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St. Joseph County, IN · Sold

IN-181377

6373 County Road 138

$8,600
$6,324/ac · 1.36 ac
Acreage1.36 ac
Price per acre$6,324/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedNov 25, 2024
Coordinates41.6461, -86.2274
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope19.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power171 ft away

Power at or near the road.

Buildable area1.06 of 1.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,802
$7,709$11,895 · $7,207/ac on 1.36 ac
Asking vs estimate
-12.3%
Priced below the comp set

Weighted from 9 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 $8,600
Maximum allowable offer
$5,601
$4,119/ac · +30.0% target margin

You need $2,999 off asking to hit this margin.

All-in cost$6,077
Net resale$9,018
Projected profit$2,941
ROI+48.4%
Annualized+69.3%
Break-even resale$4,857/ac
Profit if resale lands off target
-20%
$1,137
-10%
$2,039
0%
$2,941
+10%
$3,843
+20%
$4,744
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-781211
Landlocked · Power at road
1.2Jan 23, 2026$7,6006,3006,4383.3 mi
90
IN-391618
Gravel · Power at road
1.6Jul 27, 2026$21,50013,3469,1187.5 mi
83
IN-151533
Gravel · Power at road
1.5Feb 27, 2026$14,8009,7676,7828.4 mi
80
IN-292266
Landlocked · Power at road
2.6Jul 27, 2026$15,2005,8965,9818.5 mi
78
IN-810484
Dirt · Full utilities
0.7Jul 27, 2026$5,0006,9934,5123.5 mi
76
IN-902544
Dirt · Off grid
3.2Jul 27, 2026$27,8008,7878,3408.6 mi
70
IN-991772
Gravel · Power at road
1.8Oct 22, 2024$24,00013,3319,8006.3 mi
70
IN-400355
Dirt · Off grid
0.7Aug 15, 2025$5,0007,6587,3692.6 mi
68
IN-100269
Gravel · Off grid
0.6Nov 6, 2025$5,1008,2906,7945.2 mi
67
Show adjustment detail for the top comp
  • Market time (7 mo)+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.