Comparable sales & offer analysis
Parcel IN-618542
Parke County, IN · 243 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,503,300
Adjusted value
$1,419,651
Value range
$1,129,574–$1,709,729
Comp $/acre
$5,832/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.9% versus the adjusted value.
Offer position
Max allowable offer
$811,229
Offer $/acre
$3,332/ac
Projected profit
$425,895
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-379622 | 532.3 | Mar 18, 2026 | $2,174,000 | 4,084 | 5,233 | 79 |
| IN-798550 | 244.9 | Nov 2, 2025 | $885,800 | 3,618 | 5,121 | 77 |
| IN-779713 | 568.6 | May 13, 2026 | $1,801,500 | 3,168 | 4,115 | 75 |
| IN-407072 | 83.9 | Apr 9, 2026 | $666,200 | 7,938 | 7,078 | 70 |
| IN-489574 | 514.1 | Feb 2, 2025 | $2,864,700 | 5,572 | 7,392 | 69 |
| IN-957786 | 140.8 | Feb 27, 2024 | $760,200 | 5,400 | 5,126 | 66 |
| IN-657837 | 146.1 | Oct 8, 2023 | $1,129,000 | 7,729 | 7,166 | 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.