3155 S State Route 48 Ludlow Falls, OH 45339
Property details
About 3155 S State Route 48
Residential / Business Don’t miss this once-in-a-lifetime chance to own and operate your own business while living on-site! Situated on a beautifully manicured 12-acre property, this unique estate currently operates as a banquet hall—ideal for weddings and special events—with ample parking to accommodate large gatherings. The charming residence offers approximately 2,000 square feet of living space, featuring 4 spacious bedrooms and 2.5 baths. The home showcases rich custom woodwork throughout, highlighting the craftsmanship and quality in every detail. Relax and unwind on the inviting wrap-around porch—perfect for quiet evenings or morning coffee. The expansive outbuilding, fully remodeled in 2020, offers over 5,000 square feet of flexible entertaining space. Designed to impress, it includes professional-grade kitchen amenities, new 2x8 exterior walls for durability, and multiple HVAC systems for year-round comfort. As an added bonus, all items shown in the photos will remain with the property—ready for immediate use. Whether youre looking to host events, expand your portfolio, or embrace a peaceful live/work lifestyle, this turnkey property delivers it all. Zoning: A2 General Agriculture Home: 2 story historic home, offers 4 bedrooms 2 1/2 baths, with attached 1 car garage with large storage room. detached 16 x 20 garage, large dining room, large living room, primary bedroom on the main floor with its own private bath. 3 bedrooms on 2nd floor. Utilities are on well and septic Outbuilding: Over 5100 sq ft currently used and Coopers Banquet and Catering Hall, exceptionally maintained inside and out, replaced 2x8 walls in 2000 with all new drywall, insulation, electrical, kitchen set up for a chef, lots of coolers, refrigeration units, freezing units, prep areas, storage areas, mens and womens restroom, wet bar, dance floor, all chattel included, professional staged and set up as a wedding venue banquet hall. Supplied by city water.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Cooktop, Dryer, Dishwasher, Range, Refrigerator, Washer, Electric Water Heater, Tankless Water Heater
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Detached, Garage, One Car Garage, Garage Door Opener, Storage
- Exterior: Deck, Porch
- Heating: Baseboard, Forced Air, Heat Pump, Propane
- Cooling: Central Air, Other
- List Price: $887,500
- Price/SqFt: $123
- Annual Tax Amount: $8,765
- Tax Year: 2023
- Directions: North on St Rt 48 from West Milton and just South of St Rt 55 on East side of road.
- Year Built: 1878
- Stories: 2
- Living Area: 7,158 SqFt
- Lot Size: 10 Acres
- MLS Number: 936273
- MLS Name: DAYTON
- Office Name: RE/MAX Alliance Realty
- Office Phone: (937) 470-1111
- Listing Agent: Mike Temple
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 2:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$887,500
3155 S State Route 48
$10,000
closing credit¹
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $140,320 | $8,765 |
| 2022 | $140,320 | $8,551 |
| 2021 | $137,450 | $8,484 |
| 2020 | $137,450 | $8,484 |
| 2019 | $137,450 | $8,787 |
| 2018 | $129,400 | $7,956 |
| 2017 | $129,400 | $7,956 |
History based on county public records data.
Nearby schools
6
Milton-Union Elementary School
Public District KG-5
2.1 mi
•7620 Milton Potsdam Rd
8
Newton Elementary School
Public District KG-6
4.4 mi
•201 N Long St
7
Concord Elementary School
Public District KG-5
5.0 mi
•3145 State Route 718
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,823. Typical income of Ludlow Falls, OH residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Cadillac
What do the neighbors listen to?
Classic Country
New Country
Oldies
Frequently asked questions
About 3155 S State Route 48
The listing price of 3155 S State Route 48 property is $887,500.
The property 3155 S State Route 48 is a house located in Ludlow Falls, Ohio, 45339.
Active Listing: 3155 S State Route 48 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3155 S State Route 48 are: Milton-Union Elementary School (GreatSchools Rating 6/10), Newton Elementary School (GreatSchools Rating 8/10), Concord Elementary School (GreatSchools Rating 7/10), Milton-Union Middle School (GreatSchools Rating 5/10), Troy Junior High School (GreatSchools Rating 6/10), Tippecanoe Middle School (GreatSchools Rating 7/10), Milton-Union High School (GreatSchools Rating 5/10), Newton Junior High School / High School (GreatSchools Rating 6/10), Tippecanoe High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $8,765 (source: MLS/based on county public records data).
The property at 3155 S State Route 48 has 4 bedrooms and 2 full and 1 half bathrooms.
The property 3155 S State Route 48 is 7,158 SqFt (source: MLS/tax record).
The year of construction for 3155 S State Route 48 is 1878.
This home is located at 3155 S State Route 48 in Ludlow Falls, OH and zip code 45339. This 7,158 square foot home, which was built in 1878, sits on a 10.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $887,500.