Comparable sales & offer analysis
Parcel IN-946577
Porter County, IN · 58.64 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$414,900
Adjusted value
$427,261
Value range
$344,325–$510,198
Comp $/acre
$7,286/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$244,149
Offer $/acre
$4,164/ac
Projected profit
$128,178
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-696545 | 57.3 | Jul 22, 2025 | $430,800 | 7,519 | 7,817 | 82 |
| IN-786187 | 44.2 | Jul 27, 2026 | $289,000 | 6,537 | 6,117 | 79 |
| IN-617273 | 97.1 | Jun 29, 2026 | $524,500 | 5,402 | 7,619 | 78 |
| IN-337633 | 126.0 | Jul 25, 2026 | $726,700 | 5,767 | 5,889 | 77 |
| IN-436656 | 62.1 | Aug 21, 2025 | $296,800 | 4,780 | 4,981 | 75 |
| IN-276080 | 40.9 | Jan 13, 2026 | $653,800 | 15,981 | 9,002 | 74 |
| IN-165298 | 23.2 | Jul 27, 2026 | $262,300 | 11,296 | 7,790 | 71 |
| IN-987029 | 81.3 | Jan 2, 2025 | $527,600 | 6,485 | 9,313 | 70 |
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.