Comparable sales & offer analysis
Parcel IN-181290
Elkhart County, IN · 1.27 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,100
Adjusted value
$9,541
Value range
$6,902–$12,180
Comp $/acre
$7,513/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.3% versus the adjusted value.
Offer position
Max allowable offer
$5,452
Offer $/acre
$4,293/ac
Projected profit
$2,862
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-301554 | 1.5 | Jun 25, 2025 | $18,500 | 12,035 | 11,203 | 73 |
| IN-420374 | 0.7 | Jul 6, 2025 | $5,200 | 7,922 | 6,055 | 70 |
| IN-943280 | 5.4 | Jul 27, 2026 | $28,400 | 5,286 | 5,542 | 69 |
| IN-953293 | 5.4 | Feb 18, 2025 | $38,100 | 7,016 | 7,799 | 68 |
| IN-523663 | 7.1 | Feb 10, 2025 | $67,600 | 9,518 | 6,658 | 57 |
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.