Comparable sales & offer analysis
Parcel IN-844354
Ripley County, IN · 11.72 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$104,700
Adjusted value
$92,618
Value range
$67,885–$117,351
Comp $/acre
$7,903/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.0% versus the adjusted value.
Offer position
Max allowable offer
$52,924
Offer $/acre
$4,516/ac
Projected profit
$27,785
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 | 8,877 | 84 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 5,124 | 71 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 4,617 | 70 |
| IN-993894 | 8.4 | Jan 11, 2025 | $81,500 | 9,708 | 6,874 | 70 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 6,208 | 69 |
| IN-715117 | 20.4 | Oct 12, 2025 | $179,500 | 8,814 | 9,065 | 69 |
| IN-163931 | 8.6 | Sep 20, 2025 | $139,300 | 16,155 | 10,659 | 69 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 7,317 | 68 |
| IN-494488 | 12.9 | Nov 4, 2023 | $159,700 | 12,368 | 11,207 | 68 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 9,125 | 68 |
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.