0 Fancher Road, New Albany, OH 43054 (MLS# 223026720)

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

Overview

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.

Listing Details MLS# 223026720

Location Property Info

Original List Price: 4400000
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

MLS Entry Date: 2023-08-17

General Property Info

Acreage: 40.66
Lot Size (Side): est 1728
Tillable Acres: 40
Previous Use: crops
Residential Dwelling/Other Structure Y/N: No
Built Prior to 1978: No
# of Dwellings: 0

Tax Info

Parcel #: 316-440-01-052-000
Zoning: mixed use
Multiple Parcels: No
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 899
Tax Incentive: No

Status Change Info

Under Contract Date: 2025-03-25
Sold Date: 2025-09-18
Sold Price/Acre: 110673.88

Expenses

R.E. Taxes: 899

More Information

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: N
Seller/Buyer Concessions: N

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

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.

Income/Expenses

Gross Income: 6000
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Water Available: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

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 ›

Soil Test ›

Listing Office: The Ohio Real Estate Co., Inc.

Listing Agent: Thomas E Schuler

Last Updated: September - 18 - 2025

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