Comparable sales & offer analysis
Parcel IN-651381
Tippecanoe County, IN · 1.36 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,400
Adjusted value
$12,827
Value range
$9,539–$16,115
Comp $/acre
$9,432/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.3% versus the adjusted value.
Offer position
Max allowable offer
$7,330
Offer $/acre
$5,390/ac
Projected profit
$3,848
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-731319 | 1.3 | Feb 4, 2025 | $16,500 | 12,675 | 13,480 | 79 |
| IN-270684 | 0.8 | Apr 30, 2026 | $7,700 | 9,331 | 11,461 | 78 |
| IN-792052 | 2.2 | Jan 2, 2026 | $12,800 | 5,793 | 8,603 | 76 |
| IN-330831 | 0.9 | Apr 29, 2025 | $5,300 | 5,871 | 8,845 | 76 |
| IN-621826 | 1.9 | Aug 14, 2025 | $13,700 | 7,276 | 6,460 | 75 |
| IN-150993 | 1.0 | Apr 11, 2025 | $3,400 | 3,312 | 7,361 | 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.