NOT LISTED FOR SALE

401 Madison Ave Lancaster, OH 43130

Estimated Value: $264,444 - $327,000

3 Beds
2 Baths
1,984 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $267,500 $135 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,021/month

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Detached Garage
  • Great Room
  • Fenced Yard
  • Patio

About This Home

As of March 2023

Spacious home in the heart of downtown Lancaster. Beautiful hardwood flooring, a large front porch and side entry that leads into a mudroom/laundry room. Three large bedrooms, two full bathrooms, dining room, eat-in kitchen area. The backyard offers a fenced in yard, patio, extra storage area and a detached two car garage.

Last Agent to Sell the Property

Janet Ringhiser

RE/MAX ONE License #2017002534 Listed on: 03/14/2023

RE/MAX ONE

Last Buyer's Agent

Janet Rader

RE/MAX ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Great Room
  • Partial Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-33059-400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,235

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.15
  • Co List Office Phone: 614-729-7555
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Gas Log
  • Reso Interior Features: Electric Range, Microwave, Refrigerator
  • Unit Levels: Two
  • New Construction: No
  • Location Property Info List PriceSqFt: 134.83
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Microwave: Yes
  • Foundation:Block: Yes
  • Water Source Public Water Source: Yes
  • Exterior Vinyl Siding: Yes
  • Interior Amenities Electric Range: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels Two2: Yes
  • Fencing Fenced Yard: Yes
  • Other Structures Storage Shed: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Basement: Partial
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • General Property Info Baths FH: 2.0
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Log: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Detached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33059-400
  • Lot Size Sq Ft: 6534.0

Tax Info

  • Tax Annual Amount: 2235.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 3, 2023
Sold by
Boham Mary Theresa
Bought by
White Andrew Clayton and White April Lind
Seller's Agent
Janet Ringhiser
RE/MAX ONE
Buyer's Agent
Janet Ringhiser
RE/MAX ONE
List Price
$267,500
Sold Price
$267,500
Current Estimated Value
$298,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,611
Avg. Annual Appreciation
4.09%
Original Mortgage
$259,475
Outstanding Balance
$252,131
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$45,980

Purchase Details

Closed on
Feb 18, 2011
Sold by
Campbell Jacob T
Bought by
Boham Mary Theresa

Purchase Details

Closed on
Aug 11, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Campbell Jacob T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2008
Sold by
Klamfoth Jay A and Elick Klamfoth Tisha R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 30, 2007
Sold by
Murphy John E
Bought by
Klamfoth Jay A and Elick Klamfoth Tisha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1997
Sold by
Flege Carl B
Bought by
John R Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1996
Sold by
Hamrick Charles D
Bought by
Carl B Flege

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
White Andrew Clayton $267,500 None Listed On Document
Boham Mary Theresa $110,900 Attorney
Campbell Jacob T $99,000 Attorney
Federal Home Loan Mortgage Corporation $66,000 None Available
Klamfoth Jay A $154,500 Columbus Mortgage Title
John R Murphy $95,000 --
Carl B Flege $55,000 --
-- $35,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Andrew Clayton $259,475
Previous Owner Campbell Jacob T $94,350
Previous Owner Klamfoth Jay A $154,500
Previous Owner John R Murphy $93,100
Previous Owner Carl B Flege $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $267,500 0.0% $135 / Sq Ft
03/13/2023 03/13/23 For Sale $267,500 -- $135 / 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 $5,501 $61,190 $9,830 $51,360
2023 $2,226 $61,190 $9,830 $51,360
2022 $2,235 $61,190 $9,830 $51,360
2021 $1,914 $49,100 $9,830 $39,270
2020 $1,834 $49,100 $9,830 $39,270
2019 $1,744 $49,100 $9,830 $39,270
2018 $1,334 $37,060 $9,830 $27,230
2017 $1,335 $35,690 $8,990 $26,700
2016 $1,300 $35,690 $8,990 $26,700
2015 $1,294 $34,480 $8,990 $25,490
2014 $1,233 $34,480 $8,990 $25,490
2013 $1,233 $34,480 $8,990 $25,490
Source: Public Records

Agents Affiliated with this Home

  • Janet Ringhiser

    Seller's Agent in 2023

    Janet Ringhiser

    RE/MAX

    (614) 732-8597

    2 in this area

    24 Total Sales

    Janet Ringhiser
    Section Image

  • J

    Buyer's Agent in 2023

    Janet Rader

    RE/MAX ONE

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223006572

Columbus and Central Ohio Regional MLS

APN: 05-33059-400

Ohio Fairfield County Lancaster 43130

401 Madison Ave, Lancaster, OH

Not Listed for Sale

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