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Ripley County, IN · Sold

IN-715117

7422 County Road 355

$189,100
$9,288/ac · 20.36 ac
Acreage20.36 ac
Price per acre$9,288/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedFeb 27, 2025
Coordinates39.1016, -85.2973
Loading terrain…
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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,076 ft of deeded road frontage.

Power9,924 ft away

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

Buildable area17.41 of 20.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$149,031
$117,143$180,918 · $7,320/ac on 20.36 ac
Asking vs estimate
+26.9%
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 $189,100
Maximum allowable offer
$85,160
$4,183/ac · +30.0% target margin

You need $103,940 off asking to hit this margin.

All-in cost$92,399
Net resale$137,108
Projected profit$44,709
ROI+48.4%
Annualized+69.3%
Break-even resale$4,933/ac
Profit if resale lands off target
-20%
$17,288
-10%
$30,999
0%
$44,709
+10%
$58,420
+20%
$72,131
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-395311
Dirt · Power at road
23.4Mar 3, 2026$165,9007,0796,2497.4 mi
81
IN-475607
Landlocked · Off grid
29.0Jul 27, 2026$101,2003,4844,6478.3 mi
79
IN-714371
Dirt · Power at road
11.9Jul 27, 2026$132,00011,1288,9356.3 mi
79
IN-175437
Gravel · Power at road
25.7Dec 9, 2025$303,80011,8299,1854.8 mi
76
IN-336291
Dirt · Off grid
47.7May 15, 2026$345,0007,2388,4024.6 mi
76
IN-675681
Gravel · Power at road
30.6Nov 3, 2025$197,2006,4375,1581.8 mi
75
IN-796700
Dirt · Power at road
64.1May 30, 2026$562,9008,7819,1980.4 mi
74
IN-726070
Landlocked · Power at road
40.6Jul 6, 2026$248,6006,1217,3656.6 mi
73
IN-993894
Paved · Off grid
8.4Jan 11, 2025$81,5009,7086,9214.0 mi
69
IN-596751
Gravel · Power at road
66.5Jul 27, 2026$534,4008,0337,2475.0 mi
69
Show adjustment detail for the top comp
  • Tract size (23.44 ac → 20.36 ac)+1.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.9%

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.