Comparable sales & offer analysis
Parcel IN-299289
Putnam County, IN · 418 ac · Mixed Use · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,051,700
Adjusted value
$2,726,268
Value range
$2,388,528–$3,064,007
Comp $/acre
$6,519/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.6% versus the adjusted value.
Offer position
Max allowable offer
$1,557,867
Offer $/acre
$3,725/ac
Projected profit
$817,880
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-349070 | 356.9 | Jul 27, 2026 | $2,049,300 | 5,743 | 7,924 | 85 |
| IN-129452 | 470.6 | Jul 8, 2026 | $1,610,400 | 3,422 | 6,064 | 83 |
| IN-589030 | 346.7 | Jul 27, 2026 | $1,390,000 | 4,009 | 5,502 | 82 |
| IN-566064 | 40.4 | May 30, 2026 | $267,600 | 6,618 | 6,289 | 64 |
| IN-507369 | 104.1 | Aug 31, 2024 | $709,600 | 6,818 | 6,916 | 64 |
| IN-726127 | 42.3 | Dec 14, 2024 | $327,300 | 7,732 | 6,366 | 58 |
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.