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Kosciusko County, IN · Sold

IN-936629

8412 County Road 151

$386,000
$6,339/ac · 60.89 ac
Acreage60.89 ac
Price per acre$6,339/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedApr 20, 2024
Coordinates41.2153, -85.8457
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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

Kosciusko County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Kosciusko market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

936 ft of deeded road frontage.

Power11,968 ft away

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

Buildable area52.29 of 60.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$399,619
$334,808$464,431 · $6,563/ac on 60.89 ac
Asking vs estimate
-3.4%
In line with 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 $386,000
Maximum allowable offer
$228,354
$3,750/ac · +30.0% target margin

You need $157,646 off asking to hit this margin.

All-in cost$247,764
Net resale$367,650
Projected profit$119,886
ROI+48.4%
Annualized+69.2%
Break-even resale$4,423/ac
Profit if resale lands off target
-20%
$46,356
-10%
$83,121
0%
$119,886
+10%
$156,651
+20%
$193,416
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-835790
Gravel · Off grid
33.2Nov 3, 2025$171,9005,1845,6230.8 mi
74
IN-755616
Dirt · Full utilities
29.2Jul 27, 2026$181,3006,2015,1818.8 mi
72
IN-195706
Dirt · Off grid
31.2Sep 20, 2025$152,1004,8756,1172.5 mi
72
IN-326161
Gravel · Off grid
43.4Feb 20, 2025$243,9005,6226,5815.2 mi
72
IN-597461
Dirt · Off grid
111.3Nov 1, 2024$424,7003,8186,4853.5 mi
68
IN-787324
Gravel · Off grid
100.7Sep 14, 2024$442,5004,3926,2914.6 mi
68
IN-817278
Dirt · Off grid
97.4Feb 26, 2024$487,8005,0068,4473.5 mi
67
IN-545629
Dirt · Power at road
29.5Oct 23, 2024$213,7007,2437,9381.0 mi
66
IN-868011
Dirt · Full utilities
165.7Jul 14, 2025$1,008,0006,0837,7731.4 mi
65
IN-675181
Gravel · Full utilities
21.3Mar 9, 2024$150,3007,0455,3182.2 mi
59
Show adjustment detail for the top comp
  • Tract size (33.16 ac → 60.89 ac)-11.0%
  • Access (Gravel → Paved)+18.0%
  • Market time (9 mo)+3.3%

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.