Comparable sales & offer analysis
Parcel IN-953293
Elkhart County, IN · 5.43 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$46,400
Adjusted value
$38,393
Value range
$27,643–$49,143
Comp $/acre
$7,070/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.9% versus the adjusted value.
Offer position
Max allowable offer
$21,939
Offer $/acre
$4,040/ac
Projected profit
$11,518
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-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 5,296 | 89 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 6,364 | 74 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 5,274 | 67 |
| IN-884187 | 10.4 | Oct 28, 2024 | $78,200 | 7,536 | 6,178 | 66 |
| IN-144640 | 14.4 | Apr 14, 2025 | $156,200 | 10,840 | 8,997 | 62 |
| IN-544328 | 11.5 | Jul 25, 2024 | $157,400 | 13,687 | 11,435 | 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.