Comparable sales & offer analysis
Parcel IN-575691
Lake County, IN · 30.86 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$195,800
Adjusted value
$201,671
Value range
$180,904–$222,438
Comp $/acre
$6,535/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$115,241
Offer $/acre
$3,734/ac
Projected profit
$60,501
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-175686 | 30.8 | Dec 14, 2024 | $181,100 | 5,888 | 6,298 | 84 |
| IN-545645 | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 6,684 | 78 |
| IN-426616 | 60.3 | Jul 27, 2026 | $446,200 | 7,397 | 6,895 | 77 |
| IN-264246 | 10.8 | Jun 30, 2026 | $121,700 | 11,241 | 7,248 | 75 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 7,123 | 75 |
| IN-386472 | 54.3 | May 4, 2026 | $318,500 | 5,861 | 5,396 | 74 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 5,347 | 74 |
| IN-896491 | 55.1 | Sep 8, 2025 | $462,100 | 8,387 | 7,072 | 71 |
| IN-434480 | 12.8 | Feb 9, 2024 | $88,200 | 6,866 | 6,785 | 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.