Comparable sales & offer analysis
Parcel IN-407072
Parke County, IN · 83.93 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$641,200
Adjusted value
$517,952
Value range
$427,230–$608,675
Comp $/acre
$6,171/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.8% versus the adjusted value.
Offer position
Max allowable offer
$295,973
Offer $/acre
$3,526/ac
Projected profit
$155,386
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-215911 | 36.2 | Jul 27, 2026 | $207,200 | 5,724 | 5,704 | 77 |
| IN-516005 | 38.8 | Sep 21, 2025 | $217,900 | 5,623 | 4,991 | 69 |
| IN-618542 | 243.4 | Feb 14, 2026 | $1,340,900 | 5,508 | 6,435 | 68 |
| IN-946347 | 49.6 | Jul 17, 2024 | $407,100 | 8,202 | 6,875 | 67 |
| IN-798550 | 244.9 | Nov 2, 2025 | $885,800 | 3,618 | 5,859 | 66 |
| IN-957786 | 140.8 | Feb 27, 2024 | $760,200 | 5,400 | 5,863 | 65 |
| IN-657837 | 146.1 | Oct 8, 2023 | $1,129,000 | 7,729 | 8,197 | 64 |
| IN-426369 | 50.4 | Aug 31, 2024 | $291,100 | 5,771 | 5,682 | 63 |
| IN-415506 | 27.0 | Sep 9, 2025 | $198,500 | 7,354 | 4,486 | 61 |
| IN-985897 | 35.8 | Mar 27, 2025 | $308,700 | 8,615 | 7,781 | 60 |
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.