← New search
St. Joseph County, IN · Sold

IN-316564

4053 County Road 152

$314,000
$5,405/ac · 58.09 ac
Acreage58.09 ac
Price per acre$5,405/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedApr 3, 2024
Coordinates41.5407, -86.3684
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

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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,286 ft away

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

Buildable area49.28 of 58.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$379,720
$273,399$486,042 · $6,537/ac on 58.09 ac
Asking vs estimate
-17.3%
Priced below the comp set

Weighted from 8 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 $314,000
Maximum allowable offer
$216,983
$3,735/ac · +30.0% target margin

You need $97,017 off asking to hit this margin.

All-in cost$235,427
Net resale$349,343
Projected profit$113,916
ROI+48.4%
Annualized+69.2%
Break-even resale$4,405/ac
Profit if resale lands off target
-20%
$44,048
-10%
$78,982
0%
$113,916
+10%
$148,851
+20%
$183,785
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-576356
Gravel · Power at road
50.0Dec 7, 2025$310,7006,2195,2736.0 mi
80
IN-946209
Dirt · Off grid
44.9Jul 27, 2026$223,2004,9685,49713.0 mi
79
IN-776896
Gravel · Full utilities
73.9Jul 16, 2025$393,6005,3284,0919.0 mi
74
IN-347697
Gravel · Power at road
132.0Jul 27, 2026$1,088,3008,2458,53610.3 mi
73
IN-596828
Paved · Off grid
70.3Mar 11, 2024$622,1008,8458,6135.3 mi
71
IN-215923
Dirt · Off grid
36.5Jun 24, 2025$141,7003,8814,3237.1 mi
70
IN-757684
Paved · Power at road
130.8Aug 20, 2024$884,7006,7676,4025.2 mi
65
IN-355120
Gravel · Off grid
20.4Dec 15, 2024$234,50011,48810,2819.0 mi
63
Show adjustment detail for the top comp
  • Tract size (49.96 ac → 58.09 ac)-3.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.9%

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.