Comparable sales & offer analysis
Parcel IN-215911
Parke County, IN · 36.19 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$227,400
Adjusted value
$251,000
Value range
$193,427–$308,574
Comp $/acre
$6,936/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.4% versus the adjusted value.
Offer position
Max allowable offer
$143,429
Offer $/acre
$3,963/ac
Projected profit
$75,300
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-516005 | 38.8 | Sep 21, 2025 | $217,900 | 5,623 | 5,021 | 83 |
| IN-985897 | 35.8 | Mar 27, 2025 | $308,700 | 8,615 | 7,828 | 79 |
| IN-225804 | 33.5 | Mar 15, 2025 | $320,800 | 9,577 | 8,613 | 77 |
| IN-407072 | 83.9 | Apr 9, 2026 | $666,200 | 7,938 | 8,146 | 76 |
| IN-415506 | 27.0 | Sep 9, 2025 | $198,500 | 7,354 | 4,513 | 74 |
| IN-426369 | 50.4 | Aug 31, 2024 | $291,100 | 5,771 | 5,717 | 72 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 8,914 | 69 |
| IN-946347 | 49.6 | Jul 17, 2024 | $407,100 | 8,202 | 6,917 | 66 |
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.