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Elkhart County, IN · Sold

IN-943280

7029 County Road 268

$30,000
$5,576/ac · 5.38 ac
Acreage5.38 ac
Price per acre$5,576/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedNov 9, 2025
Coordinates41.5561, -85.8805
Loading terrain…
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope12.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

478 ft of deeded road frontage.

Power6,886 ft away

A long utility run — price in solar/off-grid instead.

Buildable area4.14 of 5.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,625
$31,051$54,199 · $7,923/ac on 5.38 ac
Asking vs estimate
-29.6%
Priced below the comp set

Weighted from 7 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 $30,000
Maximum allowable offer
$24,357
$4,527/ac · +30.0% target margin

You need $5,643 off asking to hit this margin.

All-in cost$26,427
Net resale$39,215
Projected profit$12,788
ROI+48.4%
Annualized+69.3%
Break-even resale$5,339/ac
Profit if resale lands off target
-20%
$4,945
-10%
$8,866
0%
$12,788
+10%
$16,709
+20%
$20,631
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-953293
Dirt · Off grid
5.4Feb 18, 2025$38,1007,0167,4586.8 mi
79
IN-523663
Paved · Power at road
7.1Feb 10, 2025$67,6009,5186,3660.9 mi
74
IN-764974
Gravel · Power at road
18.4May 6, 2026$118,5006,4565,2768.9 mi
69
IN-884187
Gravel · Power at road
10.4Oct 28, 2024$78,2007,5366,1816.0 mi
63
IN-301554
Landlocked · Full utilities
1.5Jun 25, 2025$18,50012,03510,7125.3 mi
61
IN-544328
Gravel · Power at road
11.5Jul 25, 2024$157,40013,68711,4398.7 mi
60
IN-144640
Gravel · Power at road
14.4Apr 14, 2025$156,20010,8409,0019.6 mi
59
Show adjustment detail for the top comp
  • Market time (18 mo)+6.3%

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.