Comparable sales & offer analysis
Parcel IN-946577
Porter County, IN · 58.64 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$414,900
Adjusted value
$429,683
Value range
$346,236–$513,130
Comp $/acre
$7,327/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.4% versus the adjusted value.
Offer position
Max allowable offer
$245,533
Offer $/acre
$4,187/ac
Projected profit
$128,905
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 | 7,859 | 81 |
| IN-786187 | 44.2 | Jul 27, 2026 | $289,000 | 6,537 | 6,151 | 78 |
| IN-617273 | 97.1 | Jun 29, 2026 | $524,500 | 5,402 | 7,662 | 76 |
| IN-337633 | 126.0 | Jul 25, 2026 | $726,700 | 5,767 | 5,921 | 76 |
| IN-436656 | 62.1 | Aug 21, 2025 | $296,800 | 4,780 | 5,007 | 74 |
| IN-276080 | 40.9 | Jan 13, 2026 | $653,800 | 15,981 | 9,051 | 73 |
| IN-165298 | 23.2 | Jul 27, 2026 | $262,300 | 11,296 | 7,833 | 70 |
| IN-987029 | 81.3 | Jan 2, 2025 | $527,600 | 6,485 | 9,362 | 69 |
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.