Comparable sales & offer analysis
Parcel IN-449258
Lake County, IN · 409 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,702,200
Adjusted value
$1,365,541
Value range
$1,203,060–$1,528,021
Comp $/acre
$3,339/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.7% versus the adjusted value.
Offer position
Max allowable offer
$780,309
Offer $/acre
$1,908/ac
Projected profit
$409,662
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-758745 | 282.0 | May 9, 2026 | $1,412,300 | 5,008 | 3,309 | 81 |
| IN-498711 | 275.1 | Jul 23, 2025 | $717,900 | 2,609 | 2,855 | 72 |
| IN-378355 | 212.6 | Jul 27, 2026 | $772,500 | 3,634 | 3,048 | 72 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 4,020 | 70 |
| IN-489739 | 579.4 | Jan 5, 2025 | $1,690,100 | 2,917 | 3,500 | 67 |
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.