Comparable sales & offer analysis
Parcel IN-621826
Tippecanoe County, IN · 1.88 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$16,600
Adjusted value
$21,634
Value range
$17,173–$26,095
Comp $/acre
$11,507/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.3% versus the adjusted value.
Offer position
Max allowable offer
$12,362
Offer $/acre
$6,576/ac
Projected profit
$6,490
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-792052 | 2.2 | Jan 2, 2026 | $12,800 | 5,793 | 10,098 | 79 |
| IN-651381 | 1.4 | Feb 6, 2026 | $12,200 | 8,944 | 10,729 | 79 |
| IN-731319 | 1.3 | Feb 4, 2025 | $16,500 | 12,675 | 15,823 | 71 |
| IN-270684 | 0.8 | Apr 30, 2026 | $7,700 | 9,331 | 13,453 | 71 |
| IN-150993 | 1.0 | Apr 11, 2025 | $3,400 | 3,312 | 8,641 | 69 |
| IN-330831 | 0.9 | Apr 29, 2025 | $5,300 | 5,871 | 10,382 | 67 |
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.