Comparable sales & offer analysis
Parcel IN-884187
Elkhart County, IN · 10.38 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$87,400
Adjusted value
$105,841
Value range
$78,618–$133,063
Comp $/acre
$10,197/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.4% versus the adjusted value.
Offer position
Max allowable offer
$60,480
Offer $/acre
$5,827/ac
Projected profit
$31,752
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-144640 | 14.4 | Apr 14, 2025 | $156,200 | 10,840 | 11,866 | 80 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 6,957 | 78 |
| IN-544328 | 11.5 | Jul 25, 2024 | $157,400 | 13,687 | 15,078 | 77 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 10,893 | 75 |
| IN-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 6,986 | 73 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 8,392 | 70 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 9,831 | 67 |
| IN-765483 | 26.6 | Nov 22, 2024 | $214,800 | 8,092 | 11,433 | 62 |
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.