Comparable sales & offer analysis
Parcel IN-386472
Lake County, IN · 54.34 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$377,800
Adjusted value
$401,000
Value range
$363,726–$438,274
Comp $/acre
$7,379/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$229,143
Offer $/acre
$4,217/ac
Projected profit
$120,300
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-426616 | 60.3 | Jul 27, 2026 | $446,200 | 7,397 | 7,620 | 86 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 7,872 | 80 |
| IN-896491 | 55.1 | Sep 8, 2025 | $462,100 | 8,387 | 7,815 | 78 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 5,909 | 77 |
| IN-575691 | 30.9 | Jul 27, 2026 | $201,500 | 6,529 | 7,232 | 75 |
| IN-175686 | 30.8 | Dec 14, 2024 | $181,100 | 5,888 | 6,958 | 64 |
| IN-545645 | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 7,384 | 63 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 8,357 | 58 |
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.