Comparable sales & offer analysis
Parcel IN-590236
Ripley County, IN · 0.59 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,800
Adjusted value
$5,700
Value range
$4,787–$6,612
Comp $/acre
$9,660/ac
Weighted from 2 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +36.9% versus the adjusted value.
Offer position
Max allowable offer
$3,257
Offer $/acre
$5,520/ac
Projected profit
$1,710
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-701994 | 2.1 | Jul 27, 2026 | $16,900 | 7,964 | 8,152 | 71 |
| IN-531529 | 1.5 | Mar 19, 2026 | $20,300 | 13,446 | 11,247 | 67 |
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.