Comparable sales & offer analysis
Parcel IN-896491
Lake County, IN · 55.10 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$436,800
Adjusted value
$440,550
Value range
$390,938–$490,162
Comp $/acre
$7,995/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.9% versus the adjusted value.
Offer position
Max allowable offer
$251,743
Offer $/acre
$4,569/ac
Projected profit
$132,165
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 | 8,546 | 86 |
| IN-526891 | 73.6 | Jul 27, 2026 | $425,700 | 5,782 | 8,828 | 86 |
| IN-386472 | 54.3 | May 4, 2026 | $318,500 | 5,861 | 6,688 | 83 |
| IN-575691 | 30.9 | Jul 27, 2026 | $201,500 | 6,529 | 8,110 | 77 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 6,627 | 73 |
| IN-175686 | 30.8 | Dec 14, 2024 | $181,100 | 5,888 | 7,803 | 64 |
| IN-545645 | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 8,281 | 64 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 9,372 | 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.