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

Overview

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.

Listing Details MLS# 225040906

Location Property Info

Original List Price
1450000
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

MLS Entry Date
2025-10-28

General Property Info

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

Tax Info

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

Financials

Gross Rental Income
12000
Effective Income
6134

Expenses

R.E. Taxes
5866

More Information

Auction Info

Auction/Online Bidding Y/N
No

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

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
Yes

Construction

Brick
Yes

Water Source

Well
Yes

Sewer

Private Sewer
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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