Comparable sales & offer analysis
Parcel IN-547838
Ripley County, IN · 146 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,168,900
Adjusted value
$787,504
Value range
$587,574–$987,435
Comp $/acre
$5,387/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.4% versus the adjusted value.
Offer position
Max allowable offer
$450,003
Offer $/acre
$3,078/ac
Projected profit
$236,251
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-448852 | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 5,602 | 78 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 6,453 | 77 |
| IN-498890 | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 3,572 | 75 |
| IN-308505 | 237.0 | Nov 12, 2025 | $684,100 | 2,887 | 4,173 | 75 |
| IN-257945 | 158.0 | Oct 12, 2024 | $926,400 | 5,864 | 6,255 | 74 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 3,667 | 73 |
| IN-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 5,540 | 71 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 7,031 | 71 |
| IN-548759 | 284.9 | Apr 4, 2026 | $2,117,000 | 7,431 | 7,579 | 70 |
| IN-578355 | 212.6 | May 22, 2024 | $623,000 | 2,930 | 4,050 | 69 |
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.