Comparable sales & offer analysis
Parcel IN-887345
Lake County, IN · 102 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$389,800
Adjusted value
$437,038
Value range
$388,172–$485,905
Comp $/acre
$4,273/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.8% versus the adjusted value.
Offer position
Max allowable offer
$249,736
Offer $/acre
$2,442/ac
Projected profit
$131,112
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 | 4,572 | 79 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 4,723 | 79 |
| IN-386472 | 54.3 | May 4, 2026 | $318,500 | 5,861 | 3,578 | 76 |
| IN-575691 | 30.9 | Jul 27, 2026 | $201,500 | 6,529 | 4,338 | 75 |
| IN-498711 | 275.1 | Jul 23, 2025 | $717,900 | 2,609 | 3,562 | 74 |
| IN-378355 | 212.6 | Jul 27, 2026 | $772,500 | 3,634 | 3,803 | 74 |
| IN-896491 | 55.1 | Sep 8, 2025 | $462,100 | 8,387 | 4,689 | 68 |
| IN-758745 | 282.0 | May 9, 2026 | $1,412,300 | 5,008 | 4,129 | 67 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 5,016 | 64 |
| IN-545645 | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 4,432 | 64 |
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.