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Ripley County, IN · Sold

IN-319998

8638 County Road 166

$1,318,900
$1,887/ac · 699 ac
Acreage699 ac
Price per acre$1,887/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJun 28, 2026
Coordinates39.0882, -85.2701
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

4 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope24.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,962 ft away

A long utility run — price in solar/off-grid instead.

Buildable area413.10 of 698.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,856,826
$1,336,915$2,376,737 · $2,656/ac on 699 ac
Asking vs estimate
-29.0%
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 $1,318,900
Maximum allowable offer
$1,061,043
$1,518/ac · +30.0% target margin

You need $257,857 off asking to hit this margin.

All-in cost$1,151,232
Net resale$1,708,280
Projected profit$557,048
ROI+48.4%
Annualized+69.2%
Break-even resale$1,790/ac
Profit if resale lands off target
-20%
$215,392
-10%
$386,220
0%
$557,048
+10%
$727,876
+20%
$898,704
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-949438
Gravel · Off grid
465.9Jun 3, 2026$1,494,6003,2081,9452.2 mi
81
IN-448852
Paved · Off grid
304.7Jul 15, 2026$1,665,4005,4652,4640.9 mi
77
IN-989589
Landlocked · Off grid
519.8Feb 11, 2025$1,446,2002,7822,7033.9 mi
76
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2111,5716.0 mi
73
IN-439245
Landlocked · Off grid
405.1Sep 14, 2024$1,478,2003,6493,3431.7 mi
72
IN-999443
Dirt · Off grid
467.6Jul 15, 2024$2,425,8005,1883,9482.1 mi
71
IN-509088
Gravel · Off grid
361.6Jan 7, 2024$1,231,3003,4062,1060.9 mi
71
IN-308505
Landlocked · Power at road
237.0Nov 12, 2025$684,1002,8871,8361.4 mi
69
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4313,3344.7 mi
69
IN-978572
Dirt · Off grid
248.8Jun 24, 2024$1,382,1005,5553,5205.2 mi
65
Show adjustment detail for the top comp
  • Tract size (465.89 ac → 698.99 ac)-11.6%
  • Access (Gravel → Landlocked)-32.0%
  • 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.