Comparable sales & offer analysis
Parcel IN-420374
Elkhart County, IN · 0.66 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,900
Adjusted value
$7,338
Value range
$5,558–$9,117
Comp $/acre
$11,118/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.2% versus the adjusted value.
Offer position
Max allowable offer
$4,193
Offer $/acre
$6,353/ac
Projected profit
$2,201
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-181290 | 1.3 | Sep 23, 2025 | $10,900 | 8,583 | 12,325 | 72 |
| IN-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 7,630 | 64 |
| IN-301554 | 1.5 | Jun 25, 2025 | $18,500 | 12,035 | 15,423 | 64 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 9,165 | 59 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 10,737 | 57 |
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.