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1478 Bennett Road, Madison, OH
Massive Price Reduction – Investor Opportunity! Step into the charm of this remarkable Century home in Madison, Ohio. Featuring timeless architectural details and generous living space, this property is ready for renovation and transformation. Selling as-is. With the right updates, this home could truly shine. Endless potential for investors, rehabbers, or buyers looking to build equity. This remarkable century home was built in 1862 and steeped in 19th-century architectural charm. Reflecting the transitional design influences of its time — when Greek Revival gave way to early Italianate and Gothic-inspired vernacular architecture — this residence celebrates handcrafted details and classic proportions that have stood for generations. The main floor features two bedrooms, a remodeled full bathroom, and first-floor laundry, while a third bedroom awaits upstairs. Imagine cozy evenings in the family room — its vaulted, beam-accented ceilings, wood-burning fireplace, and loft space evoke the spirit of a rustic lodge within a historic setting. Outdoors, historic charm continues: enjoy morning coffee on the covered front porch, entertain on two patios, and savor privacy in the fully fenced backyard. All this is ideally located in beautiful Madison Township near Lake Erie, shopping, restaurants, and golf. A one-year home warranty is included, making this storied home as practical as it is picturesque. Recent improvements: Landscaping: 2 large dogwood trees and 4 hydrangeas planted in the backyard, hydrangeas positioned for privacy. New thermocouple & gas valve in boiler - Electrical updates done by Positive Energy in Madison: replaced old electrical panels with 2 new electrical panels, updated wiring throughout - Main bathroom: complete gut down to studs and remodel, updated plumbing -Second bathroom: updated plumbing - Dining room: rebuilt wall, paint - New roof - Kitchen: 1 new countertop. Priced to sell and selling as is.
Property Type
SingleFamilyResidence
Style
Bungalow,Colonial
Year Built
1862
Lot Size
20,190 sqft
Days on Market
50 days
Full Baths
2
Subdivision
Ely #2
MLS #
1150183786
Listing Type
Residential
Market
YESMLS
District
Madison LSD Lake- 4303
1478 Bennett Road, Madison, OH 44057 — Lake County
Anne M Krauss
Platinum Real Estate
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How this home compares across city, state, and national benchmarks
Listed at $149,999, this 3-bed SingleFamilyResidence in Madison is 21% below the Census median home value of $190,900 for Madison. Compared to 27 other 3-bed homes in Madison (averaging $182,130), this property is 18% below average. Ohio's median home value is $150,936, putting this listing 1% below the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 37 homes for sale
Madison has a population of 3,427 with a median household income of $95,313 and a homeownership rate of 91.5%. The median home value is $190,900 and the median rent is $888/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data