Comparable sales & offer analysis
Parcel IN-675681
Ripley County, IN · 30.64 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$236,500
Adjusted value
$298,045
Value range
$231,180–$364,910
Comp $/acre
$9,727/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.6% versus the adjusted value.
Offer position
Max allowable offer
$170,312
Offer $/acre
$5,558/ac
Projected profit
$89,414
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 | 9,394 | 81 |
| IN-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 6,024 | 81 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 11,905 | 80 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 11,923 | 80 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 10,891 | 79 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 9,547 | 79 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 6,218 | 76 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 8,100 | 76 |
| IN-715117 | 20.4 | Oct 12, 2025 | $179,500 | 8,814 | 11,827 | 74 |
| IN-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 11,582 | 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.