Comparable sales & offer analysis
Parcel IN-646612
Elkhart County, IN · 60.14 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$465,800
Adjusted value
$315,794
Value range
$262,908–$368,681
Comp $/acre
$5,251/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.5% versus the adjusted value.
Offer position
Max allowable offer
$180,454
Offer $/acre
$3,001/ac
Projected profit
$94,738
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-366806 | 69.2 | Jul 27, 2026 | $681,900 | 9,851 | 6,307 | 84 |
| IN-466849 | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 5,301 | 82 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 4,048 | 80 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 5,789 | 76 |
| IN-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 4,211 | 74 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 5,199 | 73 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 5,215 | 72 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 6,125 | 66 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 3,912 | 65 |
| IN-765483 | 26.6 | Nov 22, 2024 | $214,800 | 8,092 | 6,430 | 65 |
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.