Comparable sales & offer analysis
Parcel IN-426369
Parke County, IN · 50.44 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$295,200
Adjusted value
$372,446
Value range
$293,384–$451,507
Comp $/acre
$7,384/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.7% versus the adjusted value.
Offer position
Max allowable offer
$212,826
Offer $/acre
$4,219/ac
Projected profit
$111,734
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 | 6,267 | 84 |
| IN-985897 | 35.8 | Mar 27, 2025 | $308,700 | 8,615 | 8,551 | 79 |
| IN-516005 | 38.8 | Sep 21, 2025 | $217,900 | 5,623 | 5,485 | 78 |
| IN-225804 | 33.5 | Mar 15, 2025 | $320,800 | 9,577 | 9,409 | 77 |
| IN-946347 | 49.6 | Jul 17, 2024 | $407,100 | 8,202 | 7,557 | 73 |
| IN-407072 | 83.9 | Apr 9, 2026 | $666,200 | 7,938 | 8,899 | 73 |
| IN-415506 | 27.0 | Sep 9, 2025 | $198,500 | 7,354 | 4,930 | 68 |
| IN-957786 | 140.8 | Feb 27, 2024 | $760,200 | 5,400 | 6,445 | 58 |
| IN-657837 | 146.1 | Oct 8, 2023 | $1,129,000 | 7,729 | 9,011 | 56 |
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.