Comparable sales & offer analysis
Parcel IN-280956
Putnam County, IN · 1.00 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$11,400
Adjusted value
$13,184
Value range
$9,928–$16,440
Comp $/acre
$13,184/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.5% versus the adjusted value.
Offer position
Max allowable offer
$7,534
Offer $/acre
$7,534/ac
Projected profit
$3,955
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 | 10,036 | 81 |
| IN-641340 | 1.3 | Apr 21, 2024 | $14,900 | 11,300 | 10,575 | 67 |
| IN-980456 | 0.7 | Nov 12, 2023 | $9,000 | 12,838 | 16,657 | 63 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 16,998 | 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.