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Elkhart County, IN · Sold

IN-953293

9682 County Road 352

$46,400
$8,545/ac · 5.43 ac
Acreage5.43 ac
Price per acre$8,545/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedDec 23, 2023
Coordinates41.6041, -85.7659
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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

357 ft of deeded road frontage.

Power9,686 ft away

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

Buildable area4.38 of 5.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,392
$27,643$49,142 · $7,070/ac on 5.43 ac
Asking vs estimate
+20.9%
Priced above the comp set

Weighted from 6 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 $46,400
Maximum allowable offer
$21,939
$4,040/ac · +30.0% target margin

You need $24,461 off asking to hit this margin.

All-in cost$23,804
Net resale$35,321
Projected profit$11,517
ROI+48.4%
Annualized+69.2%
Break-even resale$4,765/ac
Profit if resale lands off target
-20%
$4,453
-10%
$7,985
0%
$11,517
+10%
$15,049
+20%
$18,581
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-943280
Dirt · Off grid
5.4Jul 27, 2026$28,4005,2865,2966.8 mi
89
IN-523663
Paved · Power at road
7.1Feb 10, 2025$67,6009,5186,3647.4 mi
74
IN-764974
Gravel · Power at road
18.4May 6, 2026$118,5006,4565,2745.2 mi
67
IN-884187
Gravel · Power at road
10.4Oct 28, 2024$78,2007,5366,1781.7 mi
66
IN-144640
Gravel · Power at road
14.4Apr 14, 2025$156,20010,8408,9974.4 mi
62
IN-544328
Gravel · Power at road
11.5Jul 25, 2024$157,40013,68711,4354.4 mi
62
Show adjustment detail for the top comp

    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.