Comparable sales & offer analysis
Parcel IN-531529
Ripley County, IN · 1.51 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$19,100
Adjusted value
$22,180
Value range
$17,581–$26,780
Comp $/acre
$14,689/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.9% versus the adjusted value.
Offer position
Max allowable offer
$12,674
Offer $/acre
$8,394/ac
Projected profit
$6,654
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-701994 | 2.1 | Jul 27, 2026 | $16,900 | 7,964 | 9,913 | 82 |
| IN-590236 | 0.6 | Jul 27, 2026 | $7,900 | 13,405 | 16,427 | 72 |
| IN-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 14,901 | 67 |
| IN-163931 | 8.6 | Sep 20, 2025 | $139,300 | 16,155 | 17,896 | 62 |
| IN-844354 | 11.7 | Mar 3, 2025 | $98,900 | 8,442 | 15,120 | 57 |
| IN-993894 | 8.4 | Jan 11, 2025 | $81,500 | 9,708 | 11,542 | 56 |
| IN-494488 | 12.9 | Nov 4, 2023 | $159,700 | 12,368 | 18,822 | 49 |
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.