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$49,900 Just Listed
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Property Description
Build your dream home on this beautiful 2.13-acre residential lot nestled in a peaceful wooded setting within city limits. This parcel is zoned R-2 residential (per city zoning confirmation) and previously had a residence, making it ready for redevelopment. Utilities: Water and sewer are available at the road, and tap fees have already been paid - simply reconnect with a new meter when you build. Additional Features:~Cash, Conventional, or Close of Escrow purchase options.~Existing remenants of prior structures and a shed on site~Mature trees offering privacy and natural scenery~Spacious lot ideal for custom construction. This is a rare opportunity to secure a large, ready-to-build parcel with utilities access already in place.
Full Property Details
Full Property Details for 605 College Way
General
- Price: $49,900
- Taxes: $290 (2025)
- Status: Active
- Type: Lots/Land
- Source: 507
- MLS ID: 1044063
- Updated: 3/3/2026
- Added to Site: 2 day(s) ago
Location
- County: Champaign
- Subdivision: James Add
- Neighborhood: James Add
- Driving Directions: 330 S of US 36 & W of US 68. Next to Urbana College.
School Information
- School District: 1104 Urbana CSD
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Lot Features
- Lot Size (Acres): 2.13
- Zoning: Residential
Financial Considerations
- Tax Amount: $290
- Tax Year: 2025
Disclosures and Reports
- Property ID: K482500011200100
Listed by Lynn Schrader
Get Pre-Approved Today
Schools
Schools serving 605 College Way
School District:Urbana City School District
| Name | Grades | Distance |
|---|---|---|
East Elementary School, Urbana, OH 1673 U.S. 68, Urbana, OH 43078 | PK-5 | 1.1 mi |
Urbana Junior High School 1673 U.S. 68, Urbana, OH 43078 | 6-8 | 1.1 mi |
Urbana High School 500 Washington Avenue, Urbana, OH 43078 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 605 College Way
Date
Details
Price
Change
Source
3/03/2026
Listed
$49,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 605 College Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$580
-23%
$17,600
—
2023
$751
-19%
$17,600
-14%
2022
$926
16%
$20,550
25%
2021
$796
-3%
$16,440
-44%
2020
$818
-15%
$29,200
—
2019
$957
31%
$29,200
23%
2018
$732
1%
$23,700
—
2017
$727
-37%
$23,700
—
2016
$1,155
-1%
$23,700
2%
2015
$1,162
—
$23,140
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 605 College Way
605 College Way, Urbana, OH 43078 (MLS# 1044063) is a Lots/Land property with a lot size of 2.13 acres. 605 College Way is currently listed for $49,900 and was received on March 03, 2026. Want to learn more about 605 College Way? Do you have questions about finding other Lots/Land real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.

