0 Madden Higgins Road, London, OH 43140
$5,881,344
Property Type:
Farm
Lot Size (sq. ft.):
15,249,485
Status:
Closed
Current Price:
$5,881,344
List Date:
1/03/2025
Last Modified:
4/04/2025
Description
This is a rare opportunity to own a 350-acre 5th-generation farm, located near a major interstate for convenient access and visibility. This sprawling property boasts rich, fertile farmland, ideal for a variety of agricultural pursuits, with some drain tile already in place to enhance productivity.
The property features:
STRUCTURES: A sturdy 3-car cinder block garage, a barn with an attached lean-to for versatile storage and two grain silos ready for storage solutions.
AGRICULTURAL OPPORTUNITY: A current tenant farmer is in place and willing to continue farming operations, offering a seamless transition for investors or owners.
PRIME LOCATION: The farm's proximity to a major interstate ensures easy transportation of goods, equipment, and resources
Supplements: ********
More Information MLS# 225000272
Location & Property Info
List Price/Acre: 17250
City (Mailing Addr): London
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Price Per Acre: 17500
For Exchange: No
For Lease: No
General Property Info
Minimum Acreage: 350
Maximum Acreage: 350.08
Built Prior to 1978: Yes
Residential Dwelling/Other Structure Y/N: No
# of Dwellings: 0
# of Buildings: 2
Building Sq Ft: 5260
Acreage: 350.08
Year Built: 1952
Tax Info
Zoning: agriculture
Multiple Parcels: Yes
Addl Parcel Numbers: 29-00365.000 annual taxes 3682.28
29-00256.000 annual taxes 3982.86
13-00063.000 annual taxes 1758.42
Tax Abatement: No
Taxes (Yrly): 15557.5
Parcel #: 13-00091.000
Tax Year: 2023
Remarks & Misc
Property Description: This is a rare opportunity to own a 350-acre 5th-generation farm, located near a major interstate for convenient access and visibility. This sprawling property boasts rich, fertile farmland, ideal for a variety of agricultural pursuits, with some drain tile already in place to enhance productivity.
The property features:
STRUCTURES: A sturdy 3-car cinder block garage, a barn with an attached lean-to for versatile storage and two grain silos ready for storage solutions.
AGRICULTURAL OPPORTUNITY: A current tenant farmer is in place and willing to continue farming operations, offering a seamless transition for investors or owners.
PRIME LOCATION: The farm's proximity to a major interstate ensures easy transportation of goods, equipment, and resources
Status Change Info
Sold Price/Acre: 16800
Under Contract Date: 2025-02-28
Sold Date: 2025-04-04
Sold Price: $5,881,344
Income/Expenses
Gross Income: 82000
Net Operating Income: 16757.5
Total Expenses: 16757.5
Addl Acceptance Cond
None Known: 1
Services Available
Electricity Available: 1
Water Available: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 6126400
Sold Price: $5,881,344
Property Sub Type: Farm Crops
Street Name: Madden Higgins
Street Suffix: Road
County: Madison
State: OH
Zip Code: 43140
School District: MADISON PLAINS LSD 4904 MAD CO.
Township: Oak Run
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-01-03
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Water Available
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: e-Merge Real Estate Results
Listing Agent: Andrea Dillion
Last Updated: April - 04 - 2025
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