Room to settle in, space to spread out, and flexibility for whatever comes next. Set on 6.58 acres across three parcels, this classic brick ranch offers comfortable one-floor living, a stocked pond, and plenty of room to enjoy the property. Inside, you’ll find three bedrooms, two full and one half bathrooms, approximately 1, 762 square feet above grade, an attached two-car garage, and a finished walk-out lower level providing additional space for relaxing, entertaining, or gathering with family and friends. Elsewhere on the property, a separate approximately 1, 600-square-foot masonry building adds possibilities that most homes simply cannot offer. It includes two offices, a half bathroom, storage space, four bays, gas heat, hot water, concrete parking, and Route 20 signage. B-2 commercial zoning and excellent visibility provide added flexibility for an approved business, workshop, equipment storage, or the convenience of keeping work close to home without making it part of your living space. Whether you are looking for a distinctive home with acreage, room for your hobbies and equipment, or the convenience of living and working in one location, this property brings home, land, and flexibility together in a way that is difficult to duplicate. Schedule your private showing today.
For sale
Price cut: $40K (7/31)
$489,000
5500 N Ridge Road, Madison, OH 44057
3beds
3,512sqft
Single Family Residence
Built in 1956
6.58 Acres Lot
$475,800 Zestimate®
$139/sqft
$-- HOA
What's special
- 157 days
- 95
- 4
Zillow last checked:
Listing updated:
Listed by:
Daniel McGarry,
EXP Realty, LLC.
Source: eXp Realty,MLS#: 5198835Originating MLS: Akron Cleveland Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fans
Appliances
- Included: Dryer, Range, Refrigerator, Water Softener, Washer
Features
- Bookcases, Built In Features, Ceiling Fans, Eat In Kitchen, Bar, Natural Woodwork
- Basement: Daylight, Exterior Entry, Full, Finished, Interior Entry, Bath Stubbed, Storage Space, Walk Out Access
- Number of fireplaces: 1
- Fireplace features: Basement, Den
Interior area
- Total interior livable area: 3,512 sqft
- Finished area above ground: 1,762
- Finished area below ground: 1,750
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Attached, Circular Driveway, Concrete, Direct Access, Detached, Garage Faces Front, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Lot
- Size: 6.58 Acres
Details
- Additional structures: Garage(s), Shed(s)
- Additional parcels included: 01-B-122-0-00-018-0, 01-B-122-0-00-069-0
- Parcel number: 01B1220000730
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Block
- Foundation: Brick/Mortar, Combination, Block
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $282,090
- Annual tax amount: $5,828
- Date on market: 4/7/2026
- Cumulative days on market: 120 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
$475,800
$452,000 - $500,000
$2,033/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $489,000-7.6%$139/sqft |
Source: eXp Realty #5198835 Report a problem | ||
| 6/17/2026 | Price change | $529,000-10.3%$151/sqft |
Source: eXp Realty #5198835 Report a problem | ||
| 4/27/2026 | Price change | $589,900-14.5%$168/sqft |
Source: eXp Realty #5198835 Report a problem | ||
| 4/7/2026 | Listed for sale | $689,900$196/sqft |
Source: eXp Realty #5198835 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,849 -13% | $98,730 |
| 2024 | $4,424 +28.6% | $98,730 +51.3% |
| 2023 | $3,441 -1.2% | $65,250 |
| 2022 | $3,481 -0.2% | $65,250 |
| 2021 | $3,487 +4.9% | $65,250 +16% |
| 2020 | $3,323 -0.1% | $56,250 |
| 2019 | $3,326 0% | $56,250 -1.5% |
| 2018 | $3,326 | $57,090 |
| 2017 | $3,326 +10.3% | $57,090 |
| 2016 | $3,016 +3.6% | $57,090 |
| 2015 | $2,911 -2.2% | $57,090 |
| 2014 | $2,977 -0.2% | $57,090 |
| 2013 | $2,984 +7.6% | $57,090 +5.5% |
| 2012 | $2,774 +3.6% | $54,130 -7.3% |
| 2011 | $2,678 +2.2% | $58,390 |
| 2010 | $2,621 +3.6% | $58,390 +0% |
| 2009 | $2,529 +714.3% | $58,388 +802.7% |
| 2008 | $311 | $6,468 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 44057
Nearby schools
Schools provided by the listing agent
- District: Madison LSD Lake- 4303
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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