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  • $1,124,000

    5201 Emerson Rd, Madison, OH 44057

    --beds
    0baths
    126.28Acres
    Unimproved Land
    Built in ----
    126.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    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.
    21 days
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    556
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    35
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    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

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

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      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: 23 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44057

        Getting around

        1 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        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.

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