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Tippecanoe County, IN · Sold

IN-330831

8283 County Road 264

$5,300
$5,824/ac · 0.91 ac
Acreage0.91 ac
Price per acre$5,824/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMay 11, 2024
Coordinates40.3628, -86.9723
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
47
Moderate risk
Wetlands38.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

154 ft of deeded road frontage.

Power10,876 ft away

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

Buildable area0.53 of 0.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,044
$4,548$7,541 · $6,642/ac on 0.91 ac
Asking vs estimate
-12.3%
Priced below the comp set

Weighted from 6 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 $5,300
Maximum allowable offer
$3,454
$3,796/ac · +30.0% target margin

You need $1,846 off asking to hit this margin.

All-in cost$3,748
Net resale$5,561
Projected profit$1,813
ROI+48.4%
Annualized+69.2%
Break-even resale$4,476/ac
Profit if resale lands off target
-20%
$701
-10%
$1,257
0%
$1,813
+10%
$2,369
+20%
$2,925
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-270684
Gravel · Power at road
0.8Apr 30, 2026$7,7009,3318,0223.6 mi
86
IN-651381
Gravel · Full utilities
1.4Feb 6, 2026$12,2008,9446,3985.5 mi
81
IN-150993
Landlocked · Off grid
1.0Apr 11, 2025$3,4003,3125,15310.6 mi
73
IN-731319
Gravel · Full utilities
1.3Feb 4, 2025$16,50012,6759,4356.4 mi
71
IN-792052
Gravel · Off grid
2.2Jan 2, 2026$12,8005,7936,0226.3 mi
71
IN-621826
Paved · Full utilities
1.9Aug 14, 2025$13,7007,2764,5222.7 mi
68
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.2%

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.