Comparable sales & offer analysis
Parcel IN-796700
Ripley County, IN · 64.10 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$568,000
Adjusted value
$444,204
Value range
$336,907–$551,502
Comp $/acre
$6,930/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.9% versus the adjusted value.
Offer position
Max allowable offer
$253,831
Offer $/acre
$3,960/ac
Projected profit
$133,261
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-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 6,980 | 92 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 4,620 | 89 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 8,093 | 86 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 7,094 | 79 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 4,968 | 77 |
| IN-206359 | 50.1 | May 7, 2024 | $363,000 | 7,250 | 7,543 | 76 |
| IN-216418 | 52.3 | Sep 18, 2025 | $419,500 | 8,026 | 10,094 | 76 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 8,132 | 76 |
| IN-346846 | 71.3 | Sep 15, 2025 | $487,900 | 6,847 | 7,365 | 76 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 4,476 | 71 |
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.