NOT LISTED FOR SALE

1405 State Route 55 Urbana, OH 43078

Estimated Value: $394,000 - $608,609

3 Beds
2 Baths
1,584 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $575,000 $363 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,059/month

407 Days on Market

Highlights

  • 53.4 Acre Lot
  • 1 Car Detached Garage
  • Baseboard Heating
  • Ranch Style House

About This Home

As of August 2023

Located 5 minutes outside of Urbana and down a private, secluded drive, you will find a 3 bedroom, 2 full bath, ranch home situated on 53 acres of woods and tillable ground. The property consists of 35.45 acres of woods and 16.859 acres of tillable ground. A bonus is there are 3 additional parcels, totaling 25+/- acres, that connects to the property and are owned by the State of Ohio. The current owners lease the 25 acres from the State for $1,366 per year. So, including the leased land, your secluded paradise totals over 78 acres. The home has been recently updated and is move in ready. Some updates include a new microwave, water heater and windows, new in 2021 and the roof was new in 2011. The owner's bedroom has a private owner's bath, and the other 2 bedrooms share the hall bath.

Last Listed By

Patrick Hamilton

REMAX Alliance Realty License #2004002933 Listed on: 04/05/2022

REMAX Alliance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1976

Lot Details

  • 53.4 Acre Lot
  • Additional Parcels

Parking

  • 1 Car Detached Garage

Home Design

  • 1,584 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Private Sewer

Additional Features

  • Microwave
  • Laundry on main level

Listing and Financial Details

  • Assessor Parcel Number K41-11-11-33-00-026-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1976
  • Tax Year: 2022
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 53.4
  • Co List Office Phone: 937-652-1100
  • MLS Status: Closed
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Microwave
  • Unit Levels: One
  • New Construction: No
  • Basement Basement YN2: No
  • Rooms:Living Room: Yes
  • Interior Amenities Microwave: Yes
  • Water Source Private Water Source: Yes
  • Sewer Private Sewer: Yes
  • Foundation:Block: Yes
  • Exterior Vinyl Siding: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 2
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached Garage

Utilities

  • Sewer: Private Sewer
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Well, Private
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: URBANA CSD 1104 CHA CO.

Lot Info

  • Parcel Number: K41-11-11-33-00-026-00
  • Lot Size Sq Ft: 2326104.0
  • Additional Parcels Description: K41-11-11-33-00-023-00, K41-11-11-34-00-043-00
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 1695.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Gazvoda Monica L and Ullah Melanie J
Bought by
Gazvoda Monica L and Mcelwain James R
Total Days on Market
407
Current Estimated Value
$548,152

Purchase Details

Closed on
Jul 30, 2020
Sold by
Gazvoda Monica L
Bought by
Monica L Gazvoda and James R Mcelwain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.99%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Mcelwain Laura L
Bought by
Mcelwain James R and Mcelwain James R

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gazvoda Monica L -- City Title
Monica L Gazvoda -- --
Mcelwain James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monica L Gazvoda --
Previous Owner Mcelwain James R $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $575,000 0.0% $363 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
07/01/2022 07/01/22 Price Changed $575,000 -4.2% $363 / Sq Ft
04/04/2022 04/04/22 For Sale $599,900 -- $379 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $56 $18,390 $18,390 $0
2023 $56 $56,630 $28,670 $27,960
2022 $1,694 $56,630 $28,670 $27,960
2021 $5,696 $45,300 $22,930 $22,370
2020 $56 $26,890 $26,890 $0
2019 $55 $26,890 $26,890 $0
2018 $93 $20,020 $20,020 $0
2017 $93 $20,020 $20,020 $0
2016 $93 $20,020 $20,020 $0
2015 $165 $18,200 $18,200 $0
2014 $165 $18,200 $18,200 $0
2013 $142 $18,200 $18,200 $0
Source: Public Records

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 222010206

Columbus and Central Ohio Regional MLS

APN: K41-11-11-33-00-026-00