Comparable sales & offer analysis
Parcel IN-978053
Lake County, IN · 171 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,093,300
Adjusted value
$894,945
Value range
$786,306–$1,003,584
Comp $/acre
$5,239/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.2% versus the adjusted value.
Offer position
Max allowable offer
$511,397
Offer $/acre
$2,994/ac
Projected profit
$268,483
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-378355 | 212.6 | Jul 27, 2026 | $772,500 | 3,634 | 4,776 | 79 |
| IN-758745 | 282.0 | May 9, 2026 | $1,412,300 | 5,008 | 5,185 | 77 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 4,452 | 76 |
| IN-426616 | 60.3 | Jul 27, 2026 | $446,200 | 7,397 | 5,741 | 75 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 5,931 | 74 |
| IN-498711 | 275.1 | Jul 23, 2025 | $717,900 | 2,609 | 4,473 | 70 |
| IN-449258 | 408.9 | Jun 10, 2024 | $1,472,400 | 3,601 | 6,159 | 69 |
| IN-386472 | 54.3 | May 4, 2026 | $318,500 | 5,861 | 4,493 | 68 |
| IN-896491 | 55.1 | Sep 8, 2025 | $462,100 | 8,387 | 5,889 | 60 |
| IN-489739 | 579.4 | Jan 5, 2025 | $1,690,100 | 2,917 | 5,484 | 55 |
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.