4926 US Highway 42, Mount Gilead, OH 43338

$1,450,000
Property Type: Farm Lot Size (sq. ft.): 3,283,988 Status: Active
Current Price: $1,450,000 List Date: 10/29/2025 Last Modified: 10/29/2025

Description

FANTASTIC OPPORTUNITY for anyone wanting Hobby Farm or POTENTIAL for HOME DEVELOPER! Very Nice Well Built 1 1/2 Story Home W/ 1st Floor Master Suite W/ Double Closets, Full Bath and Laundry Utility. Lots of Beautiful Natural Wood Doors, Trim and Flooring Throughout. Open Kitchen W/ Conventional Electric Oven-Range + Functional Wood Fired Cooking Range like Amish might use! Spacious 2nd Floor W/ 2 additional Bedrooms and 2nd Full Bath. Also, Lots of extra Floored Attic Storage. Ground Level Walk-out has additional Possibilities W/ some Partially Finished Rooms and Oversized 1 Car Garage. Several Outbuilding including 30 x 100, a 50 x 36 Pole Barn, a 30 x 30 Shop (old Grain Storage) and a 27 x 25 Garage ( Attached to Barn) W/ 8000 # rated Car Lift Rack. (Sq. Ft. per Auditor Information, to be verified by purchaser) S/A Taxes include 3 Parcels 3 separate Parcels Totaling 76.39 Acres (+ or -) and Approximately 1820 Feet Road Frontage. Availability of Water & Sewer Must Be Verified by purchasers doing own due diligence) The population growth rate for Morrow County falls into the upper third of all Ohio counties. For a primarily rural county, this rate of expansion is well above average and driven by the area's proximity to Columbus, one of the fastest-growing metro regions in the Midwest. Just 40 miles north of Columbus, Mount Gilead is strategically positioned between the Columbus and Mansfield markets. The area offers convenient access to I-71, providing a direct connection to Columbus, Cleveland, and Cincinnati markets while maintaining a quiet rural character.

Supplements: ********

More Information MLS# 225040906

Location & Property Info

List Price/Acre: 19233.32 City (Mailing Addr): Mount Gilead Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes For Exchange: Yes For Lease: No

General Property Info

Built Prior to 1978: No Tillable Acres: 72 Road Frontage: 1820 ft Residential Dwelling/Other Structure Y/N: Yes # of Dwellings: 1 Building Sq Ft: 1989 Acreage: 75.39 Year Built: 1983

Tax Info

Zoning: Agriculture Multiple Parcels: Yes Addl Parcel Numbers: G19-001-00-230-00 G19-001-00-230-02 Tax Abatement: No Taxes (Yrly): 5866 Parcel #: G19-0010021400 Tax Year: 2024

Remarks & Misc

Property Description: FANTASTIC OPPORTUNITY for anyone wanting Hobby Farm or POTENTIAL for HOME DEVELOPER! Very Nice Well Built 1 1/2 Story Home W/ 1st Floor Master Suite W/ Double Closets, Full Bath and Laundry Utility. Lots of Beautiful Natural Wood Doors, Trim and Flooring Throughout. Open Kitchen W/ Conventional Electric Oven-Range + Functional Wood Fired Cooking Range like Amish might use! Spacious 2nd Floor W/ 2 additional Bedrooms and 2nd Full Bath. Also, Lots of extra Floored Attic Storage. Ground Level Walk-out has additional Possibilities W/ some Partially Finished Rooms and Oversized 1 Car Garage. Several Outbuilding including 30 x 100, a 50 x 36 Pole Barn, a 30 x 30 Shop (old Grain Storage) and a 27 x 25 Garage ( Attached to Barn) W/ 8000 # rated Car Lift Rack. (Sq. Ft. per Auditor Information, to be verified by purchaser) S/A Taxes include 3 Parcels 3 separate Parcels Totaling 76.39 Acres (+ or -) and Approximately 1820 Feet Road Frontage. Availability of Water & Sewer Must Be Verified by purchasers doing own due diligence) The population growth rate for Morrow County falls into the upper third of all Ohio counties. For a primarily rural county, this rate of expansion is well above average and driven by the area's proximity to Columbus, one of the fastest-growing metro regions in the Midwest. Just 40 miles north of Columbus, Mount Gilead is strategically positioned between the Columbus and Mansfield markets. The area offers convenient access to I-71, providing a direct connection to Columbus, Cleveland, and Cincinnati markets while maintaining a quiet rural character.

Income/Expenses

Gross Income: 12000 Net Operating Income: 6134 Total Expenses: 5866

Addl Acceptance Cond

None Known: 1

Financials

Gross Rental Income: 12000 Effective Income: 6134

Expenses

R.E. Taxes: 5866

Construction

Brick: 1

Water Source

Well: 1

Sewer

Private Sewer: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1450000 List Price: $1,450,000 Property Sub Type: Farm Crops Street #: 4926 Street Name: US Highway 42 County: Morrow State: OH Zip Code: 43338 School District: MT GILEAD EVSD 5903 MOR CO. Township: Gilead

OfficeContract Info

Status: Active MLS Entry Date: 2025-10-28

Property Features

Addl Acceptance Cond: None Known Construction: Brick Water Source: Well Sewer: Private Sewer New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Coldwell Banker Heritage
Listing Agent: Jeffrey E Horne
Last Updated: October - 29 - 2025
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