5201 Emerson Road
Madison, OH, 44057 $ 1,124,000
Baths0.0 Monthly Estimate*
$ 7,097
Studio for $1,124,000. The lot size is 126.28.
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.
See more
FeaturesGeneralSewer Septic Tank
Possession Delivery Of Deed
Township Madison Twp
Property Subtype Residential
Tax Year 2025
Additional Parcels Description 01A0610000100 01A0610000080 01A0550000100 01A0550000030
County Lake
Property Type Land
HOA false
Attached Garage false
Status Active
Directions The property is on the corner of Ross Rd. and Emerson Rd. in Madison OH
City Madison
High School District Madison LSD Lake- 4303
Lot Size Units Acres
Tax Annual Amount 9782.42
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Madison LSD Lake- 4303
Elementary School District Madison LSD Lake- 4303
Property Sub Type Additional Residential
Legal Description LOT 8 TRACT 13
See more
InteriorMain Level Bathrooms 0
Total Baths 0
See more
ExteriorParking Features Driveway
Water Source Well
Lot Size Area 126.28
Lot Size Acres 126.28
Lot Size Source Assessor
Number of Lots 7
See more
* Excluded FeaturesList ByJeremy SchaeferListing Agent
Whitetail Properties Real Estate LlcBroker
jeremy.schaefer@whitetailproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,097
- Monthly Property Taxes
- $815
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Madison, OH
Average List Price $288,338
Percent of Sale Price 74%
About Madison, OH 3,229 Population
10% Since 2002
$ 53,309 Median Income
43.11 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4458322 Elementary School
4458539 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/15/2026 | $1,124,000 | | Listed Price |