0 Fancher Road, New Albany, OH 43054
$4,500,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
1,771,150
Status:
Closed
Current Price:
$4,500,000
List Date:
1/02/2025
Last Modified:
9/18/2025
Description
Excellent property for development. It is in the Johnstown School District with their taxes but has a New Albany address. The Property is in a CRCD (Clustered Residential Conservation Districe) It is flat crop land used for corn and soy beans. It has public water, gas, and electric. It is zoned Mixed Use which includes apartments and light offices. It is about 3 miles away from the Intel Ohio One site. It is beside the non-profit Lettuce Work Nursery. There is great potential for a luxury home development. In the description is a rough draft of a potential dvelopment of 16 2 acre homesites. The property was in-contracct and we have a soil test and preliminary approval, however the investors couldn't come up with the money.
Supplements: ********
More Information MLS# 223026720
Location & Property Info
List Price/Acre: 108214.46
City (Mailing Addr): New Albany
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Price Per Acre: 100400
For Exchange: No
For Lease: No
General Property Info
Built Prior to 1978: No
Lot Size (Side): est 1728
Tillable Acres: 40
Previous Use: crops
Residential Dwelling/Other Structure Y/N: No
# of Dwellings: 0
Acreage: 40.66
Tax Info
Zoning: mixed use
Multiple Parcels: No
Tax Abatement: No
Taxes (Yrly): 899
Tax Incentive: No
Parcel #: 316-440-01-052-000
Tax Year: 2022
Remarks & Misc
Property Description: Excellent property for development. It is in the Johnstown School District with their taxes but has a New Albany address. The Property is in a CRCD (Clustered Residential Conservation Districe) It is flat crop land used for corn and soy beans. It has public water, gas, and electric. It is zoned Mixed Use which includes apartments and light offices. It is about 3 miles away from the Intel Ohio One site. It is beside the non-profit Lettuce Work Nursery. There is great potential for a luxury home development. In the description is a rough draft of a potential dvelopment of 16 2 acre homesites. The property was in-contracct and we have a soil test and preliminary approval, however the investors couldn't come up with the money.
Status Change Info
Sold Price/Acre: 110673.88
Under Contract Date: 2025-03-25
Sold Date: 2025-09-18
Sold Price: $4,500,000
Income/Expenses
Gross Income: 6000
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 899
Services Available
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 4400000
Sold Price: $4,500,000
Property Sub Type: Development
Street Name: Fancher
Street Suffix: Road
County: Delaware
State: OH
Zip Code: 43054
School District: JOHNSTOWN MONROE LSD 4503 LIC CO.
Township: Harlem
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-08-17
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Natural Gas Available; Water Available
MLS Primary PhotoSrc: Realtor Provided
Documents
Potential Lot Design ›Listing Office: The Ohio Real Estate Co., Inc.
Listing Agent: Thomas Schuler
Last Updated: September - 18 - 2025
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