Comparable sales & offer analysis
Parcel IN-940321
Porter County, IN · 0.63 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,800
Adjusted value
$8,876
Value range
$7,239–$10,514
Comp $/acre
$14,090/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.4% versus the adjusted value.
Offer position
Max allowable offer
$5,072
Offer $/acre
$8,051/ac
Projected profit
$2,663
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-330791 | 0.9 | Jan 11, 2026 | $12,300 | 13,834 | 14,294 | 79 |
| IN-821332 | 1.3 | Jul 27, 2026 | $14,600 | 11,146 | 13,154 | 77 |
| IN-902313 | 2.7 | Jan 21, 2026 | $21,400 | 7,997 | 12,061 | 69 |
| IN-891457 | 1.4 | Oct 17, 2025 | $14,000 | 9,726 | 18,307 | 66 |
| IN-191990 | 2.1 | Sep 8, 2025 | $12,200 | 5,797 | 10,263 | 60 |
| IN-722127 | 2.3 | Apr 3, 2025 | $24,800 | 10,662 | 16,553 | 60 |
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.