Comparable sales & offer analysis
Parcel IN-726070
Ripley County, IN · 40.61 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$255,200
Adjusted value
$251,763
Value range
$183,761–$319,764
Comp $/acre
$6,200/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.4% versus the adjusted value.
Offer position
Max allowable offer
$143,864
Offer $/acre
$3,543/ac
Projected profit
$75,529
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-475607 | 29.0 | Jul 27, 2026 | $101,200 | 3,484 | 3,880 | 83 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 7,015 | 80 |
| IN-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 4,005 | 80 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 7,669 | 79 |
| IN-216418 | 52.3 | Sep 18, 2025 | $419,500 | 8,026 | 8,750 | 79 |
| IN-596751 | 66.5 | Jul 27, 2026 | $534,400 | 8,033 | 6,051 | 79 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 7,680 | 78 |
| IN-395311 | 23.4 | Mar 3, 2026 | $165,900 | 7,079 | 5,218 | 77 |
| IN-714371 | 11.9 | Jul 27, 2026 | $132,000 | 11,128 | 7,460 | 77 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 4,306 | 74 |
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.