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Ripley County, IN · Sold

IN-857616

3524 County Road 345

$789,800
$6,345/ac · 124 ac
Acreage124 ac
Price per acre$6,345/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJan 7, 2025
Coordinates39.1076, -85.2736
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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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,307 ft of deeded road frontage.

Power2,770 ft away

Service extension needed; get a utility quote.

Buildable area110.92 of 124.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$786,746
$596,120$977,371 · $6,321/ac on 124 ac
Asking vs estimate
+0.4%
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 $789,800
Maximum allowable offer
$449,569
$3,612/ac · +30.0% target margin

You need $340,231 off asking to hit this margin.

All-in cost$487,782
Net resale$723,806
Projected profit$236,024
ROI+48.4%
Annualized+69.2%
Break-even resale$4,260/ac
Profit if resale lands off target
-20%
$91,262
-10%
$163,643
0%
$236,024
+10%
$308,404
+20%
$380,785
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-596751
Gravel · Power at road
66.5Jul 27, 2026$534,4008,0335,8874.3 mi
83
IN-946864
Paved · Power at road
72.2Jul 27, 2026$444,7006,1603,8975.4 mi
81
IN-796700
Dirt · Power at road
64.1May 30, 2026$562,9008,7817,4721.7 mi
81
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2113,7965.8 mi
79
IN-448852
Paved · Off grid
304.7Jul 15, 2026$1,665,4005,4655,9530.7 mi
77
IN-336291
Dirt · Off grid
47.7May 15, 2026$345,0007,2386,8263.9 mi
77
IN-547838
Landlocked · Full utilities
146.2Mar 24, 2025$1,135,0007,7648,7832.6 mi
75
IN-257945
Dirt · Power at road
158.0Oct 12, 2024$926,4005,8646,6505.2 mi
74
IN-346846
Gravel · Off grid
71.3Sep 15, 2025$487,9006,8476,2125.7 mi
74
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4318,0554.6 mi
73
Show adjustment detail for the top comp
  • Tract size (66.52 ac → 124.47 ac)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.