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Tippecanoe County, IN · Sold

IN-116089

6888 County Road 164

$202,000
$4,905/ac · 41.18 ac
Acreage41.18 ac
Price per acre$4,905/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJan 24, 2026
Coordinates40.3780, -86.9024
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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,784 ft away

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

Buildable area36.38 of 41.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$210,802
$162,703$258,901 · $5,119/ac on 41.18 ac
Asking vs estimate
-4.2%
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 $202,000
Maximum allowable offer
$120,458
$2,925/ac · +30.0% target margin

You need $81,542 off asking to hit this margin.

All-in cost$130,697
Net resale$193,938
Projected profit$63,241
ROI+48.4%
Annualized+69.3%
Break-even resale$3,450/ac
Profit if resale lands off target
-20%
$24,454
-10%
$43,847
0%
$63,241
+10%
$82,635
+20%
$102,029
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-446260
Dirt · Power at road
46.6Jul 27, 2026$299,1006,4185,5975.0 mi
86
IN-555718
Gravel · Full utilities
31.5Jul 27, 2026$187,9005,9693,4205.6 mi
81
IN-225733
Gravel · Off grid
31.8Dec 11, 2025$211,6006,6495,6213.9 mi
78
IN-546014
Landlocked · Off grid
39.0Apr 26, 2025$154,6003,9635,2355.1 mi
78
IN-915241
Dirt · Power at road
22.3Jul 27, 2026$181,7008,1576,2958.2 mi
76
IN-225167
Landlocked · Full utilities
21.1Jul 27, 2026$101,2004,7923,8064.4 mi
76
IN-525138
Landlocked · Off grid
20.7Feb 14, 2026$59,5002,8773,3322.6 mi
74
IN-227064
Paved · Off grid
83.4Sep 12, 2025$483,8005,7985,0963.7 mi
70
IN-224958
Dirt · Off grid
18.1Nov 24, 2024$131,3007,2326,8432.5 mi
68
IN-264587
Gravel · Power at road
13.9Dec 4, 2025$133,7009,6426,2142.3 mi
67
Show adjustment detail for the top comp
  • Tract size (46.61 ac → 41.18 ac)+2.4%
  • Utilities (Power at road → Off grid)-15.0%

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.