Comparable sales & offer analysis
Parcel IN-722694
Putnam County, IN · 3.52 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$28,700
Adjusted value
$22,358
Value range
$17,390–$27,326
Comp $/acre
$6,352/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.4% versus the adjusted value.
Offer position
Max allowable offer
$12,776
Offer $/acre
$3,630/ac
Projected profit
$6,707
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-550561 | 0.8 | Jul 27, 2026 | $5,500 | 7,317 | 5,672 | 69 |
| IN-566064 | 40.4 | May 30, 2026 | $267,600 | 6,618 | 5,790 | 66 |
| IN-280956 | 1.0 | May 1, 2026 | $9,500 | 9,519 | 5,445 | 66 |
| IN-641340 | 1.3 | Apr 21, 2024 | $14,900 | 11,300 | 5,974 | 55 |
| IN-980456 | 0.7 | Nov 12, 2023 | $9,000 | 12,838 | 9,409 | 54 |
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.