Versatile 5.1 acre Ranch With Extensive Outbuildings & Business Potential! This unique property offers the perfect combination of comfortable living, abundant storage, and incredible flexibility for a home-based business, mechanic shop, hobby operation, or whatever your needs may be. Situated on 5.1 acres with wooded acreage in the rear, this property is located in Franklin Township, which has no zoning, providing a rare opportunity for a variety of uses.
This stick-built ranch with walk-out basement offers 3-4 bedrooms & 2 full baths, beautiful hardwood flooring throughout much of the main level, & fresh paint on the first floor. Recent improvements include a new propane furnace, pressure tank in May 2026, & new roof in June 2026. The full walk-out lower level features a spacious family room with a wood-burning stove, creating the perfect gathering space, with direct access to the backyard.
A major bonus is the outdoor wood-burning furnace, which can heat the home, hot water, and main garage. Large logs for the outdoor furnace will convey with the property.
The extensive outbuilding package is truly impressive, including a 64x36 six car detached garage, 60x40 building, multiple lean-tos, and additional storage sheds. The oversized detached garage features 2 garage door openers, air compressor, & additional storage in the rear. The other barn has electric, water, & an air compressor already in place, it simply needs a hydrant to complete the water setup. A fenced side yard provides additional outdoor space, while the wooded acreage behind the property offers excellent hunting and recreational opportunities. Whether you're looking for room to operate a business, store equipment and vehicles, have a mechanic or workshop space, pursue hobbies, or simply enjoy the privacy and flexibility of acreage, this property offers exceptional possibilities!
Conveniently located just 5 minutes from the I-71/SR 95 interchange and approximately 35 minutes North of Columbus.
For sale
$449,900
4305 State Route 314, Mount Gilead, OH 43338
4beds
1,600sqft
Single Family Residence
Built in 1990
5.1 Acres Lot
$-- Zestimate®
$281/sqft
$-- HOA
What's special
Additional storage shedsMultiple lean-tos
- 6 days
- 316
- 10
Zillow last checked:
Listing updated:
Listed by:
Cheyenne A Peck 419-210-0034,
Howard Hanna - Main Office
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226035812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 4
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Purifier
Features
- Windows: Insulated Windows
- Basement: Walk-Out Access,Full
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage Door Opener, Heated Garage, Detached, Farm Bldg
- Garage spaces: 8
Features
- Levels: One
- Patio & porch: Porch, Patio, Deck
- Exterior features: Balcony
- Fencing: Fenced
- Waterfront features: Stream
Lot
- Size: 5.1 Acres
- Features: Ravine Lot, Wooded
Details
- Additional structures: Shed(s), Outbuilding
- Parcel number: F140010005002
- Special conditions: Third Party Approval
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mount Gilead
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $266,200
- Annual tax amount: $3,434
- Date on market: 9/18/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $449,900$281/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,384 +2.8% | $93,170 |
| 2024 | $3,292 -4.1% | $93,170 |
| 2023 | $3,432 +30.2% | $93,170 +46% |
| 2022 | $2,635 +1.1% | $63,810 |
| 2021 | $2,606 +1.1% | $63,810 |
| 2020 | $2,579 +10.6% | $63,810 +13% |
| 2019 | $2,332 -0.1% | $56,490 |
| 2018 | $2,333 +0.4% | $56,490 |
| 2017 | $2,323 +21.3% | $56,490 +20.8% |
| 2016 | $1,914 +1.8% | $46,770 |
| 2015 | $1,881 +3.3% | $46,770 |
| 2014 | $1,821 -0.1% | $46,770 -5% |
| 2013 | $1,823 +0% | $49,250 |
| 2012 | $1,823 +0.1% | $49,250 |
| 2011 | $1,821 +12.1% | $49,250 +12.5% |
| 2010 | $1,624 +13% | $43,790 |
| 2009 | $1,438 | $43,790 |
Find assessor info on the county website
Monthly payment
Est. payment





