Comparable sales & offer analysis
Parcel IN-512334
Parke County, IN · 2.71 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,200
Adjusted value
$21,245
Value range
$18,307–$24,184
Comp $/acre
$7,840/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.
Offer position
Max allowable offer
$12,140
Offer $/acre
$4,480/ac
Projected profit
$6,374
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-302472 | 3.0 | Jul 27, 2026 | $39,000 | 13,007 | 9,556 | 83 |
| IN-381736 | 1.8 | Jul 27, 2026 | $19,400 | 11,009 | 7,966 | 81 |
| IN-803474 | 6.2 | Jul 27, 2026 | $58,400 | 9,431 | 8,299 | 79 |
| IN-423258 | 5.3 | Jul 27, 2026 | $27,100 | 5,108 | 6,634 | 79 |
| IN-381387 | 1.4 | Jul 27, 2026 | $9,500 | 6,906 | 5,873 | 77 |
| IN-593481 | 6.2 | Jul 20, 2026 | $77,500 | 12,464 | 7,739 | 72 |
| IN-631007 | 1.0 | May 3, 2026 | $8,800 | 8,472 | 7,251 | 71 |
| IN-511347 | 1.3 | Jun 13, 2025 | $14,100 | 10,583 | 9,420 | 71 |
| IN-701704 | 1.7 | Dec 18, 2024 | $17,000 | 9,897 | 7,663 | 69 |
| IN-241096 | 1.1 | Feb 12, 2026 | $12,000 | 10,798 | 7,933 | 68 |
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.