Comparable sales & offer analysis
Parcel IN-206359
Ripley County, IN · 50.07 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$368,900
Adjusted value
$365,717
Value range
$272,304–$459,130
Comp $/acre
$7,304/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.9% versus the adjusted value.
Offer position
Max allowable offer
$208,981
Offer $/acre
$4,174/ac
Projected profit
$109,715
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 8,569 | 88 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 9,381 | 86 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 4,892 | 85 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 7,512 | 85 |
| IN-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 7,391 | 84 |
| IN-216418 | 52.3 | Sep 18, 2025 | $419,500 | 8,026 | 10,687 | 79 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 6,373 | 75 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 4,739 | 75 |
| IN-346846 | 71.3 | Sep 15, 2025 | $487,900 | 6,847 | 7,797 | 75 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 5,260 | 75 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.