Comparable sales & offer analysis
Parcel IN-902313
Porter County, IN · 2.67 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,200
Adjusted value
$26,426
Value range
$21,326–$31,526
Comp $/acre
$9,897/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.6% versus the adjusted value.
Offer position
Max allowable offer
$15,101
Offer $/acre
$5,656/ac
Projected profit
$7,928
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-722127 | 2.3 | Apr 3, 2025 | $24,800 | 10,662 | 11,297 | 76 |
| IN-821332 | 1.3 | Jul 27, 2026 | $14,600 | 11,146 | 8,977 | 74 |
| IN-191990 | 2.1 | Sep 8, 2025 | $12,200 | 5,797 | 7,005 | 74 |
| IN-891457 | 1.4 | Oct 17, 2025 | $14,000 | 9,726 | 12,494 | 71 |
| IN-330791 | 0.9 | Jan 11, 2026 | $12,300 | 13,834 | 9,756 | 64 |
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.