Comparable sales & offer analysis
Parcel IN-758745
Lake County, IN · 282 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,599,400
Adjusted value
$1,444,732
Value range
$1,236,176–$1,653,289
Comp $/acre
$5,123/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.7% versus the adjusted value.
Offer position
Max allowable offer
$825,561
Offer $/acre
$2,927/ac
Projected profit
$433,420
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 | 4,665 | 78 |
| IN-498711 | 275.1 | Jul 23, 2025 | $717,900 | 2,609 | 4,369 | 77 |
| IN-449258 | 408.9 | Jun 10, 2024 | $1,472,400 | 3,601 | 6,016 | 71 |
| IN-887345 | 102.3 | Jun 27, 2026 | $360,600 | 3,525 | 4,349 | 68 |
| IN-978053 | 170.8 | Jul 17, 2024 | $989,400 | 5,792 | 6,152 | 67 |
| IN-489739 | 579.4 | Jan 5, 2025 | $1,690,100 | 2,917 | 5,356 | 63 |
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.