Comparable sales & offer analysis
Parcel IN-548759
Ripley County, IN · 285 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,029,700
Adjusted value
$1,450,250
Value range
$1,060,150–$1,840,349
Comp $/acre
$5,091/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +40.0% versus the adjusted value.
Offer position
Max allowable offer
$828,714
Offer $/acre
$2,909/ac
Projected profit
$435,075
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-448852 | 304.7 | Jul 15, 2026 | $1,665,400 | 5,465 | 5,576 | 86 |
| IN-498890 | 313.2 | Jul 27, 2026 | $1,319,000 | 4,211 | 3,556 | 84 |
| IN-308505 | 237.0 | Nov 12, 2025 | $684,100 | 2,887 | 4,155 | 84 |
| IN-949438 | 465.9 | Jun 3, 2026 | $1,494,600 | 3,208 | 4,401 | 82 |
| IN-439245 | 405.1 | Sep 14, 2024 | $1,478,200 | 3,649 | 7,566 | 74 |
| IN-319998 | 699.0 | Jul 27, 2026 | $1,142,200 | 1,634 | 3,706 | 72 |
| IN-578355 | 212.6 | May 22, 2024 | $623,000 | 2,930 | 4,034 | 72 |
| IN-678927 | 321.8 | Feb 26, 2024 | $2,454,100 | 7,627 | 7,150 | 71 |
| IN-509088 | 361.6 | Jan 7, 2024 | $1,231,300 | 3,406 | 4,767 | 70 |
| IN-857616 | 124.5 | Oct 21, 2025 | $825,300 | 6,631 | 6,425 | 70 |
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.