Comparable sales & offer analysis
Parcel IN-617273
Porter County, IN · 97.08 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$541,800
Adjusted value
$538,963
Value range
$407,607–$670,320
Comp $/acre
$5,552/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.5% versus the adjusted value.
Offer position
Max allowable offer
$307,979
Offer $/acre
$3,172/ac
Projected profit
$161,689
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-337633 | 126.0 | Jul 25, 2026 | $726,700 | 5,767 | 4,221 | 82 |
| IN-786187 | 44.2 | Jul 27, 2026 | $289,000 | 6,537 | 4,385 | 78 |
| IN-987029 | 81.3 | Jan 2, 2025 | $527,600 | 6,485 | 6,674 | 78 |
| IN-318968 | 331.4 | Mar 6, 2026 | $2,291,500 | 6,914 | 7,824 | 73 |
| IN-436656 | 62.1 | Aug 21, 2025 | $296,800 | 4,780 | 3,570 | 70 |
| IN-696545 | 57.3 | Jul 22, 2025 | $430,800 | 7,519 | 5,603 | 68 |
| IN-276080 | 40.9 | Jan 13, 2026 | $653,800 | 15,981 | 6,453 | 67 |
| IN-946577 | 58.6 | Jul 27, 2024 | $446,000 | 7,606 | 5,920 | 66 |
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.