Comparable sales & offer analysis
Parcel IN-150993
Tippecanoe County, IN · 1.03 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,700
Adjusted value
$4,762
Value range
$3,668–$5,856
Comp $/acre
$4,623/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.3% versus the adjusted value.
Offer position
Max allowable offer
$2,721
Offer $/acre
$2,642/ac
Projected profit
$1,429
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-270684 | 0.8 | Apr 30, 2026 | $7,700 | 9,331 | 5,478 | 74 |
| IN-651381 | 1.4 | Feb 6, 2026 | $12,200 | 8,944 | 4,369 | 74 |
| IN-330831 | 0.9 | Apr 29, 2025 | $5,300 | 5,871 | 4,227 | 72 |
| IN-731319 | 1.3 | Feb 4, 2025 | $16,500 | 12,675 | 6,442 | 70 |
| IN-792052 | 2.2 | Jan 2, 2026 | $12,800 | 5,793 | 4,112 | 70 |
| IN-621826 | 1.9 | Aug 14, 2025 | $13,700 | 7,276 | 3,087 | 70 |
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.