Comparable sales & offer analysis
Parcel IN-523663
Elkhart County, IN · 7.10 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$70,100
Adjusted value
$84,490
Value range
$61,284–$107,695
Comp $/acre
$11,900/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.0% versus the adjusted value.
Offer position
Max allowable offer
$48,280
Offer $/acre
$6,800/ac
Projected profit
$25,347
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-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 8,470 | 82 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 11,919 | 73 |
| IN-884187 | 10.4 | Oct 28, 2024 | $78,200 | 7,536 | 9,878 | 69 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 8,435 | 68 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 13,207 | 66 |
| IN-544328 | 11.5 | Jul 25, 2024 | $157,400 | 13,687 | 18,281 | 64 |
| IN-144640 | 14.4 | Apr 14, 2025 | $156,200 | 10,840 | 14,386 | 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.