St. Joseph County, IN · Sold

IN-391618

2376 County Road 98

$20,100

$12,484/ac · 1.61 ac

Offer report Market this tract

Acreage1.61 ac

Price per acre$12,484/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedJun 29, 2026

Coordinates41.5533, -86.3012

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County GIS boundary

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County market

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

View St. Joseph market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

311 ft of deeded road frontage.

Power186 ft away

Power at or near the road.

Buildable area1.35 of 1.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$16,147

$12,849 – $19,445 · $10,029/ac on 1.61 ac

Asking vs estimate

+24.5%

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 $20,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$9,227

$5,731/ac · +30.0% target margin

You need $10,873 off asking to hit this margin.

All-in cost$10,011

Net resale$14,855

Projected profit$4,844

ROI+48.4%

Annualized+69.2%

Break-even resale$6,759/ac

Profit if resale lands off target

-20%

$1,873

-10%

$3,358

$4,844

+10%

$6,329

+20%

$7,815

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-151533 Gravel · Power at road	1.5	Feb 27, 2026	$14,800	9,767	9,948	5.1 mi	86
IN-991772 Gravel · Power at road	1.8	Oct 22, 2024	$24,000	13,331	14,375	3.0 mi	78
IN-292266 Landlocked · Power at road	2.6	Jul 27, 2026	$15,200	5,896	8,773	7.2 mi	78
IN-781211 Landlocked · Power at road	1.2	Jan 23, 2026	$7,600	6,300	9,443	10.0 mi	75
IN-902544 Dirt · Off grid	3.2	Jul 27, 2026	$27,800	8,787	12,233	6.0 mi	74
IN-181377 Landlocked · Power at road	1.4	Mar 12, 2025	$7,600	5,609	8,721	7.5 mi	73
IN-810484 Dirt · Full utilities	0.7	Jul 27, 2026	$5,000	6,993	6,618	7.3 mi	72
IN-100269 Gravel · Off grid	0.6	Nov 6, 2025	$5,100	8,290	9,966	3.9 mi	69
IN-400355 Dirt · Off grid	0.7	Aug 15, 2025	$5,000	7,658	10,809	5.7 mi	64
IN-623257 Dirt · Off grid	5.3	Jul 21, 2024	$30,900	5,835	8,987	2.8 mi	58

Show adjustment detail for the top comp

Market time (6 mo)+1.9%

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.

Build the listing kit Post a deal or JV