425 N Lake St Madison, OH 44057
Estimated payment $177/month
About This Lot
This unique half-acre property is zoned M1 (Light Industrial), offering incredible flexibility for a wide range of uses. Whether you're looking to build your dream home or start a small business, this land is ready for your vision. Previously the site of a residential home, the property already has access to essential utilities—including water, electricity, and sewer—saving you time and development costs. With zoning that allows for residential construction and commercial possibilities the opportunities are endless. Don't miss this rare chance to own a well-located, utility-ready lot with both residential and light industrial potential.
Listing Agent
Keller Williams Greater Cleveland Northeast Brokerage Email: hratcliffe@kw.com 440-665-1129 License #2025000287 Listed on: 05/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $156
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 60x412.5
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 02-A-008-0-00-016-0
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $2,280 | $2,280 | -- |
| 2023 | $510 | $4,910 | $4,910 | $0 |
| 2022 | $283 | $4,910 | $4,910 | $0 |
| 2021 | $351 | $4,910 | $4,910 | $0 |
| 2020 | $1,171 | $17,030 | $8,190 | $8,840 |
| 2019 | $1,728 | $25,820 | $8,190 | $17,630 |
| 2018 | $1,727 | $24,900 | $8,190 | $16,710 |
| 2017 | $1,710 | $24,900 | $8,190 | $16,710 |
| 2016 | $1,581 | $24,900 | $8,190 | $16,710 |
| 2015 | $1,434 | $24,900 | $8,190 | $16,710 |
| 2014 | $1,469 | $24,900 | $8,190 | $16,710 |
| 2013 | $1,378 | $24,900 | $8,190 | $16,710 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $30,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: MLS Now
MLS Number: 5123325
APN: 02-A-008-0-00-016
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