Comparable sales & offer analysis
Parcel IN-596751
Ripley County, IN · 66.52 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$647,700
Adjusted value
$581,255
Value range
$454,958–$707,551
Comp $/acre
$8,738/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.4% versus the adjusted value.
Offer position
Max allowable offer
$332,146
Offer $/acre
$4,993/ac
Projected profit
$174,376
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-946864 | 72.2 | Jul 27, 2026 | $444,700 | 6,160 | 5,359 | 91 |
| IN-796700 | 64.1 | May 30, 2026 | $562,900 | 8,781 | 10,275 | 89 |
| IN-336291 | 47.7 | May 15, 2026 | $345,000 | 7,238 | 9,386 | 85 |
| IN-346846 | 71.3 | Sep 15, 2025 | $487,900 | 6,847 | 8,541 | 78 |
| IN-216418 | 52.3 | Sep 18, 2025 | $419,500 | 8,026 | 11,705 | 78 |
| IN-726070 | 40.6 | Jul 6, 2026 | $248,600 | 6,121 | 8,228 | 77 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 9,430 | 76 |
| IN-675681 | 30.6 | Nov 3, 2025 | $197,200 | 6,437 | 5,761 | 75 |
| IN-206359 | 50.1 | May 7, 2024 | $363,000 | 7,250 | 8,744 | 73 |
| IN-175437 | 25.7 | Dec 9, 2025 | $303,800 | 11,829 | 10,260 | 72 |
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.