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Ripley County, IN · Sold

IN-509088

6962 County Road 26

$1,224,000
$3,385/ac · 362 ac
Acreage362 ac
Price per acre$3,385/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedSep 28, 2023
Coordinates39.0774, -85.2597
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

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands32.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,282 ft away

Service extension needed; get a utility quote.

Buildable area230.81 of 361.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,708,215
$1,229,915$2,186,515 · $4,725/ac on 362 ac
Asking vs estimate
-28.3%
Priced below 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 $1,224,000
Maximum allowable offer
$976,123
$2,700/ac · +30.0% target margin

You need $247,877 off asking to hit this margin.

All-in cost$1,059,093
Net resale$1,571,558
Projected profit$512,464
ROI+48.4%
Annualized+69.2%
Break-even resale$3,184/ac
Profit if resale lands off target
-20%
$198,153
-10%
$355,309
0%
$512,464
+10%
$669,620
+20%
$826,776
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-949438
Gravel · Off grid
465.9Jun 3, 2026$1,494,6003,2083,4891.4 mi
88
IN-448852
Paved · Off grid
304.7Jul 15, 2026$1,665,4005,4654,4201.8 mi
87
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2112,8195.9 mi
85
IN-319998
Landlocked · Off grid
699.0Jul 27, 2026$1,142,2001,6342,9380.9 mi
84
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4315,9815.4 mi
81
IN-439245
Landlocked · Off grid
405.1Sep 14, 2024$1,478,2003,6495,9982.6 mi
76
IN-308505
Landlocked · Power at road
237.0Nov 12, 2025$684,1002,8873,2941.4 mi
75
IN-978572
Dirt · Off grid
248.8Jun 24, 2024$1,382,1005,5556,3164.3 mi
74
IN-999443
Dirt · Off grid
467.6Jul 15, 2024$2,425,8005,1887,0842.3 mi
73
IN-678927
Gravel · Full utilities
321.8Feb 26, 2024$2,454,1007,6275,6686.7 mi
73
Show adjustment detail for the top comp
  • Tract size (465.89 ac → 361.55 ac)+7.9%
  • 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.