305 Madison Ave, Lancaster, OH 43130
Property image
Property image
OFF MARKET

$223,300

Trulia Estimate
  • Studio

305 Madison Ave, Lancaster, OH 43130

Est. Refi. Payment $1,473/mo*
Refinance Your Home
Currently Off Market - Sold Jan 30, 2024 for $190,000

Home Value

Trulia Estimate
$223K
Since last month
Decreased$800 (-0.4%)
Since last year
Increased$17K (+8.1%)
Since last sale
Increased$35K (+18.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +223% in the last 10 years
MonthEstimated value
2026
September 2026$225K
August 2026$223K
July 2026$225K
June 2026$231K
May 2026$230K
April 2026$230K
March 2026$225K
February 2026$228K
January 2026$218K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
555 E Wheeling St, Lancaster, OH
0.17
Multi-Family Home
$330,000
11/18/25
-
-
243 King St, Lancaster, OH
0.45
Multi-Family Home
$265,000
11/13/25
-
-
342 E Chestnut St, Lancaster, OH
0.52
Multi-Family Home
$206,000
04/08/26
-
-
165 Lake St, Lancaster, OH
0.74
Multi-Family Home
$219,900
04/06/26
-
-
143 W Mulberry St, Lancaster, OH
0.81
Multi-Family Home
$172,000
05/29/26
-
-
171-173 E 6th Ave, Lancaster, OH
0.63
Multi-Family Home
$407,500
10/24/25
-
-
626 N Broad St, Lancaster, OH
0.75
Multi-Family Home
$330,000
07/30/26
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
222 Madison Ave, Lancaster, OH 43130
0.05
$245,900
3
1.5
1,498
Off Market
220 Madison Ave, Lancaster, OH 43130
0.05
$206,800
2
1
1,584
Off Market
317 Madison Ave, Lancaster, OH 43130
0.04
$189,800
2
1
1,136
Off Market
666 E Mulberry St, Lancaster, OH 43130
0.04
$231,400
3
2
1,736
Off Market
645 E Mulberry St, Lancaster, OH 43130
0.04
$204,900
2
1
1,120
For Sale
719 E Wheeling St, Lancaster, OH 43130
0.08
$253,400
3
1
1,596
Off Market
661 E King St, Lancaster, OH 43130
0.08
$136,700
2
1
1,019
Off Market
648 King St, Lancaster, OH 43130
0.07
$255,000
3
2
1,468
Recently Sold
726 King St, Lancaster, OH 43130
0.10
$244,300
3
2
1,233
Off Market
741 E Mulberry St, Lancaster, OH 43130
0.11
$264,900
3
1.5
1,680
Recently Sold
734 King St, Lancaster, OH 43130
0.12
$281,500
3
2
1,536
Off Market

Local Information

  • Map ViewExplore the area around 305 Madison Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900

About this House

***Investment Opportunity - 2 single family homes situated on 1 parcel*** Front home with 3 bedrooms; Back home with 1 bedroom. Located less than 1 mile to Fairfield Medical Center, 1 mile to Rising Park, & just blocks from local shopping & dining. ***Please do not disturb tenants. Curb offers only.*** **Please See ATA**
305 Madison Ave, Lancaster, OH 43130 is a studio multi-family built in 1900. It last sold for $190,000 on Jan 30, 2024 (5% below the $199,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $223,300, with a rent estimate of $1,365/month.
Last check for updates: about 6 hours ago
Listed by Sherry L Looney, (740) 808-1607
Howard HannaRealEstateServices
Bought with: Hugh H Price, (740) 404-2399, Howard HannaRealEstateServices
Source: Columbus and Central Ohio Regional MLS , MLS#223040252

Home Details for 305 Madison Ave

Interior Features

Appliances & Utilities
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Heating & Cooling
Heating: Forced AirNo CoolingHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportNo Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Property Information
Parcel Number: 0533071000

Price & Status

Price
List Price: $199,900
Status Change & Dates
Off Market Date: Tue Dec 26 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lancaster
School Information
High School District: LANCASTER CSD 2305 FAI CO.

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Miscellaneous

Mls Number: 223040252

Price and Tax history

DateEventPrice
Jan 30, 2024
Source: Columbus and Central Ohio Regional MLS #223040252
Sold
$190,000
Dec 27, 2023
Source: Columbus and Central Ohio Regional MLS #223040252
Contingent
$199,900
Dec 18, 2023
Source: Columbus and Central Ohio Regional MLS #223040252
Listed For Sale
$199,900
Dec 29, 2020
Source: N/A
Sold
$134,900
Dec 1, 2019
Source: Agent Provided
ListingRemoved
$134,900

Market trends in Lancaster

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$18MoM
Sale-to-List Price
99.5%
0.5%MoM
Price per sq ft
$176
$4MoM
Available listings
189
10MoM

Around this home

What Locals Say about Lancaster

At least 236 Trulia users voted on each feature.

  • 84 % Say yards are well-kept

  • 84 % Say it's dog friendly

  • 83 % Say car is needed

  • 79 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 66 % Say there are sidewalks

  • 59 % Say people would walk alone at night

  • 58 % Say neighbors are friendly

  • 58 % Say there's wildlife

  • 50 % Say it's quiet

  • 48 % Say streets are well-lit

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 39 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Julie Tucker
    "Small town but has all lots of shopping and restaurants "
    0
    Flag
  • Julie Tucker
    "Slow traffic "
    0
    Flag
  • Jodie DeLong
    "Nice area, walking distance to downtown. Firehouse, post office, police station, awesome park beside the firehouse, Catholic community at the top of the hill. School & all"
    0
    Flag
  • Julie Tucker
    "Small town feel with big city options. Neighbors are friendly, very quiet neighborhood, lots of wildlife even being 5 minutes from everything. Easy access to Columbus and other larger cities "
    0
    Flag
  • Kristin Hunt
    "There are not a lot of families with kids in them. My kid has a hard time finding kids that live here all the time and don’t just visit. "
    0
    Flag
  • Doug Funkhouser
    "My commute is 34 miles mostly via the highway. It’s manageable and worth it to live here. Occasionally an accident can delay the commute but that can happen anywhere. "
    0
    Flag
  • Julie Tucker
    "In and around Lancaster is easy but must own personal vehicle. Commuting to Columbus can be tedious. Traffic on 33 very heavy during rush hour "
    3
    Flag
  • Julie Tucker
    "Quit neighborhood. Rural feeling with all the convenience of being in the city. Neighbors are friendly and watch out for each other "
    1
    Flag
  • Kris H.
    "About 35 minutes to downtown Columbus. There are several ways to get there but traffic is usually horrible"
    0
    Flag
  • Julie Tucker
    "Depending on time of day traffic can be heavy but it is manageable. Roads are always maintained and easy drive "
    1
    Flag
  • Barbara L.
    "Kind and friendly neighbors who look out for each other. Close to Talmadge elementary schools with bike trail to the school."
    5
    Flag
  • Jessica W.
    "I am near everything in my community. If I can't get to ut by walking or driving, the bus is on its first stop in my area and starts at 8am. This area isn't to bad but I would nit recommend my apartments to anyone. They are invested with drugs, bugs and and slum lords. But the houses and area around are very decent."
    7
    Flag
  • Heatherann740
    "I’ve lived in this area from birth until 19 or 20 I moved away for about 15 years maybe a few more growing up it was a safe area neighbors friendly could leave your door unlocked I would not really be able to say the same now as most of small town USA it has been taken over by drug pushers and users this area is known for methamphetamine use and manufacturing wish it was how I remember it growing up but I still wouldn’t say it’s the worst area it’s just not as wholesome as it once was"
    3
    Flag
  • Barbara L.
    "People drive, skateboarding and kids riding their bikes but it’s scary because the drivers go so fast it’s scary. More younger families are moving on my as my Street is going through these changes."
    2
    Flag
  • Carol F.
    "Great neighborhood to bring up kids or live single. Schools, grocery, churches. Lots going on downtown. "
    1
    Flag
  • Katherine H.
    "People complain too much about the barking of other dog owners. If you have a dog it will bark, if you don’t like it go live in the country. Dogs WILL bark. "
    3
    Flag
  • Swaylan10
    "Dog owners would not like the really ferocious breeds in Lancaster because they do not know boundaries and when not to chase after other animals"
    1
    Flag
  • Dshouldis56
    "Activities for the young and aged just about weekly. Yard sales, Christian Events, meals on the grounds, Weddings, private parties, craft shows, swimming, picnicking, "
    4
    Flag
  • Nicolewoodman162017
    "I wouldn’t say that it’s the worst place, but it’s definitely not the best either. Lancaster is becoming more populated and because of that, there are a lot more crimes."
    0
    Flag
  • Newgrandma00
    "The people are very friendly it’s a quiet neighborhood and very well taken care of. I like living here very much"
    0
    Flag
  • Nicolewoodman162017
    "Lancaster is becoming more of a city so if you’re coming from Columbus or another bigger city like that, hoping for a less hectic place to settle down; this is not the place for you."
    2
    Flag
  • Natalie C.
    "We have weekly downtown events. Tons of local shop and support. Local farms. Local produce. Amazing community spirit. "
    4
    Flag
  • Lancaster Resident.
    "usually not too bad, public transit is available, more uber and lyft drivers are needed but some are available."
    1
    Flag
  • John s
    "Beautiful historical town with good schools and community spirit. Also beautiful parks and fairground "
    2
    Flag
  • Mary s
    "I love this neighbor good its quite and we all watch out for each.the houses are kept up and its stays very clean we all mind our business "
    3
    Flag
  • Dibelleau777
    "Most do not pick up their dogs poo😞so sad it,s a beautiful place to live, just not a lot of respectful people, when it comes to this issue."
    0
    Flag
  • Ms. Mccoy
    "I've lived here 33 years of my life. Schools are great! My neighbors are kind and we watch out for one another. Overall little crime in the city."
    0
    Flag
  • Ms. Mccoy
    "I've lived here 33 years of my life. Schools are great! My neighbors are kind and we watch out for one another. Overall little crime in the city."
    0
    Flag
  • Zack J. B. II.
    "They would like the big open yards. Everyone out in my neighborhood has dogs. There is woods and a park close by."
    0
    Flag
  • Susan S.
    "Safe, no crime, friendly area, great place to raise children. New schools and good education. City departments quick to address any needs in development or city areas. "
    1
    Flag
  • Susan S.
    "This is a quiet peaceful neighborhood. Neighbor are helpful, will watch your house, mow your grass and assist in whatever you may need help with"
    1
    Flag
  • Alyssa S.
    "I hate that there is a lack of sidewalks in Lancaster... only in select areas and downtown. Most suburbs have no sidewalks so you have to walk in the road!"
    1
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 305 Madison Ave

  • What is 305 Madison Ave estimated to be worth?
    Trulia's estimated value for 305 Madison Ave in Lancaster, OH is $223,300.
  • What is the price history for 305 Madison Ave?
    305 Madison Ave in Lancaster, OH last sold for $190,000 in January 2024.
  • Is Lancaster a buyer's or seller's market?
    Lancaster is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Lancaster?
    The median sale price in Lancaster is $257K. That is down $18 from the prior month.

Explore by feature - Pet Friendly

27 pet-friendly rentals in Lancaster, OH

Explore by feature - Garage

16 rentals with a garage in Lancaster, OH

Explore by feature - Air Conditioning

29 rentals with air conditioning in Lancaster, OH

Explore by feature - Pool

7 rentals with a pool in Lancaster, OH

Explore by feature - Washer/dryer

18 rentals with a washer/dryer in Lancaster, OH

Explore by feature - Outdoor Space

6 rentals with an outdoor space in Lancaster, OH

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 305 Madison Ave

Skip to last item
Skip to first item

Homes for sale near 305 Madison Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item