Comparable sales & offer analysis
Parcel IN-893880
Parke County, IN · 8.31 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$73,000
Adjusted value
$70,449
Value range
$53,281–$87,618
Comp $/acre
$8,478/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.6% versus the adjusted value.
Offer position
Max allowable offer
$40,257
Offer $/acre
$4,844/ac
Projected profit
$21,135
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 | 9,225 | 84 |
| IN-593481 | 6.2 | Jul 20, 2026 | $77,500 | 12,464 | 8,603 | 83 |
| IN-423258 | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 7,374 | 81 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 12,413 | 73 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 10,622 | 72 |
| IN-223206 | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 6,317 | 71 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 6,355 | 64 |
| IN-415506 | 27.0 | Sep 9, 2025 | $198,500 | 7,354 | 6,285 | 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.