Comparable sales & offer analysis
Parcel IN-577749
Elkhart County, IN · 137 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$903,300
Adjusted value
$973,221
Value range
$717,282–$1,229,160
Comp $/acre
$7,101/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.2% versus the adjusted value.
Offer position
Max allowable offer
$556,126
Offer $/acre
$4,058/ac
Projected profit
$291,966
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-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 5,611 | 77 |
| IN-478258 | 198.2 | Nov 9, 2025 | $513,300 | 2,590 | 5,154 | 77 |
| IN-366806 | 69.2 | Jul 27, 2026 | $681,900 | 9,851 | 8,403 | 75 |
| IN-658439 | 225.9 | Mar 18, 2026 | $737,300 | 3,263 | 7,811 | 74 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 7,712 | 73 |
| IN-628176 | 186.7 | Sep 9, 2024 | $874,100 | 4,681 | 5,529 | 73 |
| IN-466849 | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 7,063 | 70 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 5,394 | 67 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 6,924 | 66 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 11,833 | 66 |
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.