Ripley County, IN · Sold

IN-999443

7018 County Road 184

$2,387,600

$5,106/ac · 468 ac

Offer report Market this tract

Acreage468 ac

Price per acre$5,106/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedDec 17, 2023

Coordinates39.1055, -85.2373

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Ripley County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Ripley market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope14.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,010 ft of deeded road frontage.

Power9,812 ft away

A long utility run — price in solar/off-grid instead.

Buildable area362.09 of 467.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,617,165

$1,164,359 – $2,069,971 · $3,459/ac on 468 ac

Asking vs estimate

+47.6%

Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $2,387,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$924,094

$1,976/ac · +30.0% target margin

You need $1,463,506 off asking to hit this margin.

All-in cost$1,002,642

Net resale$1,487,792

Projected profit$485,150

ROI+48.4%

Annualized+69.2%

Break-even resale$2,331/ac

Profit if resale lands off target

-20%

$187,591

-10%

$336,371

$485,150

+10%

$633,929

+20%

$782,708

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-949438 Gravel · Off grid	465.9	Jun 3, 2026	$1,494,600	3,208	2,779	3.5 mi	88
IN-448852 Paved · Off grid	304.7	Jul 15, 2026	$1,665,400	5,465	3,521	2.4 mi	86
IN-319998 Landlocked · Off grid	699.0	Jul 27, 2026	$1,142,200	1,634	2,340	2.1 mi	83
IN-989589 Landlocked · Off grid	519.8	Feb 11, 2025	$1,446,200	2,782	3,863	2.6 mi	82
IN-498890 Gravel · Full utilities	313.2	Jul 27, 2026	$1,319,000	4,211	2,245	4.0 mi	79
IN-439245 Landlocked · Off grid	405.1	Sep 14, 2024	$1,478,200	3,649	4,777	3.2 mi	75
IN-548759 Gravel · Power at road	284.9	Apr 4, 2026	$2,117,000	7,431	4,764	6.5 mi	73
IN-509088 Gravel · Off grid	361.6	Jan 7, 2024	$1,231,300	3,406	3,010	2.3 mi	71
IN-308505 Landlocked · Power at road	237.0	Nov 12, 2025	$684,100	2,887	2,623	3.5 mi	70
IN-978572 Dirt · Off grid	248.8	Jun 24, 2024	$1,382,100	5,555	5,031	4.8 mi	68

Show adjustment detail for the top comp

Access (Gravel → Dirt)-14.0%
Market time (2 mo)+0.8%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV