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Tippecanoe County, IN · Sold

IN-679948

2497 County Road 83

$1,737,500
$2,577/ac · 674 ac
Acreage674 ac
Price per acre$2,577/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 20, 2025
Coordinates40.4490, -86.8074
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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

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,442 ft of deeded road frontage.

Power76 ft away

Power at or near the road.

Buildable area630.81 of 674.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,428,061
$1,941,382$2,914,740 · $3,602/ac on 674 ac
Asking vs estimate
-28.4%
Priced below the comp set

Weighted from 5 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 $1,737,500
Maximum allowable offer
$1,387,464
$2,058/ac · +30.0% target margin

You need $350,036 off asking to hit this margin.

All-in cost$1,505,398
Net resale$2,233,816
Projected profit$728,418
ROI+48.4%
Annualized+69.2%
Break-even resale$2,427/ac
Profit if resale lands off target
-20%
$281,655
-10%
$505,036
0%
$728,418
+10%
$951,799
+20%
$1,175,181
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-579618
Paved · Off grid
530.8Jul 27, 2026$2,043,0003,8494,2195.7 mi
84
IN-439529
Paved · Full utilities
497.6Nov 26, 2024$1,648,5003,3132,65510.8 mi
74
IN-928796
Gravel · Full utilities
292.6Nov 4, 2025$1,097,7003,7512,9199.5 mi
64
IN-558680
Landlocked · Power at road
269.0Oct 14, 2024$710,1002,6393,7513.8 mi
64
IN-528309
Gravel · Off grid
205.6May 17, 2025$905,3004,4034,53111.8 mi
56
Show adjustment detail for the top comp
  • Tract size (530.78 ac → 674.12 ac)-7.0%
  • Utilities (Off grid → Power at road)+17.6%

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.