Comparable sales & offer analysis
Parcel IN-996657
Elkhart County, IN · 62.14 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$566,200
Adjusted value
$542,036
Value range
$396,985–$687,088
Comp $/acre
$8,723/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.5% versus the adjusted value.
Offer position
Max allowable offer
$309,735
Offer $/acre
$4,984/ac
Projected profit
$162,611
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 | 10,166 | 90 |
| IN-466849 | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 8,544 | 81 |
| IN-137011 | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 9,329 | 78 |
| IN-596098 | 41.5 | Jul 27, 2026 | $142,600 | 3,440 | 6,525 | 78 |
| IN-646612 | 60.1 | Dec 7, 2024 | $498,900 | 8,295 | 14,314 | 74 |
| IN-577749 | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 8,405 | 73 |
| IN-255222 | 22.0 | Dec 17, 2025 | $213,600 | 9,723 | 9,871 | 70 |
| IN-764974 | 18.4 | May 6, 2026 | $118,500 | 6,456 | 6,305 | 68 |
| IN-108284 | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 6,788 | 68 |
| IN-478258 | 198.2 | Nov 9, 2025 | $513,300 | 2,590 | 6,235 | 67 |
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.