← New search
St. Joseph County, IN · Sold

IN-354357

8478 County Road 353

$58,600
$4,991/ac · 11.74 ac
Acreage11.74 ac
Price per acre$4,991/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJun 16, 2026
Coordinates41.6100, -86.3704
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
56
High risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope27.3%

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.

Power8,230 ft away

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

Buildable area6.87 of 11.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$61,804
$44,499$79,109 · $5,264/ac on 11.74 ac
Asking vs estimate
-5.2%
Priced below the comp set

Weighted from 5 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 $58,600
Maximum allowable offer
$35,316
$3,008/ac · +30.0% target margin

You need $23,284 off asking to hit this margin.

All-in cost$38,318
Net resale$56,859
Projected profit$18,541
ROI+48.4%
Annualized+69.3%
Break-even resale$3,548/ac
Profit if resale lands off target
-20%
$7,170
-10%
$12,856
0%
$18,541
+10%
$24,227
+20%
$29,913
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-464481
Dirt · Full utilities
12.8Jul 27, 2026$105,0008,1684,5484.0 mi
85
IN-355120
Gravel · Off grid
20.4Dec 15, 2024$234,50011,4888,8797.3 mi
71
IN-215923
Dirt · Off grid
36.5Jun 24, 2025$141,7003,8813,7337.0 mi
62
IN-623257
Dirt · Off grid
5.3Jul 21, 2024$30,9005,8354,7527.6 mi
62
IN-203417
Gravel · Full utilities
5.9Mar 17, 2024$49,6008,3434,1505.9 mi
61
Show adjustment detail for the top comp
  • Tract size (12.85 ac → 11.74 ac)+0.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.