After buying thousands of acres in Boone County to home a contentious technology park, the Indiana Economic Development Corp. (IEDC) quietly listed two purchases for sale one month ago. Prices for both are less than what state taxpayers paid two years ago for the properties.

The Limitless Exploration/Advance Pace Research and Innovation District — LEAP, for short — has been pitched as a future competitor with North Carolina’s Research Triangle. Developers with the IEDC landed on Boone County due to its location halfway between Indianapolis and Purdue University, with access to a major interstate.

As of October, the IEDC has spent almost $427 million on roughly 5,800 acres tied to the project. Initially the state planned to purchase up to 11,000 acres.

Both of the parcels — at 2009 W 250

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