0 Madden Higgins Road, London, OH 43140 (MLS# 225000272)

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

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

Supplements: ********

More Information MLS# 225000272

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

General Property Info

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

Tax Info

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

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

Status Change Info

Sold Price/Acre: 16800 Under Contract Date: 2025-02-28 Sold Date: 2025-04-04 Sold Price: $5,881,344

Income/Expenses

Gross Income: 82000 Net Operating Income: 16757.5 Total Expenses: 16757.5

Addl Acceptance Cond

None Known: 1

Services Available

Electricity Available: 1 Water Available: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 6126400 Sold Price: $5,881,344 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

Status: Closed MLS Entry Date: 2025-01-03

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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