5500 North Ridge Road

3,512 Sq. Ft.
$168 / Sq. Ft.
3,512
Sq. Ft.
$168
per Sq. Ft.

Description

Prime 6.5+ Acre Live-Work Opportunity on High-Traffic US Route 20 in Madison,
OH
Rare opportunity to own a versatile property that perfectly blends comfortable one-floor
residential living with outstanding commercial potential. This charming mid-century 3,500 sq. ft. brick ranch features 3 bedrooms, 2.5
bathrooms, a 2-car attached garage, semi-finished basement, and a peaceful 1/3-acre
stocked pond. Clean and well-maintained, it’s ready for your personal interior updates
and facelift. Set in a high-visibility,
...Prime 6.5+ Acre Live-Work Opportunity on High-Traffic US Route 20 in Madison,
OH
Rare opportunity to own a versatile property that perfectly blends comfortable one-floor
residential living with outstanding commercial potential. This charming mid-century 3,500 sq. ft. brick ranch features 3 bedrooms, 2.5
bathrooms, a 2-car attached garage, semi-finished basement, and a peaceful 1/3-acre
stocked pond. Clean and well-maintained, it’s ready for your personal interior updates
and facelift. Set in a high-visibility, high-traffic corridor on US Route 20, the property offers excellent
exposure and access for business. The separate 1,600 sq. ft. masonry building includes
gas heat, hot water, finished interior, half-bath, two offices, and ample storage—plus 4
parking bays and a 6-car concrete lot with prominent US 20 signage. Ideal for clients,
employees, or hobbies. The 6.5+ acres consist of three parcels (two undeveloped totaling 5.15 acres), all zoned
commercial. Excellent flexibility for a gentleman’s farm, orchard, vineyard, or future
development and investment. Each parcel provides valuable US Route 20 frontage. Utilities include electricity, natural gas, and city water. Confirm permitted uses with
Madison Township zoning officials. Don’t miss this unique live-work-invest gem in a prime location. Schedule your private
showing today!
  1. Listed by Daniel McGarry • EXP Realty, LLC.
    P: (440)-749-2979 C: (440)-749-2979 depmcgarry@gmail.com

Property Details for 5500 North Ridge Road

Architectural Style
Ranch
View
Pond
Has View
Yes
Has Waterfront
No
LISTING UPDATED: 05/06/2026 01:22 PM

Property Details for 5500 North Ridge Road

StatusActive
MLS #5198835
Days on Market44
Taxes$5,828 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1956
Lot Size6.58 AC / 286,624 SF
CountyLake County

Location

Listing Courtesy of EXP Realty, LLC.
Add your commute

Building Information for 5500 North Ridge Road

Stories1Year Built1956Building Size-Lot Size6.58 AC / 286,624 SF

Payment Calculator

$3,425 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,940

Property Taxes

$486

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5500 North Ridge Road

Summary
Location and General Information
  • Directions: Adjacent to the corner of Mc Mackin Rd and State Route 20
  • Latitude: 41.794459
  • Longitude: -81.092538
  • Township: Madison Twp
Taxes and HOA
  • Additional Parcels Description: 01-B-122-0-00-018-0,01-B-122-0-00-069-0
  • Association: No
  • Parcel Number: 01-B-122-0-00-073-0
  • Tax Annual Amount: $5,828.08
  • Tax Legal Description: LOT 4 TRACT 4
  • Tax Year: 2025
School Information
  • Elementary School District: Madison LSD Lake- 4303
  • High School District: Madison LSD Lake- 4303
  • Middle or Junior School District: Madison LSD Lake- 4303
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Additional Parking, Attached, Circular Driveway, Concrete, Direct Access, Detached, Garage Faces Front, Garage, Garage Door Opener
Property
Lot Information
  • Lot Size Acres: 6.58
  • Lot Size Area: 6.58
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1762.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1750.0
  • Below Grade Finished Area Source: Other
  • Land Lease: No
  • Living Area: 3512.0
  • Living Area Units: Square Feet
  • Year Built: 1956
  • Year Built Source: Assessor
Building Features
  • Construction Materials: Brick, Block
  • Foundation Details: Brick Mortar, Combination, Block
  • Levels: One
  • Other Structures: Garages, Sheds
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Water Softener, Washer
  • Basement: Daylight, Exterior Entry, Full, Finished, Interior Entry, Bath Stubbed, Storage Space, Walk Out Access
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 3
  • Cooling: Central Air, Ceiling Fans
  • Has Cooling: Yes
  • Fireplace Features: Basement, Den
  • Total Fireplaces: 1
  • Fireplace: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Interior Features: Bookcases, Built In Features, Ceiling Fans, Eat In Kitchen, Bar, Natural Woodwork
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Rooms: 6
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 1

Property History for 5500 North Ridge Road

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Price Change

MLS Now #5198835

$589,900
Apr 7, 2026

Listed (Active)

MLS Now #5198835

$689,900
DateEvent & SourcePrice
04/27/2026

Price Change

MLS Now #5198835

$589,900
04/07/2026

Listed (Active)

MLS Now #5198835

$689,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5500 North Ridge Road

Taxable ValueLand$12,830Additions$52,420Total$65,250
Tax Record2021$3,487 ($291 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,762 SqFtAbove Grade Finished SqFt1,762 SqFtStories1Lot Size62,753 SqFtStyleSingle Family ResidenceYear Built1956CountyLAKEAPN01-B-122-0-00-073-0Fireplace TypeHas Fireplace

Schools near 5500 North Ridge Road

This home is within Madison Local School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 12
Rating
School
Distance
Red Bird Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Madison High School
Public9 to 12

Madison Online Learning Academy
Public2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

5500 North Ridge Road is a single family home for sale in Madison, OH 44057. This property was listed for sale on April 7, 2026 by EXP Realty, LLC., it's currently listed at $589,900. This listing's school district is Madison Local School District. Nearby schools include Red Bird Elementary School, Madison Middle School and Madison High School. 5500 North Ridge Road is a 3-bed, 3-bath, 3,512 sqft single family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC.

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