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$489,000
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Property Description
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.
Full Property Details
Full Property Details for 5500 N Ridge Rd
General
- Price: $489,000
- Taxes: $5,828 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5198835
- Updated: 7/31/2026
- Added to Site: 144 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Bar, Natural Woodwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Basement, Den
- Appliances: Dryer, Range, Refrigerator, Water Softener, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Attached, Circular Driveway, Concrete, Direct Access, Detached, Garage Faces Front, Garage, Garage Door Opener
Location
- County: Lake
- Township: Madison Twp
- Driving Directions: Adjacent to the corner of McMackin Rd and State Route 20
School Information
- Elem School District: Madison LSD Lake- 4303
- Midd School District: Madison LSD Lake- 4303
- High School District: Madison LSD Lake- 4303
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Brick, Block
- Basement: Yes
- Basement Desc.: Daylight, Exterior Entry, Full, Finished, Interior Entry, Bath/Stubbed, Storage Space, Walk-Out Access
- Roof: Asphalt, Fiberglass
- Stories/Levels: 1
- Square Feet: 3,512
- Living Area: 3,512 Sq. Ft.
- Finished Above Grnd: 1,762 Sq. Ft.
- Finished Below Grnd: 1,750 Sq. Ft.
- Year Built: 1956
- Year Built Source: Assessor
Additional Structures
- Other Structures: Garage(s), Shed(s)
Lot Features
- Property View: Pond
- Lot Size (Acres): 6.58
- Lot Size: 6.58
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $5,828.08
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Estate
- Legal Description: LOT 4 TRACT 4
- Property ID: 01-B-122-0-00-073-0
Listed by EXP Realty, LLC., Daniel McGarry
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Schools
Schools serving 5500 N Ridge Rd
School District:Madison Local School District, Bainbridge, OH
| Name | Grades | Distance |
|---|---|---|
Red Bird Elementary School 92 East Main Street, Madison, OH 44057 | K-5 | 3 mi |
Madison Middle School, Madison, OH 6079 Middle Ridge Road, Madison, OH 44057 | 6-8 | 1.1 mi |
Madison High School, Madison, OH 3100 Burns Road, Madison, OH 44057 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5500 N Ridge Rd
Date
Details
Price
Change
Source
7/31/2026
Price Reduced
$489,000
-7.56%
MLS
6/16/2026
Price Reduced
$529,000
-10.32%
MLS
4/27/2026
Price Reduced
$589,900
-14.49%
MLS
4/07/2026
Listed
$689,900
—
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 5500 N Ridge Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$98,730
—
2024
$4,424
29%
$98,730
51%
2023
$3,441
-1%
$65,250
—
2021
$3,487
—
$65,250
—
2022
$3,481
5%
$65,250
16%
2020
$3,323
—
$56,250
—
2019
$3,326
3%
$56,250
—
2018
$3,216
-5%
$56,250
-1%
2017
$3,368
10%
$57,090
—
2016
$3,058
4%
$57,090
—
2015
$2,953
-2%
$57,090
—
2014
$3,019
1%
$57,090
—
2013
$2,999
—
$57,090
—
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 5500 N Ridge Rd
5500 N Ridge Road, Madison, OH 44057 (MLS# 5198835) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5500 N Ridge Road is currently listed for $489,000 and was received on April 07, 2026. Want to learn more about 5500 N Ridge Road? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.
