Comparable sales & offer analysis
Parcel IN-163931
Ripley County, IN · 8.62 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$131,500
Adjusted value
$110,283
Value range
$84,476–$136,089
Comp $/acre
$12,794/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.2% versus the adjusted value.
Offer position
Max allowable offer
$63,019
Offer $/acre
$7,311/ac
Projected profit
$33,085
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-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 13,961 | 87 |
| IN-993894 | 8.4 | Jan 11, 2025 | $81,500 | 9,708 | 10,815 | 73 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 9,765 | 69 |
| IN-715117 | 20.4 | Oct 12, 2025 | $179,500 | 8,814 | 14,260 | 68 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 14,353 | 67 |
| IN-844354 | 11.7 | Mar 3, 2025 | $98,900 | 8,442 | 14,167 | 66 |
| IN-494488 | 12.9 | Nov 4, 2023 | $159,700 | 12,368 | 17,635 | 66 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 7,261 | 66 |
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.