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Elkhart County, IN · Sold

IN-466849

8717 County Road 329

$482,600
$6,758/ac · 71.41 ac
Acreage71.41 ac
Price per acre$6,758/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedApr 13, 2025
Coordinates41.6468, -85.9608
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Elkhart County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Elkhart market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,781 ft of deeded road frontage.

Power4,716 ft away

Service extension needed; get a utility quote.

Buildable area56.85 of 71.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$445,167
$334,351$555,983 · $6,234/ac on 71.41 ac
Asking vs estimate
+8.4%
Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $482,600
Maximum allowable offer
$254,381
$3,562/ac · +30.0% target margin

You need $228,219 off asking to hit this margin.

All-in cost$276,003
Net resale$409,554
Projected profit$133,550
ROI+48.4%
Annualized+69.3%
Break-even resale$4,201/ac
Profit if resale lands off target
-20%
$51,640
-10%
$92,595
0%
$133,550
+10%
$174,506
+20%
$215,461
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-366806
Paved · Power at road
69.2Jul 27, 2026$681,9009,8517,0628.5 mi
84
IN-596098
Landlocked · Off grid
41.5Jul 27, 2026$142,6003,4404,5330.9 mi
81
IN-137011
Dirt · Power at road
80.3Dec 2, 2025$498,0006,2016,4826.2 mi
77
IN-646612
Dirt · Off grid
60.1Dec 7, 2024$498,9008,2959,9487.1 mi
72
IN-996657
Paved · Power at road
62.1Jul 5, 2024$475,6007,6545,8214.8 mi
72
IN-108284
Dirt · Full utilities
201.9Jul 27, 2026$900,0004,4574,7156.6 mi
70
IN-658439
Landlocked · Off grid
225.9Mar 18, 2026$737,3003,2636,5654.7 mi
69
IN-577749
Paved · Power at road
137.1Jan 2, 2026$923,2006,7365,8408.4 mi
68
IN-255222
Gravel · Power at road
22.0Dec 17, 2025$213,6009,7236,8583.0 mi
68
IN-478258
Landlocked · Power at road
198.2Nov 9, 2025$513,3002,5904,3326.6 mi
64
Show adjustment detail for the top comp
  • Tract size (69.22 ac → 71.41 ac)-0.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%

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.