Comparable sales & offer analysis
Parcel IN-215923
St. Joseph County, IN · 36.51 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$150,100
Adjusted value
$216,333
Value range
$155,760–$276,906
Comp $/acre
$5,925/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.6% versus the adjusted value.
Offer position
Max allowable offer
$123,619
Offer $/acre
$3,386/ac
Projected profit
$64,900
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-946209 | 44.9 | Jul 27, 2026 | $223,200 | 4,968 | 5,173 | 85 |
| IN-576356 | 50.0 | Dec 7, 2025 | $310,700 | 6,219 | 4,962 | 78 |
| IN-464481 | 12.8 | Jul 27, 2026 | $105,000 | 8,168 | 4,955 | 72 |
| IN-354357 | 11.7 | Jul 27, 2026 | $62,200 | 5,301 | 5,788 | 70 |
| IN-355120 | 20.4 | Dec 15, 2024 | $234,500 | 11,488 | 9,674 | 69 |
| IN-776896 | 73.9 | Jul 16, 2025 | $393,600 | 5,328 | 3,850 | 67 |
| IN-316564 | 58.1 | May 25, 2024 | $302,700 | 5,211 | 5,361 | 66 |
| IN-596828 | 70.3 | Mar 11, 2024 | $622,100 | 8,845 | 8,104 | 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.