5581 South Ridge Road

3,174 Sq. Ft.
$99 / Sq. Ft.
3,174
Sq. Ft.
$99
per Sq. Ft.

Description

If you are a budding entrepreneur, active gardener with dreams of owning your own nursery, or homesteader that puts strong emphasis on the local food movement, don't let this opportunity pass you by! Located in beautiful Madison Ohio with prime soil maintained by long term sustainable irrigation and natural fertilizer practices this gorgeous property has all the bases covered for starting your own perfect next chapter. Renovated in 1993 and well maintained, the home features 2 first floor bedrooms,...If you are a budding entrepreneur, active gardener with dreams of owning your own nursery, or homesteader that puts strong emphasis on the local food movement, don't let this opportunity pass you by! Located in beautiful Madison Ohio with prime soil maintained by long term sustainable irrigation and natural fertilizer practices this gorgeous property has all the bases covered for starting your own perfect next chapter. Renovated in 1993 and well maintained, the home features 2 first floor bedrooms, 1 with it's own sitting area and door to the deck overlooking the gardens, as well as a second floor bedroom with full bath and airy loft space to relax after a great day of tending to your blooms. It's many improvements include a new roof 7 years ago, and kitchen with granite countertops, new backsplash as well as 3 year old appliances. As an added bonus the full walkout basement has another 1/2 bath and could be finished as living space. The detached garage/barn combination has room for 2 cars, a full heated crafting/wood working shop on its own gas meter, and below an additional equipment bay with separate drive with parking area, potting room, storage and cold room perfect for a growing a home business. In the fields there are 46 species of tree and fruit bushes, stunning pond, 6 hoop houses with custom installed irrigation, storage outbuilding, and productive berry and asparagus patches. This unique property has so much to offer it's next owner that there is too much to list!
  1. Listed by Jacqueline E Ward • Howard Hanna
    P: (440)-644-0418 jacquelineward@howardhanna.com

Property Details for 5581 South Ridge Road

Architectural Style
Cape Cod
Subdivision Name
Madison Township 04
LISTING CLOSED: 02/29/2024 12:00 AM

Property Details for 5581 South Ridge Road

StatusClosed
MLS #4481616
Days on Market203
Taxes$3,324 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size4.17 AC / 181,645 SF
CountyLake County

Location

Listing Courtesy of Howard Hanna

Sold By HomeSmart Real Estate Momentum LLC

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Building Information for 5581 South Ridge Road

Stories2Year Built1948Building Size-Lot Size4.17 AC / 181,645 SF

Payment Calculator

$1,878 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,601

Property Taxes

$277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5581 South Ridge Road

Summary
Location and General Information
  • Directions: Signs in place, property is on the N side of the road
  • Latitude: 41.765587
  • Longitude: -81.08916
  • Township: Madison Twp
Taxes and HOA
  • Additional Parcels Description: 01A0130000010
  • Association: No
  • Parcel Number: 01-A-013-0-00-001-0
  • Tax Annual Amount: $3,324.00
  • Tax Legal Description: LOT 8 TRACT 4
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: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved
Property
Lot Information
  • Direction Faces: South
  • Lot Features: Pond On Lot, Rolling Slope
  • Lot Size Acres: 4.17
  • Lot Size Area: 4.17
  • Lot Size Units: Acres
  • Topography: Hill
Property and Assessments
  • Above Grade Finished Area: 1818.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1356.0
  • Below Grade Finished Area Source: Owner
  • Land Lease: No
  • Living Area: 3174.0
  • Property Attached: Yes
  • Year Built: 1948
Building Features
  • Construction Materials: Aluminum Siding, Stone
  • Levels: Two
  • Other Structures: Outbuilding
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Basement: Full, Sump Pump
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 3
  • Cooling: None
  • Has Cooling: No
  • Total Fireplaces: 0
  • Fireplace: No
  • Heating: Gas, Hot Water, Steam
  • Has Heating: Yes
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Rooms: 8
Exterior Features
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Rental
Tenant Information
  • Occupant Type: Owner

Property History for 5581 South Ridge Road

DateEvent & SourcePriceAppreciation
Feb 29, 2024

Sold

MLS Now #4481616

$315,000
Jan 3, 2024

Contract Signed

MLS Now #4481616

Aug 9, 2023

Listed (Active)

MLS Now #4481616

$400,000
DateEvent & SourcePrice
02/29/2024

Sold

MLS Now #4481616

$315,000
01/03/2024

Contract Signed

MLS Now #4481616

08/09/2023

Listed (Active)

MLS Now #4481616

$400,000

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

Public Records for 5581 South Ridge Road

Taxable ValueLand$15,890Additions$75,960Total$91,850
Tax Record2025$4,298 ($358 / month)
Home Facts
Beds5Baths1Total Finished SqFt1,818 SqFtAbove Grade Finished SqFt1,818 SqFtUnfinished Basement SqFt432 SqFtStories2Lot Size94,525 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1993ZoningA-1CountyLAKEAPN01-A-013-0-00-001-0Fireplace TypeHas Fireplace

Schools near 5581 South 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Howard Hanna

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