Comparable sales & offer analysis
Parcel IN-550561
Putnam County, IN · 0.75 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,100
Adjusted value
$7,337
Value range
$5,469–$9,204
Comp $/acre
$9,782/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.5% versus the adjusted value.
Offer position
Max allowable offer
$4,192
Offer $/acre
$5,590/ac
Projected profit
$2,201
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 | 7,080 | 77 |
| IN-980456 | 0.7 | Nov 12, 2023 | $9,000 | 12,838 | 12,232 | 74 |
| IN-641340 | 1.3 | Apr 21, 2024 | $14,900 | 11,300 | 7,767 | 62 |
| IN-722694 | 3.5 | Mar 1, 2024 | $30,500 | 8,659 | 12,483 | 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.