Comparable sales & offer analysis
Parcel IN-301554
Elkhart County, IN · 1.54 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,100
Adjusted value
$12,265
Value range
$10,024–$14,507
Comp $/acre
$7,965/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.6% versus the adjusted value.
Offer position
Max allowable offer
$7,009
Offer $/acre
$4,551/ac
Projected profit
$3,680
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 | 10,133 | 74 |
| IN-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 6,273 | 68 |
| IN-420374 | 0.7 | Jul 6, 2025 | $5,200 | 7,922 | 6,853 | 64 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 8,827 | 57 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 7,535 | 56 |
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.