Comparable sales & offer analysis
Parcel IN-578355
Ripley County, IN · 213 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$735,500
Adjusted value
$976,690
Value range
$703,217–$1,250,163
Comp $/acre
$4,594/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.7% versus the adjusted value.
Offer position
Max allowable offer
$558,108
Offer $/acre
$2,625/ac
Projected profit
$293,007
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-308505 | 237.0 | Nov 12, 2025 | $684,100 | 2,887 | 3,319 | 84 |
| IN-448852 | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 4,456 | 82 |
| IN-548759 | 284.9 | Apr 4, 2026 | $2,117,000 | 7,431 | 6,029 | 81 |
| IN-949438 | 465.9 | Jun 3, 2026 | $1,494,600 | 3,208 | 3,517 | 80 |
| IN-498890 | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 2,841 | 78 |
| IN-978572 | 248.8 | Jun 24, 2024 | $1,382,100 | 5,555 | 6,364 | 76 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 5,133 | 73 |
| IN-257945 | 158.0 | Oct 12, 2024 | $926,400 | 5,864 | 4,975 | 73 |
| IN-319998 | 699.0 | Jul 27, 2026 | $1,142,200 | 1,634 | 2,962 | 72 |
| IN-547838 | 146.2 | Mar 24, 2025 | $1,135,000 | 7,764 | 6,572 | 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.