Comparable sales & offer analysis
Parcel IN-349070
Putnam County, IN · 357 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,173,200
Adjusted value
$1,746,092
Value range
$1,446,160–$2,046,024
Comp $/acre
$4,893/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.5% versus the adjusted value.
Offer position
Max allowable offer
$997,767
Offer $/acre
$2,796/ac
Projected profit
$523,828
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 | 6,446 | 85 |
| IN-589030 | 346.7 | Jul 27, 2026 | $1,390,000 | 4,009 | 4,018 | 83 |
| IN-129452 | 470.6 | Jul 8, 2026 | $1,610,400 | 3,422 | 4,429 | 81 |
| IN-566064 | 40.4 | May 30, 2026 | $267,600 | 6,618 | 4,593 | 63 |
| IN-507369 | 104.1 | Aug 31, 2024 | $709,600 | 6,818 | 5,051 | 57 |
| IN-726127 | 42.3 | Dec 14, 2024 | $327,300 | 7,732 | 4,649 | 50 |
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.