← New search
St. Joseph County, IN · Sold

IN-215923

6481 County Road 193

$150,100
$4,111/ac · 36.51 ac
Acreage36.51 ac
Price per acre$4,111/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedAug 7, 2024
Coordinates41.5809, -86.2412
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
25
Low risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,568 ft of deeded road frontage.

Power11,926 ft away

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

Buildable area28.20 of 36.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$216,329
$155,757$276,901 · $5,925/ac on 36.51 ac
Asking vs estimate
-30.6%
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 $150,100
Maximum allowable offer
$123,617
$3,386/ac · +30.0% target margin

You need $26,483 off asking to hit this margin.

All-in cost$134,124
Net resale$199,023
Projected profit$64,898
ROI+48.4%
Annualized+69.2%
Break-even resale$3,993/ac
Profit if resale lands off target
-20%
$25,094
-10%
$44,996
0%
$64,898
+10%
$84,801
+20%
$104,703
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-946209
Dirt · Off grid
44.9Jul 27, 2026$223,2004,9685,1737.2 mi
85
IN-576356
Gravel · Power at road
50.0Dec 7, 2025$310,7006,2194,9621.5 mi
78
IN-464481
Dirt · Full utilities
12.8Jul 27, 2026$105,0008,1684,9557.1 mi
72
IN-354357
Landlocked · Off grid
11.7Jul 27, 2026$62,2005,3015,7887.0 mi
70
IN-355120
Gravel · Off grid
20.4Dec 15, 2024$234,50011,4889,6742.7 mi
69
IN-776896
Gravel · Full utilities
73.9Jul 16, 2025$393,6005,3283,8503.5 mi
67
IN-316564
Gravel · Off grid
58.1May 25, 2024$302,7005,2115,3617.1 mi
66
IN-596828
Paved · Off grid
70.3Mar 11, 2024$622,1008,8458,1046.0 mi
63
Show adjustment detail for the top comp
  • Tract size (44.92 ac → 36.51 ac)+3.9%

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.