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Elkhart County, IN · Sold

IN-108284

6141 County Road 175

$1,020,400
$5,053/ac · 202 ac
Acreage202 ac
Price per acre$5,053/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedJul 28, 2026
Coordinates41.5681, -85.8899
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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.5% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,102 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area169.78 of 201.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,179,062
$907,562$1,450,563 · $5,839/ac on 202 ac
Asking vs estimate
-13.5%
Priced below 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 $1,020,400
Maximum allowable offer
$673,750
$3,336/ac · +30.0% target margin

You need $346,650 off asking to hit this margin.

All-in cost$731,019
Net resale$1,084,737
Projected profit$353,719
ROI+48.4%
Annualized+69.2%
Break-even resale$3,935/ac
Profit if resale lands off target
-20%
$136,771
-10%
$245,245
0%
$353,719
+10%
$462,192
+20%
$570,666
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-658439
Landlocked · Off grid
225.9Mar 18, 2026$737,3003,2636,2195.2 mi
85
IN-478258
Landlocked · Power at road
198.2Nov 9, 2025$513,3002,5904,1045.8 mi
84
IN-628176
Paved · Power at road
186.7Sep 9, 2024$874,1004,6814,4031.8 mi
75
IN-268438
Landlocked · Off grid
225.8Jul 18, 2024$595,0002,6365,3677.8 mi
75
IN-577749
Paved · Power at road
137.1Jan 2, 2026$923,2006,7365,5326.5 mi
73
IN-366806
Paved · Power at road
69.2Jul 27, 2026$681,9009,8516,6903.4 mi
71
IN-309396
Paved · Off grid
451.9Dec 10, 2025$1,869,1004,1365,6234.2 mi
69
IN-466849
Gravel · Off grid
71.4Jun 3, 2026$420,3005,8865,6236.6 mi
68
IN-137011
Dirt · Power at road
80.3Dec 2, 2025$498,0006,2016,1407.6 mi
68
IN-646612
Dirt · Off grid
60.1Dec 7, 2024$498,9008,2959,4231.2 mi
63
Show adjustment detail for the top comp
  • Tract size (225.94 ac → 201.94 ac)+3.2%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.