Comparable sales & offer analysis
Parcel IN-280956
Putnam County, IN · 1.00 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,400
Adjusted value
$13,264
Value range
$9,993–$16,535
Comp $/acre
$13,264/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.1% versus the adjusted value.
Offer position
Max allowable offer
$7,579
Offer $/acre
$7,579/ac
Projected profit
$3,979
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 | 10,092 | 79 |
| IN-641340 | 1.3 | Apr 21, 2024 | $14,900 | 11,300 | 10,629 | 67 |
| IN-980456 | 0.7 | Nov 12, 2023 | $9,000 | 12,838 | 16,741 | 62 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 17,084 | 55 |
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.