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St. Joseph County, IN · Sold

IN-757684

9425 County Road 259

$877,700
$6,713/ac · 131 ac
Acreage131 ac
Price per acre$6,713/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedMay 19, 2024
Coordinates41.5780, -86.2816
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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

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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,065 ft of deeded road frontage.

Power133 ft away

Power at or near the road.

Buildable area111.42 of 130.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$947,928
$706,004$1,189,852 · $7,250/ac on 131 ac
Asking vs estimate
-7.4%
Priced below the comp set

Weighted from 7 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 $877,700
Maximum allowable offer
$541,673
$4,143/ac · +30.0% target margin

You need $336,027 off asking to hit this margin.

All-in cost$587,715
Net resale$872,094
Projected profit$284,379
ROI+48.4%
Annualized+69.2%
Break-even resale$4,886/ac
Profit if resale lands off target
-20%
$109,960
-10%
$197,169
0%
$284,379
+10%
$371,588
+20%
$458,798
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-347697
Gravel · Power at road
132.0Jul 27, 2026$1,088,3008,2459,7755.1 mi
88
IN-576356
Gravel · Power at road
50.0Dec 7, 2025$310,7006,2196,0391.7 mi
70
IN-946209
Dirt · Off grid
44.9Jul 27, 2026$223,2004,9686,2958.2 mi
68
IN-776896
Gravel · Full utilities
73.9Jul 16, 2025$393,6005,3284,6855.1 mi
68
IN-596828
Paved · Off grid
70.3Mar 11, 2024$622,1008,8459,8634.3 mi
66
IN-316564
Gravel · Off grid
58.1May 25, 2024$302,7005,2116,5255.2 mi
65
IN-309155
Gravel · Full utilities
379.5Feb 11, 2024$1,811,6004,7736,8845.8 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%

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.