For sale

Price cut: $9.1K (6/15)

$239,900

503 Elise Ln, Gibsonburg, OH 43431

3beds

2,092sqft

$1,820/mo

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Condominium

Built in 1998

-- sqft lot

$-- Zestimate^®

$115/sqft

$165/mo HOA

What's special

Welcome home to this spacious, condo featuring 2-3 bedrooms, 2 full baths, and plenty of flexible living space. The main floor is bright and inviting, with beautiful natural light and a living room door leading to a patio with privacy panels. The large main-floor bedroom includes a walk-in closet and is located next to a full bath for added convenience. Upstairs offers a large second bedroom, a versatile open space perfect for a family room, office, or possible third bedroom, an additional full bath, and an impressive storage area. Buyers will appreciate the many updates, including a new furnace and central air in 2023, brand-new windows in 2024, and a washer and dryer purchased in 2023 that remain with the home. Laundry is currently on the main floor, with additional hookups on the second level for added flexibility. This condo offers a low-maintenance lifestyle, perfect for those looking to simplify without sacrificing space or comfort.

116 days

335

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Other

Level: Upper
Dimensions: 16 x 10

Other

Level: Upper
Dimensions: 16 x 11

Other

Level: Main
Dimensions: 14 x 17

Dining room

Level: Main
Dimensions: 11 x 10

Kitchen

Level: Main
Dimensions: 13 x 10

Living room

Level: Main
Dimensions: 17 x 11

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Microwave, Disposal, Dryer, Electric Range, Refrigerator, Washer
Laundry: Main Level, Upper Level

Features

Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Luxury Vinyl
Has basement: No
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,092
Total interior livable area: 2,092 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached Garage
Garage spaces: 2

Features

Levels: One and One Half
Patio & porch: Side Patio

Details

Parcel number: 272300000510
Other equipment: DC Well Pump

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Asphalt

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: Yes
Amenities included: Spa/Hot Tub
Services included: Lawn Care, Snow Removal
HOA fee: $165 monthly

Location

Region: Gibsonburg

Financial & listing details

Price per square foot: $115/sqft
Tax assessed value: $65,490
Annual tax amount: $2,213
Date on market: 5/7/2026
Listing terms: Cash,Conventional,FHA
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/15/2026	Price change	$239,900-3.7%$115/sqft
Source: Firelands MLS #20261440 Report a problem
5/7/2026	Listed for sale	$249,000+31.1%$119/sqft
Source: Firelands MLS #20261440 Report a problem
7/21/2023	Sold	$190,000-5%$91/sqft
Source: NORIS #6103274 Report a problem
7/7/2023	Pending sale	$199,900$96/sqft
Source: NORIS #6103274 Report a problem
7/1/2023	Listed for sale	$199,900+53.8%$96/sqft
Source: NORIS #6103274 Report a problem
9/6/2017	Sold	$130,000$62/sqft
Source: Public Record Report a problem
8/3/2017	Pending sale	$130,000$62/sqft
Source: Polter Real Estate #20174190 Report a problem
8/1/2017	Listed for sale	$130,000+13%$62/sqft
Source: Polter Real Estate #20174190 Report a problem
9/30/2015	Sold	$115,000-5.7%$55/sqft
Source: NORIS #5089947 Report a problem
6/22/2015	Listed for sale	$121,900+16.2%$58/sqft
Source: Wendt Key Team Realty #20153337 Report a problem
8/20/2001	Sold	$104,900$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,213 +32%	$65,490 +45%
2023	$1,676 +1.7%	$45,150
2022	$1,648 -5.3%	$45,150
2021	$1,740 +12.1%	$45,150 +18%
2020	$1,552 +0%	$38,260
2019	$1,551 -0.1%	$38,260
2018	$1,553 +6.5%	$38,260 +3.7%
2017	$1,458 +3%	$36,890
2016	$1,415	$36,890
2015	$1,415 -3.6%	$36,890 +3.3%
2014	$1,469 -1.2%	$35,710
2013	$1,487 +4.7%	$35,710
2012	$1,420 -9.8%	$35,710 -15%
2011	$1,575 +1.3%	$42,000 -1.1%
2010	$1,555 +0.5%	$42,460
2009	$1,547 -10.8%	--
2008	$1,734 -0.1%	--
2007	$1,735 +102.6%	--
2006	$857 -44.1%	--
2005	$1,533 -0.3%	--
2004	$1,538 -0.2%	$38,470
2003	$1,540 -12.4%	$38,470 -2.8%
2002	$1,759 -17.6%	$39,560 -15.4%
2001	$2,135 +4.2%	$46,760
2000	$2,049	$46,760