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St. Joseph County, IN · Sold

IN-810484

2192 County Road 187

$5,800
$8,169/ac · 0.71 ac
Acreage0.71 ac
Price per acre$8,169/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJan 28, 2026
Coordinates41.6594, -86.2930
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

77 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.65 of 0.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,169
$6,768$9,570 · $11,506/ac on 0.71 ac
Asking vs estimate
-29.0%
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 $5,800
Maximum allowable offer
$4,668
$6,575/ac · +30.0% target margin

You need $1,132 off asking to hit this margin.

All-in cost$5,065
Net resale$7,515
Projected profit$2,451
ROI+48.4%
Annualized+69.2%
Break-even resale$7,754/ac
Profit if resale lands off target
-20%
$948
-10%
$1,699
0%
$2,451
+10%
$3,202
+20%
$3,954
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-400355
Dirt · Off grid
0.7Aug 15, 2025$5,0007,65811,4462.0 mi
86
IN-100269
Gravel · Off grid
0.6Nov 6, 2025$5,1008,29010,5543.7 mi
78
IN-781211
Landlocked · Power at road
1.2Jan 23, 2026$7,6006,30010,0003.2 mi
73
IN-391618
Gravel · Power at road
1.6Jul 27, 2026$21,50013,34614,1647.3 mi
72
IN-151533
Gravel · Power at road
1.5Feb 27, 2026$14,8009,76710,5356.0 mi
69
IN-181377
Landlocked · Power at road
1.4Mar 12, 2025$7,6005,6099,2353.5 mi
66
IN-991772
Gravel · Power at road
1.8Oct 22, 2024$24,00013,33115,2227.7 mi
59
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (12 mo)+4.2%

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.