Tippecanoe County, IN · Sold

IN-225733

2970 County Road 353

$206,200

$6,480/ac · 31.82 ac

Offer report Market this tract

Acreage31.82 ac

Price per acre$6,480/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedMay 4, 2025

Coordinates40.3738, -86.8287

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

Tippecanoe County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Tippecanoe market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope18.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,608 ft away

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

Buildable area24.21 of 31.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$192,954

$147,434 – $238,474 · $6,064/ac on 31.82 ac

Asking vs estimate

+6.9%

Priced above the comp set

Weighted from 10 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 $206,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$110,259

$3,465/ac · +30.0% target margin

You need $95,941 off asking to hit this margin.

All-in cost$119,631

Net resale$177,518

Projected profit$57,887

ROI+48.4%

Annualized+69.3%

Break-even resale$4,087/ac

Profit if resale lands off target

-20%

$22,383

-10%

$40,135

$57,887

+10%

$75,639

+20%

$93,390

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-555718 Gravel · Full utilities	31.5	Jul 27, 2026	$187,900	5,969	4,161	8.8 mi	91
IN-116089 Dirt · Off grid	41.2	Jul 27, 2026	$189,700	4,606	5,615	3.9 mi	84
IN-225167 Landlocked · Full utilities	21.1	Jul 27, 2026	$101,200	4,792	4,630	4.5 mi	79
IN-446260 Dirt · Power at road	46.6	Jul 27, 2026	$299,100	6,418	6,809	6.6 mi	79
IN-546014 Landlocked · Off grid	39.0	Apr 26, 2025	$154,600	3,963	6,368	7.2 mi	79
IN-915241 Dirt · Power at road	22.3	Jul 27, 2026	$181,700	8,157	7,658	6.5 mi	78
IN-525138 Landlocked · Off grid	20.7	Feb 14, 2026	$59,500	2,877	4,053	4.4 mi	77
IN-264587 Gravel · Power at road	13.9	Dec 4, 2025	$133,700	9,642	7,559	1.7 mi	72
IN-224958 Dirt · Off grid	18.1	Nov 24, 2024	$131,300	7,232	8,325	5.2 mi	68
IN-227064 Paved · Off grid	83.4	Sep 12, 2025	$483,800	5,798	6,199	7.5 mi	65

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV