Comparable sales & offer analysis
Parcel IN-678927
Ripley County, IN · 322 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,732,900
Adjusted value
$2,128,951
Value range
$1,532,845–$2,725,058
Comp $/acre
$6,617/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.4% versus the adjusted value.
Offer position
Max allowable offer
$1,216,544
Offer $/acre
$3,781/ac
Projected profit
$638,685
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-498890 | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 4,211 | 89 |
| IN-448852 | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 6,603 | 83 |
| IN-548759 | 284.9 | Apr 4, 2026 | $2,117,000 | 7,431 | 8,934 | 80 |
| IN-949438 | 465.9 | Jun 3, 2026 | $1,494,600 | 3,208 | 5,211 | 78 |
| IN-509088 | 361.6 | Jan 7, 2024 | $1,231,300 | 3,406 | 5,641 | 72 |
| IN-308505 | 237.0 | Nov 12, 2025 | $684,100 | 2,887 | 4,919 | 72 |
| IN-319998 | 699.0 | Jul 27, 2026 | $1,142,200 | 1,634 | 4,389 | 71 |
| IN-439245 | 405.1 | Sep 14, 2024 | $1,478,200 | 3,649 | 8,955 | 69 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 7,606 | 67 |
| IN-999443 | 467.6 | Jul 15, 2024 | $2,425,800 | 5,188 | 10,577 | 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.