#5040730, Rick Osborne, Listing Office: Keller Williams Greater Cleveland Northeast
Property details
About 425 N Lake St
This unique half-acre property is zoned M1 (Light Industrial), offering incredible flexibility for a wide range of uses. Whether you're looking to build your dream home or start a small business, this land is ready for your vision. Previously the site of a residential home, the property already has access to essential utilities—including water, electricity, and sewer—saving you time and development costs. With zoning that allows for residential construction and commercial possibilities the opportunities are endless. Don't miss this rare chance to own a well-located, utility-ready lot with both residential and light industrial potential.
Highlights
Home typeOther
StatusActive
Lot size0.56 Acres
MLS #5123325
Summary
- Attached Garage: No
- Parking: None
- List Price: $30,000
- Annual Tax Amount: $419
- Tax Year: 2023
- Directions: Left on River St from 90, right on Main St, left onto Lake St
- Lot Size: 0.56 Acres
- MLS Number: 5123325
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Cleveland Northeast
- Office Phone: (440) 665-1129
- Office Email: hratcliffe@kw.com
- Listing Agent: Haley Ratcliffe
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$30,000
425 N Lake St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $4,910 | $419 |
| 2022 | $4,910 | $283 |
| 2021 | $4,910 | $2,352 |
| 2020 | $17,030 | $1,171 |
| 2019 | $25,820 | $1,727 |
| 2018 | $25,820 | $1,726 |
| 2017 | $24,900 | $1,710 |
History based on county public records data.
Nearby schools
6
South Elementary School
Public District KG-5
0.7 mi
•92 E Main St
7
North Elementary School
Public District KG-5
2.9 mi
•1941 Red Bird Rd
5
Perry Elementary School
Public District KG-4
4.5 mi
•1 Learning Ln
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 $60,361. Most Madison, OH residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
29%
<35k
48%
35k-100k
20%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
33%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Dick's Sporting Goods
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Arbys
What do the neighbors drive?
Chevrolet
Buick
GMC
What do the neighbors listen to?
Country
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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#5104639, Melissa S Harford, Listing Office: McDowell Homes Real Estate Services
Frequently asked questions
About 425 N Lake St
The listing price of 425 N Lake St property is $30,000.
The property 425 N Lake St is land located in Madison, Ohio, 44057.
Active Listing: 425 N Lake St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 425 N Lake St are: South Elementary School (GreatSchools Rating 6/10), North Elementary School (GreatSchools Rating 7/10), Perry Elementary School (GreatSchools Rating 5/10), Madison Middle School (GreatSchools Rating 5/10), Perry Middle School (GreatSchools Rating 6/10), Geneva Middle School (GreatSchools Rating 5/10), Madison High School (GreatSchools Rating 5/10), Perry High School (GreatSchools Rating 7/10), Geneva High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $419 (source: MLS/based on county public records data).
The property 425 N Lake St is 0.56 acres.
The sq. ft. of 425 N Lake St is not available (source: MLS/tax record).
This home is located at 425 N Lake St in Madison, OH and zip code 44057. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $30,000.
In April 2025 more than 8 listings in Madison, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Madison, OH increased by 1.8% between March and April 2025. Listings spent 21 days on the market in April 2025, and had a median list price of $205,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.