IN-478258
3298 County Road 400
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Elkhart County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Elkhart market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $118,001 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-658439 Landlocked · Off grid | 225.9 | Mar 18, 2026 | $737,300 | 3,263 | 4,052 | 1.9 mi | 90 |
| IN-108284 Dirt · Full utilities | 201.9 | Jul 27, 2026 | $900,000 | 4,457 | 2,910 | 5.8 mi | 90 |
| IN-577749 Paved · Power at road | 137.1 | Jan 2, 2026 | $923,200 | 6,736 | 3,604 | 1.8 mi | 78 |
| IN-268438 Landlocked · Off grid | 225.8 | Jul 18, 2024 | $595,000 | 2,636 | 3,497 | 7.0 mi | 77 |
| IN-628176 Paved · Power at road | 186.7 | Sep 9, 2024 | $874,100 | 4,681 | 2,869 | 3.9 mi | 76 |
| IN-366806 Paved · Power at road | 69.2 | Jul 27, 2026 | $681,900 | 9,851 | 4,359 | 9.1 mi | 70 |
| IN-137011 Dirt · Power at road | 80.3 | Dec 2, 2025 | $498,000 | 6,201 | 4,001 | 2.4 mi | 70 |
| IN-466849 Gravel · Off grid | 71.4 | Jun 3, 2026 | $420,300 | 5,886 | 3,663 | 6.6 mi | 69 |
| IN-309396 Paved · Off grid | 451.9 | Dec 10, 2025 | $1,869,100 | 4,136 | 3,664 | 7.4 mi | 66 |
| IN-996657 Paved · Power at road | 62.1 | Jul 5, 2024 | $475,600 | 7,654 | 3,593 | 1.8 mi | 62 |
Show adjustment detail for the top comp
- Tract size (225.94 ac → 198.17 ac)+3.7%
- Utilities (Off grid → Power at road)+17.6%
- Market time (5 mo)+1.7%
Step 3 · Market it
Turn this underwriting into a listing
Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.