Tippecanoe County, IN · Sold

IN-243682

4140 County Road 3

$79,100

$10,986/ac · 7.20 ac

Offer report Market this tract

Acreage7.20 ac

Price per acre$10,986/ac

ZoningMixed Use

Road accessPaved

UtilitiesFull utilities

TopographyMixed

ListedMay 3, 2026

Coordinates40.3247, -86.9835

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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

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

Low risk

Wetlands14.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area5.88 of 7.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$90,186

$67,117 – $113,254 · $12,526/ac on 7.20 ac

Asking vs estimate

-12.3%

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 $79,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$51,535

$7,158/ac · +30.0% target margin

You need $27,565 off asking to hit this margin.

All-in cost$55,915

Net resale$82,971

Projected profit$27,055

ROI+48.4%

Annualized+69.2%

Break-even resale$8,441/ac

Profit if resale lands off target

-20%

$10,461

-10%

$18,758

$27,055

+10%

$35,353

+20%

$43,650

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-225167 Landlocked · Full utilities	21.1	Jul 27, 2026	$101,200	4,792	9,226	5.9 mi	72
IN-373995 Landlocked · Power at road	9.0	Dec 12, 2024	$56,400	6,245	14,371	10.0 mi	68
IN-264587 Gravel · Power at road	13.9	Dec 4, 2025	$133,700	9,642	15,061	7.7 mi	68
IN-792052 Gravel · Off grid	2.2	Jan 2, 2026	$12,800	5,793	9,611	8.2 mi	67
IN-915241 Dirt · Power at road	22.3	Jul 27, 2026	$181,700	8,157	15,259	13.9 mi	65
IN-525138 Landlocked · Off grid	20.7	Feb 14, 2026	$59,500	2,877	8,076	7.9 mi	65
IN-224958 Dirt · Off grid	18.1	Nov 24, 2024	$131,300	7,232	16,587	7.1 mi	59

Show adjustment detail for the top comp

Tract size (21.11 ac → 7.2 ac)+10.7%
Access (Landlocked → Paved)+73.5%

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