Comparable sales & offer analysis
Parcel IN-481291
Lake County, IN · 1.27 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,900
Adjusted value
$11,795
Value range
$9,018–$14,571
Comp $/acre
$9,287/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.4% versus the adjusted value.
Offer position
Max allowable offer
$6,740
Offer $/acre
$5,307/ac
Projected profit
$3,538
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-790101 | 0.5 | Jun 1, 2026 | $4,300 | 7,972 | 7,135 | 69 |
| IN-671992 | 2.1 | Nov 24, 2025 | $18,000 | 8,487 | 7,885 | 68 |
| IN-981909 | 2.0 | Jan 30, 2024 | $11,400 | 5,721 | 9,892 | 67 |
| IN-970422 | 0.7 | Aug 25, 2025 | $5,600 | 8,276 | 13,283 | 66 |
| IN-502957 | 4.3 | Jan 26, 2026 | $21,700 | 5,092 | 8,322 | 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.