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Elkhart County, IN · Sold

IN-646612

8311 County Road 43

$465,800
$7,745/ac · 60.14 ac
Acreage60.14 ac
Price per acre$7,745/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMar 12, 2024
Coordinates41.5720, -85.8678
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,280 ft of deeded road frontage.

Power3,876 ft away

Service extension needed; get a utility quote.

Buildable area53.31 of 60.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$315,789
$262,903$368,674 · $5,251/ac on 60.14 ac
Asking vs estimate
+47.5%
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 $465,800
Maximum allowable offer
$180,451
$3,001/ac · +30.0% target margin

You need $285,349 off asking to hit this margin.

All-in cost$195,789
Net resale$290,526
Projected profit$94,736
ROI+48.4%
Annualized+69.2%
Break-even resale$3,539/ac
Profit if resale lands off target
-20%
$36,631
-10%
$65,684
0%
$94,736
+10%
$123,789
+20%
$152,841
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-366806
Paved · Power at road
69.2Jul 27, 2026$681,9009,8516,3074.3 mi
84
IN-466849
Gravel · Off grid
71.4Jun 3, 2026$420,3005,8865,3017.1 mi
82
IN-596098
Landlocked · Off grid
41.5Jul 27, 2026$142,6003,4404,0486.2 mi
80
IN-137011
Dirt · Power at road
80.3Dec 2, 2025$498,0006,2015,7897.1 mi
76
IN-108284
Dirt · Full utilities
201.9Jul 27, 2026$900,0004,4574,2111.2 mi
74
IN-996657
Paved · Power at road
62.1Jul 5, 2024$475,6007,6545,1995.0 mi
73
IN-577749
Paved · Power at road
137.1Jan 2, 2026$923,2006,7365,2155.5 mi
72
IN-255222
Gravel · Power at road
22.0Dec 17, 2025$213,6009,7236,1255.1 mi
66
IN-764974
Gravel · Power at road
18.4May 6, 2026$118,5006,4563,9127.6 mi
65
IN-765483
Gravel · Off grid
26.6Nov 22, 2024$214,8008,0926,4303.0 mi
65
Show adjustment detail for the top comp
  • Tract size (69.22 ac → 60.14 ac)+3.1%
  • Access (Paved → Dirt)-27.1%
  • 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.