Recommended asking price

$—

Lowassessed floor Moderatearea $/ac comps Highdirect Beacon sale
Subject parcel · satelliteinteractive → static fallback
Satellite — subject farm parcel with boundary

Value range & condition band

Valuationkey · value
What drives the number
02Subject property

An improved cash-grain farm.

Parcel boundary · medium zoomLeaflet · Esri World Imagery
Subject farm parcel boundary
Record · Clark Beacon · parcel 10-03-15-200-005.000-003
03Comparable sales

What large-acreage farm ground trades for.

A 122-ac cash-grain farm is valued on tillable cropland $/acre, not the small-homesite $/ac that governs 2–6-ac parcels — so this is a single large-acreage farm / ag-land comp class. Sales near the subject (Zillow recorded-sold, Beacon-cross-checked), each time-adjusted −6%/yr (red chip = farmland softening). Subject pinned at top.

Primary

Adjusted $/acre · subject reference line

adopted $7,300/ac dashed

Adjusted sale vs acreage

subject ★ in blue
subject farm / ag-land comp
Farm / ag-land comps
04Time adjustment

Every sale, restated to today.

Each farm comp is brought to the as-of date: SE-Indiana farmland softening (Purdue, red ▼), applied per comp. All comps here are land / farm, so the single −6%/yr land rate applies throughout.

farmland / ag · direction down

formula

Per-comp time adjustment

farmland marked down ▼ red
farmland marked down (−6%/yr)
05Active listings

Today's order book.

Current competing supply — large-acreage improved farms and bare ag land. Figure shows the ask; the chip shows days-on-market.

Active listings

06Clark Beacon × Zillow cross-verification

Every record, checked twice.

Clark County exposes sale price directly (Beacon GetVectorLayer, anonymous). Each Zillow comp was looked up in Beacon by coordinate to cross-check acreage, sale price and improved-vs-vacant status — so the report does not rely on Zillow alone.

CompZillow acBeacon ac (at pin)Zillow sale $Beacon sale $Beacon parcelCross-check

realtor.com (MLS) cross-verification

A third, MLS-fed read.

An independent third source — realtor.com's MLS-fed sold records (RDC Frontdoor, read-only) — checked against the Zillow + Beacon figure for each comp realtor.com carries. The same realtor.com listings supply the MLS photo thumbnails in the comp set above.

CompRecorded $ (Zillow/Beacon)realtor.com $realtor.com date3-way verdictSource

Source

07Regional map

The neighborhood, at a glance.

Subject, sold farm comps, active listings, and the 5 / 10 / 15-mile rings (a large-farm comp set is necessarily regional). Tap any marker for sale data and both records links.

Regional comps · interactiveLeaflet · OpenStreetMap
Regional comps map
Subject Sold farm comp Active listing 5 · 10 · 15-mi rings

Proximity: comps + listings by ring

subject at center
08Reconciliation

Land plus improvements, one number.

A farm buildup: tillable + non-tillable land ($/ac × acreage) plus contributory farmstead improvements, cross-checked against an active improved-farm listing, with the assessed total as a floor.

ComponentTagComputationIndicated

Where the number lands

buildup · cross-check · floor
recommended $1,200,000 defensible $1.025M–$1.4M land + improvements buildup active-farm check · assessed floor

09Methodology & caveats

The work behind the opinion.

The analysis pipeline, the limits of a desktop CMA, and full source provenance.

    Sources