Comparable sales & offer analysis
Parcel IN-378355
Lake County, IN · 213 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$809,800
Adjusted value
$878,036
Value range
$762,924–$993,148
Comp $/acre
$4,130/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.8% versus the adjusted value.
Offer position
Max allowable offer
$501,735
Offer $/acre
$2,360/ac
Projected profit
$263,411
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 | 3,976 | 75 |
| IN-498711 | 275.1 | Jul 23, 2025 | $717,900 | 2,609 | 3,429 | 74 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 3,414 | 72 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 4,548 | 70 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 4,828 | 66 |
| IN-489739 | 579.4 | Jan 5, 2025 | $1,690,100 | 2,917 | 4,204 | 62 |
| IN-449258 | 408.9 | Jun 10, 2024 | $1,472,400 | 3,601 | 4,721 | 59 |
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.