Comparable sales & offer analysis
Parcel IN-423258
Parke County, IN · 5.30 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$27,400
Adjusted value
$32,736
Value range
$26,265–$39,206
Comp $/acre
$6,177/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.3% versus the adjusted value.
Offer position
Max allowable offer
$18,706
Offer $/acre
$3,529/ac
Projected profit
$9,821
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 | 6,439 | 84 |
| IN-593481 | 6.2 | Jul 20, 2026 | $77,500 | 12,464 | 6,005 | 82 |
| IN-223206 | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 4,410 | 76 |
| IN-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 6,181 | 76 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 7,415 | 74 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 4,436 | 70 |
| IN-893880 | 8.3 | Jun 10, 2024 | $68,200 | 8,205 | 6,284 | 70 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 8,665 | 65 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 5,944 | 61 |
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.