Comparable sales & offer analysis
Parcel IN-466849
Elkhart County, IN · 71.41 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$482,600
Adjusted value
$447,827
Value range
$336,298–$559,356
Comp $/acre
$6,271/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.8% versus the adjusted value.
Offer position
Max allowable offer
$255,901
Offer $/acre
$3,584/ac
Projected profit
$134,348
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-366806 | 69.2 | Jul 27, 2026 | $681,900 | 9,851 | 7,102 | 83 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 4,558 | 80 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 6,517 | 76 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 10,000 | 72 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 5,851 | 71 |
| IN-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 4,742 | 68 |
| IN-658439 | 225.9 | Mar 18, 2026 | $737,300 | 3,263 | 6,601 | 68 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 5,872 | 67 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 6,896 | 67 |
| IN-478258 | 198.2 | Nov 9, 2025 | $513,300 | 2,590 | 4,356 | 63 |
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.