Comparable sales & offer analysis
Parcel IN-423258
Parke County, IN · 5.30 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$27,400
Adjusted value
$32,565
Value range
$26,136–$38,995
Comp $/acre
$6,144/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.9% versus the adjusted value.
Offer position
Max allowable offer
$18,609
Offer $/acre
$3,511/ac
Projected profit
$9,770
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-803474 | 6.2 | Jul 27, 2026 | $58,400 | 9,431 | 6,404 | 85 |
| IN-593481 | 6.2 | Jul 20, 2026 | $77,500 | 12,464 | 5,972 | 83 |
| IN-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 6,147 | 77 |
| IN-223206 | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 4,386 | 77 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 7,374 | 76 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 4,412 | 71 |
| IN-893880 | 8.3 | Jun 10, 2024 | $68,200 | 8,205 | 6,252 | 70 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 8,619 | 66 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 5,913 | 62 |
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.