What we know - 1. Killer is of medium size based on strike point of the anchor. 2. Killer is extraordinarily strong based on the use of the anchor as a weapon. 3. Killer did not rob the victim.
Unless magic is involved. You have to change some of your assumptions in Law & Order: Baldur's Gate. We don't know if the lute belongs to the elf, and though money wasn't the motive, we don't know if something else was taken.
Yes but why wouldn't Speak with Dead be the first thing you do?