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Ripley County, IN · Sold

IN-675681

1294 County Road 128

$236,500
$7,719/ac · 30.64 ac
Acreage30.64 ac
Price per acre$7,719/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 5, 2025
Coordinates39.1083, -85.3300
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope3.3%

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.

Power220 ft away

Power at or near the road.

Buildable area26.08 of 30.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$296,339
$229,821$362,858 · $9,672/ac on 30.64 ac
Asking vs estimate
-20.2%
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 $236,500
Maximum allowable offer
$169,337
$5,527/ac · +30.0% target margin

You need $67,163 off asking to hit this margin.

All-in cost$183,731
Net resale$272,632
Projected profit$88,902
ROI+48.4%
Annualized+69.2%
Break-even resale$6,518/ac
Profit if resale lands off target
-20%
$34,375
-10%
$61,638
0%
$88,902
+10%
$116,165
+20%
$143,428
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-596751
Gravel · Power at road
66.5Jul 27, 2026$534,4008,0339,3425.5 mi
82
IN-475607
Landlocked · Off grid
29.0Jul 27, 2026$101,2003,4845,9909.5 mi
82
IN-175437
Gravel · Power at road
25.7Dec 9, 2025$303,80011,82911,8405.8 mi
81
IN-796700
Dirt · Power at road
64.1May 30, 2026$562,9008,78111,8571.7 mi
81
IN-336291
Dirt · Off grid
47.7May 15, 2026$345,0007,23810,8315.1 mi
81
IN-726070
Landlocked · Power at road
40.6Jul 6, 2026$248,6006,1219,4948.3 mi
80
IN-946864
Paved · Power at road
72.2Jul 27, 2026$444,7006,1606,1838.2 mi
77
IN-395311
Dirt · Power at road
23.4Mar 3, 2026$165,9007,0798,0569.1 mi
77
IN-715117
Dirt · Off grid
20.4Oct 12, 2025$179,5008,81411,7641.8 mi
75
IN-714371
Dirt · Power at road
11.9Jul 27, 2026$132,00011,12811,5187.8 mi
72
Show adjustment detail for the top comp
  • Tract size (66.52 ac → 30.64 ac)+16.0%

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.