NOT LISTED FOR SALE

5115 State Route 55 Urbana, OH 43078

Estimated Value: $338,000 - $1,030,294

3 Beds
2 Baths
5,010 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $820,000 $164 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,058/month

58 Days on Market

Highlights

  • 88.5 Acre Lot
  • Pasture
  • Farm

About This Home

As of December 2020

88.5 acres with 3 BR brick ranch, 2 full baths, full basement, att. 2 car garage. 3 pole barns - 50x80, 16 ft. lean too feeding lane; 30x90 equipment/implement storage; 30x45 cattle sorting barn; additional 2 car garage at entrance. Back private lane. See attached document for more details.

Last Agent to Sell the Property

Mark Wilson

Wilson National, LLC License #288810 Listed on: 09/04/2020

Last Buyer's Agent

Linda Rano-Jonard

RE/MAX Affiliates, Inc. License #0000317199

RE/MAX Affiliates, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 1996

Lot Details

  • 88.5 Acre Lot
  • Additional Parcels

Home Design

  • 5,010 Sq Ft Home
  • Ranch Property
  • Farm

Additional Features

  • Outbuilding
  • Pasture
  • Well

Community Details

  • 4 Buildings

Listing and Financial Details

  • Assessor Parcel Number G22-07-11-13-00-003-00

Property Details

Property Type

Other

Est. Annual Taxes

$3,823

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Type: Farm
  • Year Built: 1996
  • Tax Year: 2019
  • Property Sub-Type: Ranch
  • ResoLotFeatures: Fenced Pasture
  • Lot Size Acres: 88.5
  • Co List Office Phone: 937-393-3440
  • MLS Status: Closed
  • Services Available Electric3: Yes
  • General Property Info Residential DwellingOther Structure YN: Yes
  • General Property Info # of Buildings2: 4
  • General Property Info Building Sq Ft: 5010.0
  • Construction Block3: Yes
  • Lot Characteristics Fenced Pasture: Yes
  • Water Source Well2: Yes
  • Special Features: None
  • Property Sub Type: Other

Utilities

  • Utilities: Electricity Available, Well

Schools

  • Junior High Dist: GRAHAM LSD 1101 CHA CO.

Lot Info

  • Parcel Number: G22-07-11-13-00-003-00
  • Lot Size Sq Ft: 3855060.0
  • Additional Parcels Description: G220711130000200 - G220711130000400 G220711140000600 - G220711140000700 G220711140001701
  • Additional Parcels: Yes
  • Zoning Description: Agricultural

Tax Info

  • Tax Annual Amount: 3823.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 10, 2020
Sold by
Lenox Neil and Lenox Abbey
Bought by
Johnson Eric and Rumsey Johnson Deborah
Seller's Agent
Mark Wilson
Wilson National, LLC
Buyer's Agent
Linda Rano-Jonard
RE/MAX Affiliates, Inc.
List Price
$895,000
Sold Price
$820,000
Premium/Discount to List
-$75,000
-8.38%
Current Estimated Value
$684,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,853
Avg. Annual Appreciation
-3.65%
Original Mortgage
$150,000
Outstanding Balance
$83,775
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$600,372

Purchase Details

Closed on
Feb 12, 2016
Sold by
Valley Brenda
Bought by
Lenox Neil and Lenox Abbey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

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
Johnson Eric $820,000 Advocate Title Agency
Lenox Neil $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Eric $150,000
Previous Owner Lenox Neil $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $820,000 -8.8% $164 / Sq Ft
11/02/2020 11/02/20 Price Changed $899,500 +12.5% $180 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $799,500 -9.1% $160 / Sq Ft
09/25/2020 09/25/20 Price Changed $879,500 -2.2% $176 / Sq Ft
09/04/2020 09/04/20 Price Changed $899,500 +0.5% $180 / Sq Ft
09/04/2020 09/04/20 For Sale $895,000 -- $179 / 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 $5,723 $275,060 $145,210 $129,850
2023 $5,723 $275,060 $145,210 $129,850
2022 $5,744 $275,060 $145,210 $129,850
2021 $5,064 $224,370 $116,170 $108,200
2020 $4,988 $224,370 $116,170 $108,200
2019 $3,440 $182,280 $116,170 $66,110
2018 $3,615 $139,900 $84,790 $55,110
2017 $2,624 $112,500 $84,790 $27,710
2016 $2,606 $112,500 $84,790 $27,710
2015 $9,295 $131,580 $78,770 $52,810
2014 $3,389 $131,580 $78,770 $52,810
2013 $3,231 $131,580 $78,770 $52,810
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Wilson

    Wilson National, LLC

    Section Image
  • Linda Rano-Jonard

    Buyer's Agent in 2020

    Linda Rano-Jonard

    RE/MAX

    (614) 839-1627

    261 Total Sales

    Linda Rano-Jonard
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220030906

Columbus and Central Ohio Regional MLS

APN: G22-07-11-13-00-003-00

Ohio Champaign County Urbana 43078

5115 State Route 55, Urbana, OH

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