Comparable sales & offer analysis
Parcel IN-264587
Tippecanoe County, IN · 13.87 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$135,500
Adjusted value
$109,971
Value range
$82,952–$136,991
Comp $/acre
$7,929/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.2% versus the adjusted value.
Offer position
Max allowable offer
$62,841
Offer $/acre
$4,531/ac
Projected profit
$32,991
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 | 6,113 | 82 |
| IN-915241 | 22.3 | Jul 27, 2026 | $181,700 | 8,157 | 10,111 | 82 |
| IN-525138 | 20.7 | Feb 14, 2026 | $59,500 | 2,877 | 5,351 | 80 |
| IN-224958 | 18.1 | Nov 24, 2024 | $131,300 | 7,232 | 10,987 | 75 |
| IN-555718 | 31.5 | Jul 27, 2026 | $187,900 | 5,969 | 5,493 | 73 |
| IN-243682 | 7.2 | Jul 27, 2026 | $70,600 | 9,800 | 6,508 | 72 |
| IN-225733 | 31.8 | Dec 11, 2025 | $211,600 | 6,649 | 9,027 | 71 |
| IN-116089 | 41.2 | Jul 27, 2026 | $189,700 | 4,606 | 7,414 | 71 |
| IN-373995 | 9.0 | Dec 12, 2024 | $56,400 | 6,245 | 9,519 | 70 |
| IN-446260 | 46.6 | Jul 27, 2026 | $299,100 | 6,418 | 8,990 | 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.