Comparable sales & offer analysis
Parcel IN-566064
Putnam County, IN · 40.44 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$310,100
Adjusted value
$315,726
Value range
$248,991–$382,461
Comp $/acre
$7,807/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.8% versus the adjusted value.
Offer position
Max allowable offer
$180,415
Offer $/acre
$4,461/ac
Projected profit
$94,718
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-726127 | 42.3 | Dec 14, 2024 | $327,300 | 7,732 | 6,760 | 78 |
| IN-299289 | 418.2 | Jul 27, 2026 | $3,662,700 | 8,758 | 9,369 | 67 |
| IN-349070 | 356.9 | Jul 27, 2026 | $2,049,300 | 5,743 | 8,412 | 66 |
| IN-589030 | 346.7 | Jul 27, 2026 | $1,390,000 | 4,009 | 5,841 | 65 |
| IN-507369 | 104.1 | Aug 31, 2024 | $709,600 | 6,818 | 7,345 | 64 |
| IN-129452 | 470.6 | Jul 8, 2026 | $1,610,400 | 3,422 | 6,437 | 64 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 11,077 | 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.