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You can contact the listing brokerage Coldwell Banker Realty at (937) 642-3333

505 E Lincoln Avenue
Ada, OH 45810

  • 3 beds
  • 1 bath
  • 1,008 sqft
  • 10,454 sqft lot
  • $58 per sqft
  • on site

Come check out this beautiful home with tons of potential sitting on a large lot! The property is in need of a remodel. Some updates such as vinyl siding, windows, inside framing, and stamped concrete have been completed on the home and it does also include a large garage with tons of space. Perfect location and opportunity for a rehab and rent investor, especially with the rental market for the Ohio Northern University college students that brings an average of $500 per student, per month ( Law allows 2 people per bedroom! ). Home could also be renovated to the exact colors and finishes you desire with the FHA 203k Rehab loan that includes the renovation cost in your mortgage, so that you are not paying for that renovation completely out of your pocket!

CBRMLS logo Listing courtesy of CBRMLS / Rhonda Crouse, (419) 673-6485 / Coldwell Banker Realty, (937) 642-3333

Last checked: Checking… • Last updated Sep 24, 2021 •

MLS# 221007376 —

Amenities & Taxes

The Building

Year Built:
9999
Built Prior to 1978:
yes
New Construction:
No
Sub-Type:
freestanding single-family
Style:
2 story

Interior

Accessible Features:
none
Living Room Level:
1

Financial & Terms

Possession:
Immediate

Location

Directions:
Lincoln Ave East of Main in Ada Ohio GPS
Latitude:
40.769177
Longitude:
-83.817067

The Property

Property Type:
A
Acreage:
0.24
Lot Size (Front):
50
Lot Size (Side):
210

Listing Agent

Contact info:

Taxes

Parcel # / TaxID:
25-050089.0000
Tax District:
25
Tax Year:
2020
Yearly Taxes:
$999
SqFt Tax Record:
1008

Beds

Bedrooms:
3
Bedroom Level:
2
Bedroom Level:
1

Baths

Total Baths:
1.00
Baths:
1.0
Full Baths:
1
Full Baths Level:
1

The Listing

List Price/SqFt:
$58.43

Heating & Cooling

Heating:
gas

Schools

School District:
ADA EVSD 3301 HAR CO.

Parking

Parking:
1 car garage
Garage Spaces:
1

Schools

Rating Details

Ada High School

  • Public
  • 6-12
  • 0.8 mi

Ada Elementary School

  • Public
  • K-8
  • 0.9 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

505 E Lincoln Avenue

Asking price

$58,900

Expense Monthly cost
Mortgage

$207

Taxes $83
Insurance $16
Utilities N/A
Total $306/mo.*
*This is an estimate

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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Sale history

Date Event Source Price % Change
5/12/21
Price Changed CBRMLS $58,900 -7.8%
3/20/21
Listed / Active CBRMLS $63,900
3/15/21
Delisted / Withdrawn CBRMLS $63,900

Finding records…

No additional history available

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