Comparable sales & offer analysis
Parcel IN-631007
Parke County, IN · 1.04 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,900
Adjusted value
$9,691
Value range
$8,092–$11,290
Comp $/acre
$9,318/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.2% versus the adjusted value.
Offer position
Max allowable offer
$5,538
Offer $/acre
$5,325/ac
Projected profit
$2,907
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-241096 | 1.1 | Feb 12, 2026 | $12,000 | 10,798 | 9,431 | 89 |
| IN-381387 | 1.4 | Jul 27, 2026 | $9,500 | 6,906 | 6,984 | 83 |
| IN-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 9,472 | 81 |
| IN-110398 | 0.7 | May 18, 2026 | $4,800 | 7,205 | 10,723 | 80 |
| IN-511347 | 1.3 | Jun 13, 2025 | $14,100 | 10,583 | 11,198 | 77 |
| IN-230302 | 0.6 | Jul 27, 2026 | $9,000 | 14,581 | 8,639 | 75 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 11,362 | 71 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 9,109 | 70 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 6,797 | 64 |
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.