Comparable sales & offer analysis
Parcel IN-366806
Elkhart County, IN · 69.22 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$758,500
Adjusted value
$578,403
Value range
$425,866–$730,940
Comp $/acre
$8,356/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.1% versus the adjusted value.
Offer position
Max allowable offer
$330,516
Offer $/acre
$4,775/ac
Projected profit
$173,521
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 | 8,344 | 81 |
| IN-996657 | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 8,180 | 79 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 9,111 | 75 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 6,372 | 74 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 13,979 | 72 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 8,208 | 70 |
| IN-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 6,629 | 70 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 9,640 | 69 |
| IN-478258 | 198.2 | Nov 9, 2025 | $513,300 | 2,590 | 6,089 | 64 |
| IN-628176 | 186.7 | Sep 9, 2024 | $874,100 | 4,681 | 6,532 | 63 |
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.