Comparable sales & offer analysis
Parcel IN-803474
Parke County, IN · 6.19 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$56,900
Adjusted value
$54,864
Value range
$41,957–$67,771
Comp $/acre
$8,863/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$31,351
Offer $/acre
$5,065/ac
Projected profit
$16,459
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-593481 | 6.2 | Jul 20, 2026 | $77,500 | 12,464 | 8,864 | 84 |
| IN-423258 | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 7,598 | 84 |
| IN-223206 | 5.1 | Jun 19, 2025 | $37,000 | 7,250 | 6,509 | 75 |
| IN-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 10,945 | 74 |
| IN-893880 | 8.3 | Jun 10, 2024 | $68,200 | 8,205 | 9,276 | 73 |
| IN-512334 | 2.7 | Jun 28, 2025 | $14,800 | 5,458 | 6,548 | 70 |
| IN-864521 | 13.2 | Apr 11, 2025 | $127,800 | 9,670 | 12,790 | 67 |
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.