Comparable sales & offer analysis
Parcel IN-596098
Elkhart County, IN · 41.45 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$155,000
Adjusted value
$210,882
Value range
$167,288–$254,476
Comp $/acre
$5,088/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.5% versus the adjusted value.
Offer position
Max allowable offer
$120,504
Offer $/acre
$2,907/ac
Projected profit
$63,265
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-466849 | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 4,515 | 80 |
| IN-366806 | 69.2 | Jul 27, 2026 | $681,900 | 9,851 | 5,372 | 75 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 5,217 | 72 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 3,332 | 70 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 7,567 | 69 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 4,931 | 69 |
| IN-765483 | 26.6 | Nov 22, 2024 | $214,800 | 8,092 | 5,477 | 67 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 4,428 | 67 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 4,442 | 63 |
| IN-144640 | 14.4 | Apr 14, 2025 | $156,200 | 10,840 | 5,684 | 58 |
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.