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Elkhart County, IN · Sold

IN-996657

9851 County Road 267

$566,200
$9,112/ac · 62.14 ac
Acreage62.14 ac
Price per acre$9,112/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedFeb 4, 2024
Coordinates41.6445, -85.8673
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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

3 items to verify before you offer.

Risk index
12
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

620 ft of deeded road frontage.

Power183 ft away

Power at or near the road.

Buildable area51.83 of 62.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$538,705
$394,629$682,781 · $8,669/ac on 62.14 ac
Asking vs estimate
+5.1%
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 $566,200
Maximum allowable offer
$307,831
$4,954/ac · +30.0% target margin

You need $258,369 off asking to hit this margin.

All-in cost$333,997
Net resale$495,608
Projected profit$161,612
ROI+48.4%
Annualized+69.3%
Break-even resale$5,842/ac
Profit if resale lands off target
-20%
$62,490
-10%
$112,051
0%
$161,612
+10%
$211,173
+20%
$260,734
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-366806
Paved · Power at road
69.2Jul 27, 2026$681,9009,85110,1108.7 mi
91
IN-466849
Gravel · Off grid
71.4Jun 3, 2026$420,3005,8868,4974.8 mi
83
IN-137011
Dirt · Power at road
80.3Dec 2, 2025$498,0006,2019,2792.3 mi
79
IN-596098
Landlocked · Off grid
41.5Jul 27, 2026$142,6003,4406,4894.2 mi
79
IN-646612
Dirt · Off grid
60.1Dec 7, 2024$498,9008,29514,2405.0 mi
74
IN-577749
Paved · Power at road
137.1Jan 2, 2026$923,2006,7368,3603.6 mi
74
IN-255222
Gravel · Power at road
22.0Dec 17, 2025$213,6009,7239,8185.4 mi
71
IN-764974
Gravel · Power at road
18.4May 6, 2026$118,5006,4566,2703.7 mi
70
IN-108284
Dirt · Full utilities
201.9Jul 27, 2026$900,0004,4576,7505.4 mi
69
IN-478258
Landlocked · Power at road
198.2Nov 9, 2025$513,3002,5906,2021.8 mi
68
Show adjustment detail for the top comp
  • Tract size (69.22 ac → 62.14 ac)+2.4%

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.