Comparable sales & offer analysis
Parcel IN-129452
Putnam County, IN · 471 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,733,500
Adjusted value
$1,893,892
Value range
$1,575,435–$2,212,350
Comp $/acre
$4,024/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.5% versus the adjusted value.
Offer position
Max allowable offer
$1,082,224
Offer $/acre
$2,299/ac
Projected profit
$568,168
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-299289 | 418.2 | Jul 27, 2026 | $3,662,700 | 8,758 | 5,030 | 83 |
| IN-589030 | 346.7 | Jul 27, 2026 | $1,390,000 | 4,009 | 3,136 | 82 |
| IN-349070 | 356.9 | Jul 27, 2026 | $2,049,300 | 5,743 | 4,516 | 81 |
| IN-566064 | 40.4 | May 30, 2026 | $267,600 | 6,618 | 3,584 | 62 |
| IN-507369 | 104.1 | Aug 31, 2024 | $709,600 | 6,818 | 3,942 | 55 |
| IN-726127 | 42.3 | Dec 14, 2024 | $327,300 | 7,732 | 3,628 | 49 |
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.