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305 Madison Avenue

Lancaster, OH 43130
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Bed --

Bed

Bath 0

Bath

Acres0.17

Acre(Lot)

Beautifully updated and filled with charm, this unique property features a spacious main home PLUS a rear residence/additional dwelling unit (ADU), offering exceptional versatility. Previously used as an ABNB/furnished rental, the ADU provides a variety of possibilities. The main home has been extensively updated within the last two years while maintaining its inviting character. The spacious floor plan features 3-4 bedrooms, 2 full baths, and includes a living room, dining room and a flexible main-level room ideal for a 4th bedroom, office or den. Generously sized rooms throughout provide comfortable living and entertaining spaces throughout. Numerous 2024 improvements include fresh interior paint, new flooring and carpet, an updated kitchen, remodeled baths, new furnace and A/C, light fixtures, outlets, ceiling fans and more! Outdoor improvements include a poured concrete front driveway, gravel rear driveway, patios, stone landscaping, and pergola. The washer and dryer remain with the main home. Set farther back on the property, the separate rear residence/ADU offers wonderful seclusion, with a newer privacy fence. It features a full kitchen, living room, 1-2 bedrooms, washer and dryer, fresh paint, a rear deck and firepit area. A private backyard with outstanding living spaces and a storage shed add to the property's appeal. With extensive improvements already completed and two separate living spaces, this property offers versatility and tremendous potential. Located just minutes from Rising Park, the bike path, Fairfield County Fairgrounds, shopping and dining. Great opportunity!

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Detail Ic Property Details

Property Type : Residential Income

Price : $284,500

AD Id : 91649722

MLS Id : 226037616

Lot Size : 0.17 Acre

Tax Amount : $2,252

Year Built : 1900

County : Fairfield

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Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes

  • Building Information

    Year Built: 1900 Construction Materials: Block, Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.17 Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2

  • Listing Price Information

    Listing Price: $284500 Conventional

  • Tax Information

    Parcel Number: 05-33071-000 Tax Year: 2025 Annual Tax: $2252

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
422 E 5th Avenue, Lancaster, OH, 43130 $225,000 -- -- -- 0.17 Acre
338 E Mulberry Street, Lancaster, OH, 43130 $255,000 -- -- -- 0.24 Acre
241 Perry Street, Lancaster, OH, 43130 $115,000 -- -- -- 0.07 Acre
153 Lake Street, Lancaster, OH, 43130 $159,000 -- -- -- 0.17 Acre
128 Union Street, Lancaster, OH, 43130 $226,000 -- -- -- 0.17 Acre
143 Union Street, Lancaster, OH, 43130 $260,000 -- -- -- 0.22 Acre

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ByOwner last updated this listing 10/10/2026 @ 15:23

MLS: 226037616 LISTED BY: Hugh Price, Howard HannaRealEstateServices 740-587-7319 SOURCE: Columbus and Central Ohio Regional MLS

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