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Comparable sales & offer analysis

Parcel IN-672426

Allen County, IN · 2.90 ac · Unzoned · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$19,900
Adjusted value
$22,182
Value range
$16,655–$27,710
Comp $/acre
$7,649/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.3% versus the adjusted value.

Offer position

Max allowable offer
$12,676
Offer $/acre
$4,371/ac
Projected profit
$6,655
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
IN-6712541.2Jul 27, 2026$6,1004,9114,86883
IN-9020382.2Jul 27, 2026$11,4005,2245,21281
IN-7522762.6Jan 30, 2025$15,1005,8229,13776
IN-3530804.7Feb 4, 2026$28,6006,1287,44775
IN-5235896.7Jul 27, 2026$40,6006,0276,29274
IN-5520672.2Nov 10, 2024$15,3006,88110,85369
IN-5340859.6Jul 27, 2026$83,4008,6529,22769
IN-1037487.5Jul 27, 2026$50,0006,6229,52568
IN-6708400.9Mar 27, 2026$5,6006,0338,26867
IN-2916731.7Dec 16, 2024$7,7004,5606,62867
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.