Comparable sales & offer analysis
Parcel IN-848478
White County, IN · 232 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$869,400
Adjusted value
$892,871
Value range
$739,288–$1,046,454
Comp $/acre
$3,842/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.6% versus the adjusted value.
Offer position
Max allowable offer
$510,212
Offer $/acre
$2,195/ac
Projected profit
$267,861
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-188148 | 183.0 | Dec 13, 2024 | $782,200 | 4,275 | 4,279 | 82 |
| IN-847246 | 95.2 | Jul 27, 2026 | $497,900 | 5,230 | 3,678 | 78 |
| IN-997358 | 103.3 | Jul 27, 2026 | $452,900 | 4,386 | 4,368 | 75 |
| IN-407320 | 100.5 | Mar 23, 2026 | $495,400 | 4,932 | 3,448 | 73 |
| IN-429832 | 619.8 | Jul 27, 2026 | $1,426,000 | 2,301 | 4,756 | 72 |
| IN-359071 | 357.1 | Apr 27, 2025 | $767,500 | 2,149 | 3,961 | 71 |
| IN-689145 | 376.8 | Jan 3, 2025 | $665,300 | 1,766 | 2,744 | 69 |
| IN-667351 | 102.7 | Nov 25, 2024 | $184,900 | 1,800 | 2,818 | 67 |
| IN-179892 | 647.3 | Jul 19, 2024 | $2,656,700 | 4,104 | 4,405 | 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.