Comparable sales & offer analysis
Parcel IN-373995
Tippecanoe County, IN · 9.03 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$61,100
Adjusted value
$49,371
Value range
$35,547–$63,195
Comp $/acre
$5,467/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.8% versus the adjusted value.
Offer position
Max allowable offer
$28,212
Offer $/acre
$3,124/ac
Projected profit
$14,811
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| IN-243682 | 7.2 | Jul 27, 2026 | $70,600 | 9,800 | 4,594 | 78 |
| IN-264587 | 13.9 | Dec 4, 2025 | $133,700 | 9,642 | 7,044 | 75 |
| IN-225167 | 21.1 | Jul 27, 2026 | $101,200 | 4,792 | 4,316 | 74 |
| IN-915241 | 22.3 | Jul 27, 2026 | $181,700 | 8,157 | 7,138 | 73 |
| IN-525138 | 20.7 | Feb 14, 2026 | $59,500 | 2,877 | 3,777 | 70 |
| IN-555718 | 31.5 | Jul 27, 2026 | $187,900 | 5,969 | 3,878 | 69 |
| IN-224958 | 18.1 | Nov 24, 2024 | $131,300 | 7,232 | 7,756 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.