Comparable sales & offer analysis
Parcel IN-902544
St. Joseph County, IN · 3.16 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$32,900
Adjusted value
$23,268
Value range
$18,273–$28,263
Comp $/acre
$7,363/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +41.4% versus the adjusted value.
Offer position
Max allowable offer
$13,296
Offer $/acre
$4,208/ac
Projected profit
$6,980
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-292266 | 2.6 | Jul 27, 2026 | $15,200 | 5,896 | 6,351 | 83 |
| IN-391618 | 1.6 | Jul 27, 2026 | $21,500 | 13,346 | 9,683 | 73 |
| IN-151533 | 1.5 | Feb 27, 2026 | $14,800 | 9,767 | 7,201 | 72 |
| IN-623257 | 5.3 | Jul 21, 2024 | $30,900 | 5,835 | 6,503 | 71 |
| IN-781211 | 1.2 | Jan 23, 2026 | $7,600 | 6,300 | 6,835 | 63 |
| IN-991772 | 1.8 | Oct 22, 2024 | $24,000 | 13,331 | 10,402 | 62 |
| IN-203417 | 5.9 | Mar 17, 2024 | $49,600 | 8,343 | 5,679 | 62 |
| IN-181377 | 1.4 | Mar 12, 2025 | $7,600 | 5,609 | 6,311 | 60 |
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.