Comparable sales & offer analysis
Parcel IN-498426
Grant County, IN · 224 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,276,700
Adjusted value
$1,367,986
Value range
$1,206,594–$1,529,377
Comp $/acre
$6,112/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.7% versus the adjusted value.
Offer position
Max allowable offer
$781,706
Offer $/acre
$3,493/ac
Projected profit
$410,396
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-527134 | 87.8 | Jul 27, 2026 | $867,300 | 9,880 | 5,579 | 77 |
| IN-287311 | 99.8 | Jul 27, 2026 | $438,200 | 4,391 | 5,222 | 73 |
| IN-117623 | 125.1 | Sep 10, 2025 | $1,428,200 | 11,416 | 7,299 | 72 |
| IN-587707 | 132.9 | Mar 12, 2025 | $931,800 | 7,008 | 6,372 | 69 |
| IN-546308 | 48.3 | Sep 11, 2025 | $416,900 | 8,638 | 6,159 | 66 |
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.