Comparable sales & offer analysis
Parcel IN-116089
Tippecanoe County, IN · 41.18 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$202,000
Adjusted value
$212,024
Value range
$163,687–$260,361
Comp $/acre
$5,149/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.7% versus the adjusted value.
Offer position
Max allowable offer
$121,157
Offer $/acre
$2,942/ac
Projected profit
$63,607
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-446260 | 46.6 | Jul 27, 2026 | $299,100 | 6,418 | 5,628 | 85 |
| IN-555718 | 31.5 | Jul 27, 2026 | $187,900 | 5,969 | 3,439 | 79 |
| IN-225733 | 31.8 | Dec 11, 2025 | $211,600 | 6,649 | 5,652 | 77 |
| IN-546014 | 39.0 | Apr 26, 2025 | $154,600 | 3,963 | 5,263 | 77 |
| IN-915241 | 22.3 | Jul 27, 2026 | $181,700 | 8,157 | 6,331 | 75 |
| IN-225167 | 21.1 | Jul 27, 2026 | $101,200 | 4,792 | 3,828 | 75 |
| IN-525138 | 20.7 | Feb 14, 2026 | $59,500 | 2,877 | 3,350 | 73 |
| IN-227064 | 83.4 | Sep 12, 2025 | $483,800 | 5,798 | 5,123 | 69 |
| IN-224958 | 18.1 | Nov 24, 2024 | $131,300 | 7,232 | 6,879 | 68 |
| IN-264587 | 13.9 | Dec 4, 2025 | $133,700 | 9,642 | 6,248 | 66 |
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.