Comparable sales & offer analysis
Parcel IN-943280
Elkhart County, IN · 5.38 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$30,000
Adjusted value
$42,862
Value range
$31,233–$54,491
Comp $/acre
$7,967/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.0% versus the adjusted value.
Offer position
Max allowable offer
$24,492
Offer $/acre
$4,552/ac
Projected profit
$12,859
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-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 7,497 | 79 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 6,400 | 73 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 5,306 | 68 |
| IN-884187 | 10.4 | Oct 28, 2024 | $78,200 | 7,536 | 6,213 | 63 |
| IN-301554 | 1.5 | Jun 25, 2025 | $18,500 | 12,035 | 10,769 | 60 |
| IN-544328 | 11.5 | Jul 25, 2024 | $157,400 | 13,687 | 11,498 | 59 |
| IN-144640 | 14.4 | Apr 14, 2025 | $156,200 | 10,840 | 9,048 | 58 |
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.