Ripley County, IN · Sold

IN-989589

5299 County Road 35

$1,376,000

$2,647/ac · 520 ac

Offer report Market this tract

Acreage520 ac

Price per acre$2,647/ac

ZoningMixed Use

Road accessLandlocked

UtilitiesOff grid

TopographyMixed

ListedMay 14, 2024

Coordinates39.0834, -85.1980

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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

Moderate risk

Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power796 ft away

Power at or near the road.

Buildable area402.91 of 519.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,446,192

$1,041,258 – $1,851,126 · $2,782/ac on 520 ac

Asking vs estimate

-4.9%

In line with 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 $1,376,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$826,396

$1,590/ac · +30.0% target margin

You need $549,604 off asking to hit this margin.

All-in cost$896,640

Net resale$1,330,497

Projected profit$433,857

ROI+48.4%

Annualized+69.2%

Break-even resale$1,875/ac

Profit if resale lands off target

-20%

$167,758

-10%

$300,808

$433,857

+10%

$566,907

+20%

$699,957

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-319998 Landlocked · Off grid	699.0	Jul 27, 2026	$1,142,200	1,634	1,792	3.9 mi	86
IN-949438 Gravel · Off grid	465.9	Jun 3, 2026	$1,494,600	3,208	2,128	3.6 mi	85
IN-448852 Paved · Off grid	304.7	Jul 15, 2026	$1,665,400	5,465	2,697	4.6 mi	83
IN-999443 Dirt · Off grid	467.6	Jul 15, 2024	$2,425,800	5,188	4,322	2.6 mi	80
IN-498890 Gravel · Full utilities	313.2	Jul 27, 2026	$1,319,000	4,211	1,720	3.2 mi	78
IN-439245 Landlocked · Off grid	405.1	Sep 14, 2024	$1,478,200	3,649	3,659	5.4 mi	74
IN-548759 Gravel · Power at road	284.9	Apr 4, 2026	$2,117,000	7,431	3,649	8.6 mi	71
IN-308505 Landlocked · Power at road	237.0	Nov 12, 2025	$684,100	2,887	2,009	4.7 mi	70
IN-509088 Gravel · Off grid	361.6	Jan 7, 2024	$1,231,300	3,406	2,305	3.3 mi	69
IN-978572 Dirt · Off grid	248.8	Jun 24, 2024	$1,382,100	5,555	3,853	2.5 mi	65

Show adjustment detail for the top comp

Tract size (698.99 ac → 519.75 ac)+9.5%

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