IN-678927
5909 County Road 294
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Ripley County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Ripley market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
2,038 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $1,523,772 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-498890 Gravel · Full utilities | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 4,187 | 4.5 mi | 91 |
| IN-448852 Paved · Off grid | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 6,566 | 5.9 mi | 84 |
| IN-548759 Gravel · Power at road | 284.9 | Apr 4, 2026 | $2,117,000 | 7,431 | 8,885 | 8.8 mi | 81 |
| IN-949438 Gravel · Off grid | 465.9 | Jun 3, 2026 | $1,494,600 | 3,208 | 5,183 | 8.0 mi | 79 |
| IN-319998 Landlocked · Off grid | 699.0 | Jul 27, 2026 | $1,142,200 | 1,634 | 4,364 | 6.2 mi | 73 |
| IN-308505 Landlocked · Power at road | 237.0 | Nov 12, 2025 | $684,100 | 2,887 | 4,892 | 7.7 mi | 73 |
| IN-509088 Gravel · Off grid | 361.6 | Jan 7, 2024 | $1,231,300 | 3,406 | 5,613 | 6.7 mi | 72 |
| IN-439245 Landlocked · Off grid | 405.1 | Sep 14, 2024 | $1,478,200 | 3,649 | 8,909 | 6.1 mi | 69 |
| IN-857616 Gravel · Off grid | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 7,565 | 5.1 mi | 68 |
| IN-999443 Dirt · Off grid | 467.6 | Jul 15, 2024 | $2,425,800 | 5,188 | 10,523 | 4.6 mi | 67 |
Show adjustment detail for the top comp
- Tract size (313.24 ac → 321.75 ac)-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.