Comparable sales & offer analysis
Parcel IN-857616
Ripley County, IN · 124 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$789,800
Adjusted value
$786,760
Value range
$596,132–$977,389
Comp $/acre
$6,321/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.4% versus the adjusted value.
Offer position
Max allowable offer
$449,577
Offer $/acre
$3,612/ac
Projected profit
$236,028
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 | 5,887 | 83 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 3,897 | 81 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 7,472 | 81 |
| IN-498890 | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 3,796 | 79 |
| IN-448852 | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 5,953 | 77 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 6,826 | 77 |
| IN-547838 | 146.2 | Mar 24, 2025 | $1,135,000 | 7,764 | 8,783 | 75 |
| IN-257945 | 158.0 | Oct 12, 2024 | $926,400 | 5,864 | 6,650 | 74 |
| IN-346846 | 71.3 | Sep 15, 2025 | $487,900 | 6,847 | 6,212 | 74 |
| IN-548759 | 284.9 | Apr 4, 2026 | $2,117,000 | 7,431 | 8,055 | 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.