← New search
Ripley County, IN · Sold

IN-726070

2631 County Road 318

$255,200
$6,284/ac · 40.61 ac
Acreage40.61 ac
Price per acre$6,284/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedOct 22, 2025
Coordinates39.1129, -85.1745
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

1 item to verify before you offer.

Risk index
25
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power57 ft away

Power at or near the road.

Buildable area38.31 of 40.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$251,761
$183,760$319,761 · $6,199/ac on 40.61 ac
Asking vs estimate
+1.4%
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 $255,200
Maximum allowable offer
$143,863
$3,543/ac · +30.0% target margin

You need $111,337 off asking to hit this margin.

All-in cost$156,091
Net resale$231,620
Projected profit$75,528
ROI+48.4%
Annualized+69.3%
Break-even resale$4,178/ac
Profit if resale lands off target
-20%
$29,204
-10%
$52,366
0%
$75,528
+10%
$98,690
+20%
$121,852
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-475607
Landlocked · Off grid
29.0Jul 27, 2026$101,2003,4843,8804.6 mi
83
IN-336291
Dirt · Off grid
47.7May 15, 2026$345,0007,2387,0156.1 mi
80
IN-946864
Paved · Power at road
72.2Jul 27, 2026$444,7006,1604,0052.4 mi
80
IN-175437
Gravel · Power at road
25.7Dec 9, 2025$303,80011,8297,6694.4 mi
79
IN-216418
Landlocked · Power at road
52.3Sep 18, 2025$419,5008,0268,7504.6 mi
79
IN-596751
Gravel · Power at road
66.5Jul 27, 2026$534,4008,0336,0506.1 mi
79
IN-796700
Dirt · Power at road
64.1May 30, 2026$562,9008,7817,6806.9 mi
78
IN-395311
Dirt · Power at road
23.4Mar 3, 2026$165,9007,0795,2181.2 mi
77
IN-714371
Dirt · Power at road
11.9Jul 27, 2026$132,00011,1287,4602.1 mi
77
IN-675681
Gravel · Power at road
30.6Nov 3, 2025$197,2006,4374,3068.3 mi
74
Show adjustment detail for the top comp
  • Tract size (29.04 ac → 40.61 ac)-5.6%
  • Utilities (Off grid → Power at road)+17.6%

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.