Comparable sales & offer analysis
Parcel IN-701704
Parke County, IN · 1.72 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,900
Adjusted value
$17,496
Value range
$14,312–$20,679
Comp $/acre
$10,172/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.3% versus the adjusted value.
Offer position
Max allowable offer
$9,997
Offer $/acre
$5,812/ac
Projected profit
$5,249
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-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 11,005 | 87 |
| IN-381387 | 1.4 | Jul 27, 2026 | $9,500 | 6,906 | 8,114 | 86 |
| IN-241096 | 1.1 | Feb 12, 2026 | $12,000 | 10,798 | 10,959 | 80 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 13,201 | 80 |
| IN-631007 | 1.0 | May 3, 2026 | $8,800 | 8,472 | 10,017 | 79 |
| IN-511347 | 1.3 | Jun 13, 2025 | $14,100 | 10,583 | 13,014 | 77 |
| IN-423258 | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 9,165 | 72 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 7,900 | 71 |
| IN-230302 | 0.6 | Jul 27, 2026 | $9,000 | 14,581 | 10,037 | 70 |
| IN-223206 | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 7,853 | 70 |
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.