Comparable sales & offer analysis
Parcel IN-957786
Parke County, IN · 141 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$840,900
Adjusted value
$987,229
Value range
$844,902–$1,129,556
Comp $/acre
$7,013/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.8% versus the adjusted value.
Offer position
Max allowable offer
$564,131
Offer $/acre
$4,007/ac
Projected profit
$296,169
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-407072 | 83.9 | Apr 9, 2026 | $666,200 | 7,938 | 8,228 | 76 |
| IN-618542 | 243.4 | Feb 14, 2026 | $1,340,900 | 5,508 | 6,538 | 75 |
| IN-657837 | 146.1 | Oct 8, 2023 | $1,129,000 | 7,729 | 8,331 | 73 |
| IN-798550 | 244.9 | Nov 2, 2025 | $885,800 | 3,618 | 5,953 | 73 |
| IN-946347 | 49.6 | Jul 17, 2024 | $407,100 | 8,202 | 6,987 | 64 |
| IN-426369 | 50.4 | Aug 31, 2024 | $291,100 | 5,771 | 5,774 | 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.