Comparable sales & offer analysis
Parcel IN-224958
Tippecanoe County, IN · 18.15 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$125,600
Adjusted value
$99,489
Value range
$76,980–$121,999
Comp $/acre
$5,482/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.2% versus the adjusted value.
Offer position
Max allowable offer
$56,851
Offer $/acre
$3,132/ac
Projected profit
$29,847
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-525138 | 20.7 | Feb 14, 2026 | $59,500 | 2,877 | 3,797 | 88 |
| IN-915241 | 22.3 | Jul 27, 2026 | $181,700 | 8,157 | 7,174 | 87 |
| IN-225167 | 21.1 | Jul 27, 2026 | $101,200 | 4,792 | 4,338 | 85 |
| IN-264587 | 13.9 | Dec 4, 2025 | $133,700 | 9,642 | 7,080 | 80 |
| IN-116089 | 41.2 | Jul 27, 2026 | $189,700 | 4,606 | 5,261 | 78 |
| IN-555718 | 31.5 | Jul 27, 2026 | $187,900 | 5,969 | 3,898 | 74 |
| IN-225733 | 31.8 | Dec 11, 2025 | $211,600 | 6,649 | 6,405 | 72 |
| IN-446260 | 46.6 | Jul 27, 2026 | $299,100 | 6,418 | 6,379 | 72 |
| IN-243682 | 7.2 | Jul 27, 2026 | $70,600 | 9,800 | 4,617 | 69 |
| IN-546014 | 39.0 | Apr 26, 2025 | $154,600 | 3,963 | 5,964 | 68 |
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.