Comparable sales & offer analysis
Parcel IN-849351
Porter County, IN · 437 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,255,100
Adjusted value
$1,853,385
Value range
$1,481,687–$2,225,083
Comp $/acre
$4,237/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.3% versus the adjusted value.
Offer position
Max allowable offer
$1,059,077
Offer $/acre
$2,421/ac
Projected profit
$556,016
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-318968 | 331.4 | Mar 6, 2026 | $2,291,500 | 6,914 | 5,544 | 80 |
| IN-369271 | 412.8 | Feb 2, 2024 | $2,720,000 | 6,589 | 4,462 | 69 |
| IN-337633 | 126.0 | Jul 25, 2026 | $726,700 | 5,767 | 2,991 | 67 |
| IN-617273 | 97.1 | Jun 29, 2026 | $524,500 | 5,402 | 3,870 | 67 |
| IN-909862 | 633.4 | Feb 1, 2024 | $3,629,000 | 5,729 | 3,619 | 64 |
| IN-987029 | 81.3 | Jan 2, 2025 | $527,600 | 6,485 | 4,729 | 56 |
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.