | 74 |
| IN-872744 | 3.6 | Aug 24, 2025 | $31,800 | 8,705 | 7,613 | 73 |
| IN-942240 | 2.5 | May 19, 2026 | $13,800 | 5,457 | 7,397 | 73 |
| IN-782434 | 2.9 | Jul 27, 2026 | $15,500 | 5,300 | 7,154 | 72 |
| IN-254867 | 17.0 | Jun 7, 2026 | $105,200 | 6,189 | 6,863 | 70 |
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.