Ripley County, IN · Sold

IN-531529

7166 County Road 46

$19,100

$12,649/ac · 1.51 ac

Offer report Market this tract

Acreage1.51 ac

Price per acre$12,649/ac

ZoningUnzoned

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedJun 17, 2025

Coordinates39.1304, -85.2555

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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

Wetlands13.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

266 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.24 of 1.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$22,180

$17,581 – $26,779 · $14,689/ac on 1.51 ac

Asking vs estimate

-13.9%

Priced below the comp set

Weighted from 7 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 $19,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$12,674

$8,394/ac · +30.0% target margin

You need $6,426 off asking to hit this margin.

All-in cost$13,751

Net resale$20,406

Projected profit$6,654

ROI+48.4%

Annualized+69.3%

Break-even resale$9,899/ac

Profit if resale lands off target

-20%

$2,573

-10%

$4,614

$6,654

+10%

$8,695

+20%

$10,735

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-701994 Gravel · Off grid	2.1	Jul 27, 2026	$16,900	7,964	9,912	2.3 mi	82
IN-590236 Gravel · Off grid	0.6	Jul 27, 2026	$7,900	13,405	16,427	4.7 mi	72
IN-714371 Dirt · Power at road	11.9	Jul 27, 2026	$132,000	11,128	14,901	3.5 mi	67
IN-163931 Dirt · Full utilities	8.6	Sep 20, 2025	$139,300	16,155	17,896	6.7 mi	62
IN-844354 Landlocked · Power at road	11.7	Mar 3, 2025	$98,900	8,442	15,120	6.1 mi	57
IN-993894 Paved · Off grid	8.4	Jan 11, 2025	$81,500	9,708	11,542	3.5 mi	56
IN-494488 Gravel · Off grid	12.9	Nov 4, 2023	$159,700	12,368	18,822	4.2 mi	49

Show adjustment detail for the top comp

Tract size (2.12 ac → 1.51 ac)+0.6%
Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Full utilities)+43.5%

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