NOT LISTED FOR SALE

5631 Ledge Rd Madison, OH 44057

Estimated Value: $658,000

3 Beds
2.5 Baths
1,760 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $469,900 $267 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,075/month

347 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • 105 Acre Lot
  • Horse Property
  • View of Trees or Woods
  • Deck

About This Home

As of March 2015

Well established grape farm. Total of 105 acres, 20 acres of Concord grapes over 150 year old vineyard. In the last two years, five plus acres of hybrids have been planted; a mix of Riesling, Vidal, Pinot Noir, Cabernet Franc and more. Also included in some of the vineyards are Niagra and Aggawan. These vineyards are frost free! Never been hit with a frost. This property is located right in the heart of Grand River Valley Region Wineries, wine trails, three metro parks, Grand River, golf courses and only 2.5 miles from I90. There are two out buildings; one 32x40 w 220 line and the other a 3+ garage w/wine making room and large floored area above. Could be converted to an apartment. Brick ranch home in excellent shape with attached 14x12 heated green house and full basement w/ two bdrms. Desirable property in nice location. There is enough land and space for an air strip. Income yearly from oil/well gas lease! Free gas to heat home! Bring all your ideas! Start your own winery or B&B!

Last Agent to Sell the Property

Tari Medvec

Century 21 Homestar License #432874 Listed on: 01/06/2014

Century 21 Homestar

Last Buyer's Agent

Julie Crowley

Howard Hanna License #440432

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1971

Lot Details

  • 105 Acre Lot
  • Lot Dimensions are 999x999
  • West Facing Home
  • Partially Fenced Property
  • Vinyl Fence
  • Wooded Lot
  • Oil and Gas Wells

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Views of Woods

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Horse Property
  • Deck
  • Porch

Farming

  • Livestock Allowed

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01A0490000090

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,090

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 266.99
  • Num Of Stories: 1.00
  • Total Sq Ft: 1760
  • Year Built: 1971
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Dishwasher, Microwave, Wall Oven, Refrigerator, Smoke Detector, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 18
  • Basement Detail: Full, Partially Finished, Unfinished, Walk-Out
  • Estimated Sq Ft: 1760

Exterior Features

  • View: Wooded
  • Exterior: Brick
  • Exterior Features: Deck, Porch, Storage Shed/Out Bld
  • Fences: Partial, Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Detached, Door Opener, Electric, Heated
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Hot Water/Steam
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Golf Available, Medical Service, Park, Playground, Shopping/Mall

Schools

  • School District: Madison LSD

Lot Info

  • Lot Dimensions: 999x999
  • Lot Description: Horse Property, Livestock Permitted, Oil/Gas Well, Pond, Wooded/Treed
  • Lot Size Area Sq Ft: 4573800.0000
  • Lot Size Units: Acres
  • Price Per Acre: 6665.71
  • Acres: 105.0000
  • Parcel Number: 01A0490000090

Tax Info

  • Tax: 4090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 13, 2015
Sold by
Medvec David and Medvec Edna M
Bought by
Crowley Kathleen E
Seller's Agent
Tari Medvec
Century 21 Homestar
Buyer's Agent
Julie Crowley
Howard Hanna
List Price
$699,900
Sold Price
$469,900
Premium/Discount to List
-$230,000
-32.86%
Current Estimated Value
$658,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,100
Original Mortgage
$399,415
Outstanding Balance
$302,756
Interest Rate
3.64%
Mortgage Type
Farmers Home Administration

Purchase Details

Closed on
Mar 10, 1999
Sold by
Medvec David and Medvec Edna M
Bought by
Medvec David and Medvec Edna M

Purchase Details

Closed on
Sep 29, 1970
Bought by
Medvec David
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
Crowley Kathleen E $469,900 Ohio Real Title
Medvec David -- --
Medvec David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley Kathleen E $399,415
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $469,900 -32.9% $267 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $699,900 -- $398 / Sq Ft
Source: MLS Now

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
2025 -- $223,880 $148,060 $75,820
2024 -- $223,880 $148,060 $75,820
2023 $8,855 $191,420 $130,770 $60,650
2022 $4,967 $191,420 $130,770 $60,650
2021 $4,976 $191,420 $130,770 $60,650
2020 $5,193 $165,030 $112,740 $52,290
2019 $5,196 $165,030 $112,740 $52,290
2018 $4,873 $151,710 $114,400 $37,310
2017 $4,720 $151,710 $114,400 $37,310
2016 $4,290 $151,710 $114,400 $37,310
2015 $3,522 $151,710 $114,400 $37,310
2014 $2,988 $151,710 $114,400 $37,310
2013 $2,994 $151,710 $114,400 $37,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3467160

MLS Now

APN: 01-A-049-0-00-009