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Ripley County, IN · Sold

IN-257945

2152 County Road 281

$982,400
$6,219/ac · 158 ac
Acreage158 ac
Price per acre$6,219/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedApr 26, 2024
Coordinates39.0399, -85.2326
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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,801 ft of deeded road frontage.

Power170 ft away

Power at or near the road.

Buildable area129.21 of 157.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$892,269
$642,434$1,142,104 · $5,648/ac on 158 ac
Asking vs estimate
+10.1%
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 $982,400
Maximum allowable offer
$509,868
$3,228/ac · +30.0% target margin

You need $472,532 off asking to hit this margin.

All-in cost$553,207
Net resale$820,887
Projected profit$267,681
ROI+48.4%
Annualized+69.2%
Break-even resale$3,806/ac
Profit if resale lands off target
-20%
$103,503
-10%
$185,592
0%
$267,681
+10%
$349,769
+20%
$431,858
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-857616
Gravel · Off grid
124.5Oct 21, 2025$825,3006,6316,5175.2 mi
79
IN-796700
Dirt · Power at road
64.1May 30, 2026$562,9008,7817,1005.4 mi
79
IN-946864
Paved · Power at road
72.2Jul 27, 2026$444,7006,1603,7037.8 mi
78
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2113,6076.7 mi
78
IN-596751
Gravel · Power at road
66.5Jul 27, 2026$534,4008,0335,5949.1 mi
76
IN-547838
Landlocked · Full utilities
146.2Mar 24, 2025$1,135,0007,7648,3463.2 mi
76
IN-308505
Landlocked · Power at road
237.0Nov 12, 2025$684,1002,8874,2143.5 mi
76
IN-448852
Paved · Off grid
304.7Jul 15, 2026$1,665,4005,4655,6564.8 mi
75
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4317,6547.8 mi
73
IN-578355
Dirt · Off grid
212.6May 22, 2024$623,0002,9304,0922.1 mi
72
Show adjustment detail for the top comp
  • Tract size (124.47 ac → 157.97 ac)-6.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.4%

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.