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5056 Chipman Dr, Columbus, OH, 43232

4beds
2baths
1,573sqft
$255,000
$162price/sqft
$1,970/moest. monthly cost
$78,800/yrincome needed

About This Home

Opportunity knocks in Blacklick Estates! This 3-level split offers 4 bedrooms, 1.5 baths, and 1,573 square feet of potential in the Groveport Madison Local School District. Situated on a .16-acre lot with sidewalks, the property features a long concrete driveway with space for three off-street parking spots. Inside, the front living room is filled with natural light from a large picture window. The eat-in kitchen includes ceramic tile flooring, recessed lighting, stainless steel appliances, a window over the sink with backyard views, abundant cabinetry, and a spacious built-in pantry, plus direct access to the patio--perfect for outdoor dining. The fenced yard adds privacy and room to play or garden. All three upper-level bedrooms offer overhead lighting; one features a ceiling fan. The lower level includes a generously sized half bath with an egress window and space to add a shower, as well as a family room with glass block windows and a fireplace featuring a hearth, mantle, and striking brick surround. This home needs significant TLC and is being sold as an investor special--ideal for buyers looking to renovate and build equity. Sold as-is.

Getting Around

20
WalkingCar-Dependent
0
TransitNo Nearby Transit
31
BikeSomewhat Bikeable

Schools

3/10
Asbury Elementary SchoolGrades K-50.3 mi
4/10

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Gas Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Ceramic/Porcelain,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,573
  • Total interior livable area: 1,573 sqft

Property

Details

  • Parcel number: 180002346

Features

  • Levels: Multi/Split
  • Patio & porch: Patio
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft

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

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

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 $1,289$15,468
Home Insurance *$163$1,956
Property Taxes $325$3,900
Electricity $193$2,320
Total$1,970$23,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,542/yr
40% on housing$59,100/yr
45% on housing$52,533/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: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 43232$139
Franklin County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 43232$163
Franklin County$191

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)

Price History

DateEventPrice
2026-05-08Listed for sale$185,000
2003-12-04Sold$107,000
2000-09-07Sold$61,800

For Sale by Agent

AgentBrian D Kemp
BrokerageKeller Williams Capital Ptnrs

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