Comparable sales & offer analysis
Parcel IN-175437
Ripley County, IN · 25.68 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$289,300
Adjusted value
$244,729
Value range
$180,558–$308,900
Comp $/acre
$9,530/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.2% versus the adjusted value.
Offer position
Max allowable offer
$139,845
Offer $/acre
$5,446/ac
Projected profit
$73,419
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-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 6,156 | 85 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 9,757 | 84 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 8,279 | 83 |
| IN-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 11,837 | 82 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 6,833 | 81 |
| IN-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 9,601 | 78 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 11,131 | 76 |
| IN-715117 | 20.4 | Oct 12, 2025 | $179,500 | 8,814 | 12,090 | 75 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 6,355 | 74 |
| IN-216418 | 52.3 | Sep 18, 2025 | $419,500 | 8,026 | 13,884 | 73 |
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.