Comparable sales & offer analysis
Parcel IN-137011
Elkhart County, IN · 80.30 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$526,400
Adjusted value
$474,154
Value range
$348,664–$599,644
Comp $/acre
$5,905/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.0% versus the adjusted value.
Offer position
Max allowable offer
$270,945
Offer $/acre
$3,374/ac
Projected profit
$142,246
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 | 6,995 | 80 |
| IN-466849 | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 5,879 | 80 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 5,783 | 74 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 4,489 | 73 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 5,763 | 72 |
| IN-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 4,670 | 72 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 9,849 | 71 |
| IN-478258 | 198.2 | Nov 9, 2025 | $513,300 | 2,590 | 4,290 | 69 |
| IN-658439 | 225.9 | Mar 18, 2026 | $737,300 | 3,263 | 6,502 | 68 |
| IN-628176 | 186.7 | Sep 9, 2024 | $874,100 | 4,681 | 4,602 | 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.