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  • $925,000

    5201 Emerson Rd, Madison, OH 44057

    --beds
    0baths
    126.28Acres
    Unimproved Land
    Built in ----
    126.28 Acres Lot
    $925,200 Zestimate®
    $--/sqft
    $1,453 Estimated rent

    Home value

    $925,200

    $879,000 - $971,000

    $1,453/mo

    Zestimate® history
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    What's special

    Peaceful rural settingScenic wooded ravinesMature timber
    Rare opportunity to own approximately 126 acres of productive farmland and recreational property in Madison, Ohio. This versatile property offers an excellent combination of approximately 56 acres of tillable ground, mature timber, scenic wooded ravines, and multiple small creeks that provide natural water sources for wildlife and enhance the property's beauty. The wooded acreage offers outstanding habitat for whitetail deer, wild turkey, and other native wildlife, making it an excellent recreational property for hunting, hiking, and enjoying the outdoors. The combination of tillable acreage, timber, rolling terrain, and water creates a diverse landscape with year-round appeal. The property includes two homes. One home is considered a tear-down, while the second is an approximately 1,810-square-foot, two-bedroom, one-bath residence. The home appears to have solid structural bones but will require remodeling and updates, offering an opportunity for a buyer to customize it as a primary residence, weekend getaway, or farm headquarters. An Agricultural Easement is in place, helping preserve the property's agricultural use. As a result, the property cannot be subdivided. Buyers should review the easement and any applicable restrictions to determine suitability for their intended use. Conveniently located in Madison, this property offers a peaceful rural setting while remaining close to local amenities, Lake Erie, parks, shopping, wineries, and major roadways. Whether you are looking for productive farmland, recreational acreage, a hunting property, or a long-term land investment, this property offers a unique combination of agricultural productivity, natural beauty, and outdoor recreation in Lake County.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Schaefer 216-406-3757 jeremy.schaefer@whitetailproperties.com,

    Whitetail Properties Real Estate LLC,

    Mark Zimmerman 330-705-2567,

    Whitetail Properties Real Estate LLC

    Bought with:

    Mark Zimmerman, 2018001585

    Whitetail Properties Real Estate LLC

    Source: MLS Now,MLS#: 5227210MLS LogoOriginating MLS: Other/Unspecificed

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Parking
    • Parking features: Driveway
    Lot
    • Size: 126.28 Acres
    Details
    • Additional parcels included: 01A0610000100,01A0610000080,01A0550000100,01A0550000030
    • Parcel number: 01A0610000090
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Tax assessed value: $239,920
    • Annual tax amount: $9,782
    • Date on market: 7/15/2026
    • Cumulative days on market: 51 days

    Price history

    DateEventPrice
    9/30/2026Sold$925,000-17.7%
    Source: MLS Now #5227210 Report a problem
    9/3/2026Pending sale$1,124,000
    Source: MLS Now #5227210 Report a problem
    7/15/2026Listed for sale$1,124,000
    Source: MLS Now #5227210 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,281 +1.6%$83,970
    2024$4,215 +12.1%$83,970 +38.6%
    2023$3,760 -0.4%$60,570
    2022$3,776 -0.2%$60,570
    2021$3,783 +22%$60,570 +38.4%
    2020$3,101 -0.1%$43,750
    2019$3,103 +37.2%$43,750 +4.3%
    2018$2,262 $41,960
    2017$2,262 +10.4%$41,960
    2016$2,050 +3.6%$41,960
    2015$1,978 -2.1%$41,960
    2014$2,022 $41,960
    Find assessor info on the county website

    Neighborhood: 44057

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Madison LSD Lake- 4303

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.