Comparable sales & offer analysis
Parcel IN-550561
Putnam County, IN · 0.75 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,100
Adjusted value
$7,293
Value range
$5,433–$9,152
Comp $/acre
$9,723/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.1% versus the adjusted value.
Offer position
Max allowable offer
$4,167
Offer $/acre
$5,556/ac
Projected profit
$2,188
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-280956 | 1.0 | May 1, 2026 | $9,500 | 9,519 | 7,041 | 78 |
| IN-980456 | 0.7 | Nov 12, 2023 | $9,000 | 12,838 | 12,171 | 74 |
| IN-641340 | 1.3 | Apr 21, 2024 | $14,900 | 11,300 | 7,727 | 62 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 12,420 | 57 |
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.