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St. Joseph County, IN · Sold

IN-576356

1633 County Road 282

$369,900
$7,404/ac · 49.96 ac
Acreage49.96 ac
Price per acre$7,404/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJul 28, 2025
Coordinates41.5621, -86.2561
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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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands30.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,093 ft of deeded road frontage.

Power21 ft away

Power at or near the road.

Buildable area32.89 of 49.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$401,978
$289,424$514,532 · $8,046/ac on 49.96 ac
Asking vs estimate
-8.0%
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 $369,900
Maximum allowable offer
$229,702
$4,598/ac · +30.0% target margin

You need $140,198 off asking to hit this margin.

All-in cost$249,227
Net resale$369,820
Projected profit$120,593
ROI+48.4%
Annualized+69.2%
Break-even resale$5,422/ac
Profit if resale lands off target
-20%
$46,629
-10%
$83,611
0%
$120,593
+10%
$157,575
+20%
$194,558
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-946209
Dirt · Off grid
44.9Jul 27, 2026$223,2004,9686,6718.6 mi
82
IN-347697
Gravel · Power at road
132.0Jul 27, 2026$1,088,3008,24510,3585.1 mi
81
IN-215923
Dirt · Off grid
36.5Jun 24, 2025$141,7003,8815,2461.5 mi
75
IN-776896
Gravel · Full utilities
73.9Jul 16, 2025$393,6005,3284,9653.4 mi
75
IN-316564
Gravel · Off grid
58.1May 25, 2024$302,7005,2116,9156.0 mi
72
IN-355120
Gravel · Off grid
20.4Dec 15, 2024$234,50011,48812,4774.2 mi
69
IN-596828
Paved · Off grid
70.3Mar 11, 2024$622,1008,84510,4516.0 mi
66
IN-757684
Paved · Power at road
130.8Aug 20, 2024$884,7006,7677,7691.7 mi
64
Show adjustment detail for the top comp
  • Tract size (44.92 ac → 49.96 ac)-2.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.