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Ripley County, IN · Sold

IN-578355

8967 County Road 329

$735,500
$3,460/ac · 213 ac
Acreage213 ac
Price per acre$3,460/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 25, 2024
Coordinates39.0687, -85.2477
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

5 items to verify before you offer.

Risk index
25
Low risk
Wetlands13.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

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.

Power3,204 ft away

Service extension needed; get a utility quote.

Buildable area174.91 of 212.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$970,601
$698,833$1,242,369 · $4,565/ac on 213 ac
Asking vs estimate
-24.2%
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 $735,500
Maximum allowable offer
$554,629
$2,609/ac · +30.0% target margin

You need $180,871 off asking to hit this margin.

All-in cost$601,772
Net resale$892,953
Projected profit$291,181
ROI+48.4%
Annualized+69.2%
Break-even resale$3,077/ac
Profit if resale lands off target
-20%
$112,590
-10%
$201,885
0%
$291,181
+10%
$380,476
+20%
$469,771
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-308505
Landlocked · Power at road
237.0Nov 12, 2025$684,1002,8873,3012.0 mi
85
IN-448852
Paved · Off grid
304.7Jul 15, 2026$1,665,4005,4654,4312.7 mi
83
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4315,9956.2 mi
82
IN-949438
Gravel · Off grid
465.9Jun 3, 2026$1,494,6003,2083,4970.9 mi
81
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2112,8265.7 mi
79
IN-978572
Dirt · Off grid
248.8Jun 24, 2024$1,382,1005,5556,3313.5 mi
76
IN-857616
Gravel · Off grid
124.5Oct 21, 2025$825,3006,6315,1053.0 mi
74
IN-257945
Dirt · Power at road
158.0Oct 12, 2024$926,4005,8644,9502.1 mi
74
IN-319998
Landlocked · Off grid
699.0Jul 27, 2026$1,142,2001,6342,9451.8 mi
73
IN-547838
Landlocked · Full utilities
146.2Mar 24, 2025$1,135,0007,7646,5381.4 mi
72
Show adjustment detail for the top comp
  • Tract size (237 ac → 212.6 ac)+3.1%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.2%

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.