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25 Horseshoe Dr, Newark, OH, 43055

2beds
1baths
784sqft
$49,900
$64price/sqft
$532/moest. monthly cost
$21,280/yrincome needed

About This Home

Affordable, updated, and move-in ready! This charming and well-maintained 2-bedroom, 1-bath manufactured home has been thoughtfully updated and meticulously cared for by its current owner. Inside, you'll find a bright and inviting living space, central HVAC for year-round comfort, and the convenience of an included washer and dryer. Outside, the property offers three dedicated parking spaces and low-maintenance living in a quiet community. Located within walking distance of Heritage Middle School and just minutes from shopping, restaurants, parks, healthcare, and all the everyday conveniences Newark has to offer, the location is hard to beat. With lot rent of just $350 per month, this is an excellent opportunity for affordable homeownership without sacrificing comfort or convenience. Whether you're looking to downsize, purchase your first home, or simply enjoy an affordable and easy-to-maintain lifestyle, this cute and quaint home is one you won't want to miss.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
Carson Elementary SchoolGrades K-50.8 mi
5/10
Heritage Middle SchoolGrades 6-80.1 mi
3/10
Newark High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Other

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Gas Range,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Window features: Insulated Windows
  • Flooring: Laminate,Carpet,Vinyl
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 784
  • Total interior livable area: 784 sqft

Property

Details

  • Parcel number: 05407189

Features

  • Levels: One
  • Patio & porch: Patio

Lot

  • Lot size: 8,712 sqft

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $252$3,024
Home Insurance *$26$312
Property Taxes $61$732
Electricity $193$2,320
Total$532$6,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,240/yr
40% on housing$15,960/yr
45% on housing$14,186/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 43055$221
Licking County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 43055$173
Licking County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Price change$45,000
2026-07-31Price change$49,900
2026-07-03Price change$54,000
2026-06-20Listed for sale$59,000

For Sale by Agent

AgentJeremy Melloul
BrokerageReafco

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