Comparable sales & offer analysis
Parcel IN-498711
Lake County, IN · 275 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$684,400
Adjusted value
$899,470
Value range
$787,441–$1,011,499
Comp $/acre
$3,269/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.9% versus the adjusted value.
Offer position
Max allowable offer
$513,983
Offer $/acre
$1,868/ac
Projected profit
$269,841
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-758745 | 282.0 | May 9, 2026 | $1,412,300 | 5,008 | 3,177 | 81 |
| IN-378355 | 212.6 | Jul 27, 2026 | $772,500 | 3,634 | 2,927 | 81 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 2,728 | 80 |
| IN-489739 | 579.4 | Jan 5, 2025 | $1,690,100 | 2,917 | 3,359 | 71 |
| IN-449258 | 408.9 | Jun 10, 2024 | $1,472,400 | 3,601 | 3,773 | 67 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 3,858 | 66 |
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.