Comparable sales & offer analysis
Parcel IN-525138
Tippecanoe County, IN · 20.68 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$63,900
Adjusted value
$94,445
Value range
$74,154–$114,736
Comp $/acre
$4,567/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.3% versus the adjusted value.
Offer position
Max allowable offer
$53,969
Offer $/acre
$2,610/ac
Projected profit
$28,334
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-225167 | 21.1 | Jul 27, 2026 | $101,200 | 4,792 | 3,355 | 92 |
| IN-915241 | 22.3 | Jul 27, 2026 | $181,700 | 8,157 | 5,550 | 88 |
| IN-224958 | 18.1 | Nov 24, 2024 | $131,300 | 7,232 | 6,033 | 82 |
| IN-264587 | 13.9 | Dec 4, 2025 | $133,700 | 9,642 | 5,478 | 79 |
| IN-116089 | 41.2 | Jul 27, 2026 | $189,700 | 4,606 | 4,069 | 78 |
| IN-555718 | 31.5 | Jul 27, 2026 | $187,900 | 5,969 | 3,015 | 77 |
| IN-225733 | 31.8 | Dec 11, 2025 | $211,600 | 6,649 | 4,955 | 75 |
| IN-546014 | 39.0 | Apr 26, 2025 | $154,600 | 3,963 | 4,615 | 72 |
| IN-446260 | 46.6 | Jul 27, 2026 | $299,100 | 6,418 | 4,934 | 71 |
| IN-243682 | 7.2 | Jul 27, 2026 | $70,600 | 9,800 | 3,572 | 69 |
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.