Comparable sales & offer analysis
Parcel IN-110398
Parke County, IN · 0.67 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,400
Adjusted value
$4,126
Value range
$3,597–$4,654
Comp $/acre
$6,158/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.9% versus the adjusted value.
Offer position
Max allowable offer
$2,358
Offer $/acre
$3,519/ac
Projected profit
$1,238
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-230302 | 0.6 | Jul 27, 2026 | $9,000 | 14,581 | 5,897 | 81 |
| IN-631007 | 1.0 | May 3, 2026 | $8,800 | 8,472 | 5,885 | 79 |
| IN-241096 | 1.1 | Feb 12, 2026 | $12,000 | 10,798 | 6,438 | 74 |
| IN-381387 | 1.4 | Jul 27, 2026 | $9,500 | 6,906 | 4,767 | 74 |
| IN-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 6,465 | 70 |
| IN-511347 | 1.3 | Jun 13, 2025 | $14,100 | 10,583 | 7,644 | 67 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 6,218 | 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.