Comparable sales & offer analysis
Parcel IN-381736
Parke County, IN · 1.76 ac · Recreational · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,400
Adjusted value
$18,525
Value range
$15,358–$21,692
Comp $/acre
$10,526/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.3% versus the adjusted value.
Offer position
Max allowable offer
$10,586
Offer $/acre
$6,015/ac
Projected profit
$5,558
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-381387 | 1.4 | Jul 27, 2026 | $9,500 | 6,906 | 8,135 | 86 |
| IN-631007 | 1.0 | May 3, 2026 | $8,800 | 8,472 | 10,043 | 80 |
| IN-241096 | 1.1 | Feb 12, 2026 | $12,000 | 10,798 | 10,987 | 78 |
| IN-423258 | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 9,189 | 77 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 10,614 | 76 |
| IN-511347 | 1.3 | Jun 13, 2025 | $14,100 | 10,583 | 13,047 | 75 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 13,236 | 74 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 7,920 | 72 |
| IN-230302 | 0.6 | Jul 27, 2026 | $9,000 | 14,581 | 10,063 | 72 |
| IN-110398 | 0.7 | May 18, 2026 | $4,800 | 7,205 | 12,491 | 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.