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Tippecanoe County, IN · Sold

IN-546014

5843 County Road 114

$150,800
$3,867/ac · 39.00 ac
Acreage39.00 ac
Price per acre$3,867/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 21, 2024
Coordinates40.4499, -86.9224
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
57
High risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope29.1%

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.

Power9,224 ft away

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

Buildable area23.14 of 39.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$156,533
$119,892$193,173 · $4,014/ac on 39.00 ac
Asking vs estimate
-3.7%
In line with 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 $150,800
Maximum allowable offer
$89,447
$2,294/ac · +30.0% target margin

You need $61,353 off asking to hit this margin.

All-in cost$97,050
Net resale$144,010
Projected profit$46,960
ROI+48.4%
Annualized+69.3%
Break-even resale$2,705/ac
Profit if resale lands off target
-20%
$18,158
-10%
$32,559
0%
$46,960
+10%
$61,361
+20%
$75,762
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-116089
Dirt · Off grid
41.2Jul 27, 2026$189,7004,6063,6875.1 mi
87
IN-555718
Gravel · Full utilities
31.5Jul 27, 2026$187,9005,9692,7319.2 mi
84
IN-225733
Gravel · Off grid
31.8Dec 11, 2025$211,6006,6494,4897.2 mi
82
IN-446260
Dirt · Power at road
46.6Jul 27, 2026$299,1006,4184,4709.8 mi
80
IN-525138
Landlocked · Off grid
20.7Feb 14, 2026$59,5002,8772,6612.9 mi
77
IN-225167
Landlocked · Full utilities
21.1Jul 27, 2026$101,2004,7923,0409.5 mi
76
IN-915241
Dirt · Power at road
22.3Jul 27, 2026$181,7008,1575,0286.8 mi
75
IN-227064
Paved · Off grid
83.4Sep 12, 2025$483,8005,7984,0694.8 mi
69
IN-224958
Dirt · Off grid
18.1Nov 24, 2024$131,3007,2325,4652.6 mi
67
IN-264587
Gravel · Power at road
13.9Dec 4, 2025$133,7009,6424,9625.6 mi
65
Show adjustment detail for the top comp
  • Tract size (41.18 ac → 39 ac)+1.0%
  • Access (Dirt → Landlocked)-20.9%

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.