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Ripley County, IN · Sold

IN-448852

4928 County Road 355

$1,596,700
$5,240/ac · 305 ac
Acreage305 ac
Price per acre$5,240/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJul 5, 2025
Coordinates39.0984, -85.2809
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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

5 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

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.

Power12,976 ft away

A long utility run — price in solar/off-grid instead.

Buildable area235.37 of 304.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,702,193
$1,225,579$2,178,806 · $5,586/ac on 305 ac
Asking vs estimate
-6.2%
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 $1,596,700
Maximum allowable offer
$972,681
$3,192/ac · +30.0% target margin

You need $624,019 off asking to hit this margin.

All-in cost$1,055,359
Net resale$1,566,017
Projected profit$510,658
ROI+48.4%
Annualized+69.2%
Break-even resale$3,764/ac
Profit if resale lands off target
-20%
$197,455
-10%
$354,057
0%
$510,658
+10%
$667,260
+20%
$823,862
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-498890
Gravel · Full utilities
313.2Jul 27, 2026$1,319,0004,2113,4986.4 mi
85
IN-548759
Gravel · Power at road
284.9Apr 4, 2026$2,117,0007,4317,4214.1 mi
83
IN-949438
Gravel · Off grid
465.9Jun 3, 2026$1,494,6003,2084,3293.1 mi
80
IN-308505
Landlocked · Power at road
237.0Nov 12, 2025$684,1002,8874,0861.9 mi
78
IN-319998
Landlocked · Off grid
699.0Jul 27, 2026$1,142,2001,6343,6450.9 mi
78
IN-439245
Landlocked · Off grid
405.1Sep 14, 2024$1,478,2003,6497,4410.9 mi
74
IN-999443
Dirt · Off grid
467.6Jul 15, 2024$2,425,8005,1888,7892.4 mi
74
IN-989589
Landlocked · Off grid
519.8Feb 11, 2025$1,446,2002,7826,0184.6 mi
73
IN-509088
Gravel · Off grid
361.6Jan 7, 2024$1,231,3003,4064,6881.8 mi
73
IN-857616
Gravel · Off grid
124.5Oct 21, 2025$825,3006,6316,3190.7 mi
71
Show adjustment detail for the top comp
  • Tract size (313.24 ac → 304.74 ac)+0.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.