Comparable sales & offer analysis
Parcel IN-301554
Elkhart County, IN · 1.54 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$18,100
Adjusted value
$12,195
Value range
$9,964–$14,426
Comp $/acre
$7,919/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.4% versus the adjusted value.
Offer position
Max allowable offer
$6,969
Offer $/acre
$4,525/ac
Projected profit
$3,659
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 | 10,079 | 75 |
| IN-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 6,238 | 69 |
| IN-420374 | 0.7 | Jul 6, 2025 | $5,200 | 7,922 | 6,816 | 65 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 8,781 | 57 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 7,496 | 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.