Comparable sales & offer analysis
Parcel IN-264246
Lake County, IN · 10.83 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$119,700
Adjusted value
$108,013
Value range
$99,372–$116,654
Comp $/acre
$9,973/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.8% versus the adjusted value.
Offer position
Max allowable offer
$61,722
Offer $/acre
$5,699/ac
Projected profit
$32,404
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-575691 | 30.9 | Jul 27, 2026 | $201,500 | 6,529 | 10,258 | 75 |
| IN-434480 | 12.8 | Feb 9, 2024 | $88,200 | 6,866 | 10,632 | 73 |
| IN-502957 | 4.3 | Jan 26, 2026 | $21,700 | 5,092 | 8,594 | 68 |
| IN-175686 | 30.8 | Dec 14, 2024 | $181,100 | 5,888 | 9,870 | 62 |
| IN-545645 | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 10,474 | 61 |
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.