Comparable sales & offer analysis
Parcel IN-566064
Putnam County, IN · 40.44 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$310,100
Adjusted value
$317,535
Value range
$250,400–$384,670
Comp $/acre
$7,852/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.3% versus the adjusted value.
Offer position
Max allowable offer
$181,449
Offer $/acre
$4,487/ac
Projected profit
$95,261
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 | 6,796 | 77 |
| IN-299289 | 418.2 | Jul 27, 2026 | $3,662,700 | 8,758 | 9,422 | 66 |
| IN-349070 | 356.9 | Jul 27, 2026 | $2,049,300 | 5,743 | 8,459 | 65 |
| IN-507369 | 104.1 | Aug 31, 2024 | $709,600 | 6,818 | 7,383 | 64 |
| IN-589030 | 346.7 | Jul 27, 2026 | $1,390,000 | 4,009 | 5,873 | 63 |
| IN-129452 | 470.6 | Jul 8, 2026 | $1,610,400 | 3,422 | 6,473 | 63 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 11,134 | 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.