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Tippecanoe County, IN · Sold

IN-224958

4109 County Road 45

$125,600
$6,920/ac · 18.15 ac
Acreage18.15 ac
Price per acre$6,920/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 13, 2024
Coordinates40.4128, -86.9133
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
37
Moderate risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope27.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,414 ft away

Service extension needed; get a utility quote.

Buildable area10.49 of 18.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$98,926
$76,542$121,310 · $5,450/ac on 18.15 ac
Asking vs estimate
+27.0%
Priced above 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 $125,600
Maximum allowable offer
$56,529
$3,115/ac · +30.0% target margin

You need $69,071 off asking to hit this margin.

All-in cost$61,334
Net resale$91,012
Projected profit$29,678
ROI+48.4%
Annualized+69.3%
Break-even resale$3,673/ac
Profit if resale lands off target
-20%
$11,476
-10%
$20,577
0%
$29,678
+10%
$38,779
+20%
$47,880
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-525138
Landlocked · Off grid
20.7Feb 14, 2026$59,5002,8773,7761.1 mi
89
IN-915241
Dirt · Power at road
22.3Jul 27, 2026$181,7008,1577,1347.2 mi
88
IN-225167
Landlocked · Full utilities
21.1Jul 27, 2026$101,2004,7924,3146.9 mi
86
IN-264587
Gravel · Power at road
13.9Dec 4, 2025$133,7009,6427,0423.5 mi
81
IN-116089
Dirt · Off grid
41.2Jul 27, 2026$189,7004,6065,2312.5 mi
79
IN-555718
Gravel · Full utilities
31.5Jul 27, 2026$187,9005,9693,8767.1 mi
75
IN-446260
Dirt · Power at road
46.6Jul 27, 2026$299,1006,4186,3437.3 mi
73
IN-225733
Gravel · Off grid
31.8Dec 11, 2025$211,6006,6496,3705.2 mi
73
IN-243682
Paved · Full utilities
7.2Jul 27, 2026$70,6009,8004,5927.1 mi
70
IN-546014
Landlocked · Off grid
39.0Apr 26, 2025$154,6003,9635,9322.6 mi
69
Show adjustment detail for the top comp
  • Tract size (20.68 ac → 18.15 ac)+1.7%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (6 mo)+2.1%

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.