Comparable sales & offer analysis
Parcel IN-415506
Parke County, IN · 26.99 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$190,300
Adjusted value
$322,064
Value range
$260,245–$383,882
Comp $/acre
$11,933/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -40.9% versus the adjusted value.
Offer position
Max allowable offer
$184,036
Offer $/acre
$6,819/ac
Projected profit
$96,619
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-215911 | 36.2 | Jul 27, 2026 | $207,200 | 5,724 | 9,769 | 80 |
| IN-516005 | 38.8 | Sep 21, 2025 | $217,900 | 5,623 | 8,548 | 78 |
| IN-985897 | 35.8 | Mar 27, 2025 | $308,700 | 8,615 | 13,325 | 73 |
| IN-225804 | 33.5 | Mar 15, 2025 | $320,800 | 9,577 | 14,661 | 73 |
| IN-407072 | 83.9 | Apr 9, 2026 | $666,200 | 7,938 | 13,871 | 65 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 15,175 | 65 |
| IN-426369 | 50.4 | Aug 31, 2024 | $291,100 | 5,771 | 9,730 | 63 |
| IN-946347 | 49.6 | Jul 17, 2024 | $407,100 | 8,202 | 11,774 | 63 |
| IN-893880 | 8.3 | Jun 10, 2024 | $68,200 | 8,205 | 11,006 | 56 |
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.