327 Franklin Ave Elyria, OH 44035
Elyria AreaEstimated payment $548/month
Highlights
- No HOA
- 2 Car Garage
- 1-Story Property
- Forced Air Heating and Cooling System
About This Home
Opportunity awaits at this 1,040 sq. ft. three-bedroom ranch situated on a corner lot in Elyria! Whether you're an investor looking for your next project or a buyer ready to create a home with your own personal touches, this property offers a solid foundation with several important improvements already in place.
Major high-ticket updates have already been completed, including a NEW ROOF in 2025 and NEW FURNACE in 2025—two of the larger expenses buyers often face when purchasing a home in need of updating. The hot water tank was also replaced in 2019. Central air adds year-round comfort.
Inside, the living room and bedrooms feature hardwood flooring, offering an opportunity to refinish and restore the existing character or incorporate it into your renovation plans. The main level includes three bedrooms, a full bath, living room, and kitchen. A full unfinished basement provides substantial additional space for storage, workshop, laundry, or future finishing potential, along with a convenient half bath.
Outside, the two-car garage offers valuable parking and storage.
This property is ready for your vision and presents an excellent opportunity to build equity through improvements while benefiting from several major updates already completed. Bring your ideas and transform this ranch into a home that reflects your style or a solid investment property with renovation potential. Property is being sold in its present condition.
Listing Agent
Mader Realty, LLC. Brokerage Email: 216-770-7653, jill.mader1973@gmail.com License #2019005276 Listed on: 08/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $322
Year Built
- Built in 1966
Parking
- 2 Car Garage
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1.5 Bathrooms
Additional Features
- 5,663 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- S Menelsons Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-24-049-101-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $391 | $29,117 | $5,884 | $23,233 |
| 2023 | $935 | $26,320 | $4,396 | $21,924 |
| 2022 | $954 | $26,320 | $4,396 | $21,924 |
| 2021 | $956 | $26,320 | $4,400 | $21,920 |
| 2020 | $898 | $23,430 | $3,910 | $19,520 |
| 2019 | $893 | $23,430 | $3,910 | $19,520 |
| 2018 | $906 | $23,430 | $3,910 | $19,520 |
| 2017 | $918 | $23,200 | $4,200 | $19,000 |
| 2016 | $906 | $23,200 | $4,200 | $19,000 |
| 2015 | $849 | $23,200 | $4,200 | $19,000 |
| 2014 | $839 | $23,200 | $4,200 | $19,000 |
| 2013 | $831 | $23,200 | $4,200 | $19,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2026 08/17/26 | Pending | -- | -- | -- |
| 08/15/2026 08/15/26 | For Sale | $95,000 | -- | $91 / Sq Ft |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $105,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $5,000 | Unknown |
Source: MLS Now
MLS Number: 5236586
APN: 06-24-049-101-001
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