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

Overview

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

Listing Details MLS# 225000272

Location Property Info

Original List Price
6126400
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

MLS Entry Date
2025-01-03

General Property Info

Acreage
350.08
Minimum Acreage
350
Maximum Acreage
350.08
Residential Dwelling/Other Structure Y/N
No
# of Buildings
2
Building Sq Ft
5260
Year Built
1952
Built Prior to 1978
Yes
# of Dwellings
0

Tax Info

Parcel #
13-00091.000
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 Year
2023
Tax Abatement
No
Taxes (Yrly)
15557.5

Status Change Info

Under Contract Date
2025-02-28
Sold Date
2025-04-04
Sold Price/Acre
16800

Auction Info

Auction/Online Bidding Y/N
No

More Information

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

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

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

Income/Expenses

Gross Income
82000
Net Operating Income
16757.5
Total Expenses
16757.5

Addl Acceptance Cond

None Known
Yes

Services Available

Electricity Available
Yes
Water Available
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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