$131,000
SOLD FEB 10, 2025

505 Ludlow Rd Bellefontaine, OH 43311

2 Beds
2 Baths
1,740 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

18% Below List Price

169 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Bellefontaine Elementary School Rated A-
  • Porch
  • 1-Story Property

About This Home

As of February 2025

Investment opportunity!! One story duplex that mirrors each other featuring 1 bedroom, 1 bath, living room, kitchen, and laundry room in each unit. One unit rents for $850. Rent includes water, sewer and trash. Each unit has its own gas water heater and furnace. Inspections are encouraged but seller will not make any repairs. Updates include new gas water heaters in both units (2019), Unit 505 new breaker box.

Last Agent to Sell the Property

Chelsey Bailey

Bell Hankins Realty Group, LLC License #2012000770 Listed on: 08/01/2024

Last Buyer's Agent

Chelsey Bailey

Bell Hankins Realty Group, LLC License #2012000770 Listed on: 08/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x150

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 170921307043000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Level Style: One
  • Semi-Annual Tax: 819.00
  • Year Built: 1900
  • Document Count: 2
  • Documents: Property Disclosure and Lead Based Paint
  • Listing I D: 1033459
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 850.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Inside Features: Ceiling Fan(s), Wood Floors
  • Price/ Sq Ft: 86.15
  • Total Bedrooms: 2
  • Total Square Footage: 1740.00

Exterior Features

  • Exterior: Brick
  • Outside Features: Patio, Porch

Garage/Parking

  • Garage: No Garage

Utilities

  • Cooling: Wall Unit(s)
  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 4601 Bellefontaine CSD

Lot Info

  • Lot Dimensions: 60X150
  • Parcel Id Number: 170921307043000

Tax Info

  • Tax Year: 2023

MLS Schools

  • School District: 4601 Bellefontaine CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Feb 10, 2025
Sold by
Orahood Beverly
Bought by
Price David and Price Milena
Seller's Agent
Chelsey Bailey
Bell Hankins Realty Group, LLC
Buyer's Agent
Chelsey Bailey
Bell Hankins Realty Group, LLC
List Price
$159,900
Sold Price
$131,000
Premium/Discount to List
-$28,900
-18.07%
Views
139
Current Estimated Value
$139,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,797
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 15, 2019
Sold by
Major Kevin
Bought by
Orahood Beverly
Seller's Agent
Chelsey Bailey
Bell Hankins Realty Group, LLC
Buyer's Agent
Chelsey Bailey
Bell Hankins Realty Group, LLC
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$103,098
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 28, 2017
Sold by
Everett John K
Bought by
Major Kevin
Seller's Agent
Helena Berton
Royer Realty LLC
Buyer's Agent
Chelsey Bailey
Bell Hankins Realty Group, LLC
List Price
$92,000
Sold Price
$85,000
Premium/Discount to List
-$7,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$68,000
Interest Rate
4.15%

Purchase Details

Closed on
Nov 2, 2011
Sold by
Clement Pauline Ruthella
Bought by
Stokes Carolyn A

Purchase Details

Closed on
Oct 27, 2010
Bought by
Pauline R Clement

Purchase Details

Closed on
Sep 10, 2004
Bought by
Steinberger Wayne A

Purchase Details

Closed on
Jul 27, 2004
Bought by
Pool James L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $131,000 Mad River Title
Warranty Deed $131,000 Mad River Title
Warranty Deed $105,000 Mad River Title Agency
Warranty Deed $85,000 None Available
Warranty Deed -- --
Warranty Deed $79,500 --
Warranty Deed $75,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,098 FHA
Previous Owner $68,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $131,000 -12.6% $75 / Sq Ft
12/05/2024 12/05/24 Price Changed $149,900 -3.2% $86 / Sq Ft
09/03/2024 09/03/24 Price Changed $154,900 -3.1% $89 / Sq Ft
08/01/2024 08/01/24 For Sale $159,900 +52.3% $92 / Sq Ft
07/15/2019 07/15/19 Sold $105,000 0.0% $60 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $105,000 +23.5% $60 / Sq Ft
03/31/2017 03/31/17 Sold $85,000 -7.6% $49 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $92,000 -- $53 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $1,683 $42,740 $9,180 $33,560
2023 $1,683 $42,740 $9,180 $33,560
2022 $1,801 $34,190 $7,340 $26,850
2021 $1,520 $34,190 $7,340 $26,850
2020 $1,521 $25,260 $5,900 $19,360
2019 $1,554 $25,260 $5,900 $19,360
2018 $982 $25,260 $5,900 $19,360
2016 $951 $22,960 $5,360 $17,600
2014 $919 $22,960 $5,360 $17,600
2013 $919 $22,960 $5,360 $17,600
2012 $1,065 $27,280 $5,120 $22,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1033459

Western Regional Information Systems & Technology (WRIST)

APN: 17-092-13-07-043-000