Comparable sales & offer analysis
Parcel IN-715117
Ripley County, IN · 20.36 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$189,100
Adjusted value
$149,834
Value range
$117,769–$181,899
Comp $/acre
$7,359/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.2% versus the adjusted value.
Offer position
Max allowable offer
$85,620
Offer $/acre
$4,205/ac
Projected profit
$44,950
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-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 6,284 | 80 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 4,673 | 78 |
| IN-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 8,985 | 78 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 9,235 | 75 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 8,449 | 74 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 5,186 | 74 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 9,249 | 73 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 7,406 | 72 |
| IN-993894 | 8.4 | Jan 11, 2025 | $81,500 | 9,708 | 6,958 | 69 |
| IN-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 7,288 | 68 |
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.