Ripley County, IN · Sold

IN-163931

9898 County Road 87

$131,500

$15,255/ac · 8.62 ac

Offer report Market this tract

Acreage8.62 ac

Price per acre$15,255/ac

ZoningResidential

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedAug 19, 2024

Coordinates39.0397, -85.2137

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area6.86 of 8.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$110,282

$84,475 – $136,088 · $12,794/ac on 8.62 ac

Asking vs estimate

+19.2%

Priced above the comp set

Weighted from 8 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 $131,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$63,018

$7,311/ac · +30.0% target margin

You need $68,482 off asking to hit this margin.

All-in cost$68,375

Net resale$101,459

Projected profit$33,085

ROI+48.4%

Annualized+69.3%

Break-even resale$8,622/ac

Profit if resale lands off target

-20%

$12,793

-10%

$22,939

$33,085

+10%

$43,231

+20%

$53,376

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-714371 Dirt · Power at road	11.9	Jul 27, 2026	$132,000	11,128	13,961	7.1 mi	87
IN-993894 Paved · Off grid	8.4	Jan 11, 2025	$81,500	9,708	10,815	9.7 mi	73
IN-395311 Dirt · Power at road	23.4	Mar 3, 2026	$165,900	7,079	9,765	6.7 mi	69
IN-715117 Dirt · Off grid	20.4	Oct 12, 2025	$179,500	8,814	14,259	6.2 mi	68
IN-175437 Gravel · Power at road	25.7	Dec 9, 2025	$303,800	11,829	14,353	7.9 mi	67
IN-844354 Landlocked · Power at road	11.7	Mar 3, 2025	$98,900	8,442	14,166	11.7 mi	66
IN-494488 Gravel · Off grid	12.9	Nov 4, 2023	$159,700	12,368	17,635	2.7 mi	66
IN-475607 Landlocked · Off grid	29.0	Jul 27, 2026	$101,200	3,484	7,261	9.8 mi	66

Show adjustment detail for the top comp

Tract size (11.86 ac → 8.62 ac)+2.6%
Utilities (Power at road → Full utilities)+22.0%

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