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2294 E 40th #Us, Lewisburg, OH, 45338

4beds
1baths
1,964sqft
$442,294
$225price/sqft
$3,103/moest. monthly cost
$124,120/yrincome needed

About This Home

Escape to the country with this Bungalow Home situated on 20 Acres with a Pond - perfect for a Homestead Mini Farm! Offering nearly 2,000 sq ft, this 4 Bedroom, 1 Bath Home blends classic character with modern updates. Step inside to find freshly painted interiors in soft, neutral tones with classic beige walls and crisp white trim. While new carpet provides a cozy feel, Hardwood Floors lie beneath, ready to be restored for timeless appeal. Solid Antique Wood Doors throughout. The Family Room showcases Archways and a Tray Ceiling, adding character and charm. The Updated Eat-In Kitchen features fresh paint, new countertops, and a stylish backsplash for a modern touch. Appliances Convey (Refrigerator and Stove). Completely Updated Bath. 2 Bedrooms on Main Level (Walk-In Closet), and 2 Bedrooms on Upper Level with Landing/Sitting Room in between. Full Basement with easy access to Mechanicals as well as Canning/Storage Room (17 x 3), W/D Convey. Peace of mind from Major Mechanical Updates completed in 2021, including A/C, Furnace, Electric Panel, Water Heater, Well Pressure Tank, and Water Softener. Outside enjoy all the comforts of Rural Living: Large Covered Front Porch, Enclosed Porch (20 x 9), Covered Back Porch, all offering scenic views overlooking property. Outbuildings Include: Oversize 1 Car Detached Garage (New Roof and Siding), 2 Barns (Freshly Painted), as well as a Foundation to add another Structure. With 20 Acres, there is plenty of space for Entertaining, Gardening, Recreation, or simply enjoying the Scenic Surroundings. This property features acreage currently farmed and enrolled in CAUV, providing agricultural benefits. Need more peace and quiet? A beautiful private pond surrounded by mature trees adds to the serene setting. Whether you’re looking for a private retreat, hobby farm, or simply room to roam, this property delivers the best of country living with the cosmetic and mechanical updates already done for you! Call today for a private showing!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

5/10
7/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Unimproved Land,Farm

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Water Softener,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Main
  • Dimensions: 13 x 13

Bedroom

  • Level: Main
  • Dimensions: 10 x 10

Bedroom

  • Level: Second
  • Dimensions: 13 x 11

Bedroom

  • Level: Second
  • Dimensions: 13 x 10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Family Room

  • Level: Main
  • Dimensions: 13 x 13

Features

  • Ceiling Fan(s),Kitchen/Family Room Combo,Remodeled,Walk-In Closet(s)
  • Window features: Wood Frames

Florida Room

  • Level: Main
  • Dimensions: 20 x 9

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,964
  • Total interior livable area: 1,964 sqft

Kitchen

  • Level: Main
  • Dimensions: 12 x 10

Living Room

  • Level: Main
  • Dimensions: 13 x 13

Other

  • Level: Second
  • Dimensions: 13 x 8

Other

  • Level: Basement
  • Dimensions: 17 x 13

Property

Details

  • Parcel number: D14733020000009000
  • Zoning: Agricultural
  • Zoning description: Agricultural

Features

  • Levels: One and One Half
  • Patio & porch: Patio,Porch
  • Exterior features: Porch,Patio

Lot

  • Lot size: 20.01 Acres
  • Features: Pond on Lot,Wooded
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage,One Car Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Lightning
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 $2,236$26,832
Home Insurance *$296$3,552
Property Taxes $361$4,332
Electricity $210$2,527
Total$3,103$37,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,388/yr
40% on housing$93,090/yr
45% on housing$82,746/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 45338$454
Preble County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 45338
Preble County$161

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
2026-05-01Listed for sale$482,294
2026-03-11Listing removed$494,900
2025-12-11Price change$494,900
2025-10-06Listed for sale$522,940

For Sale by Agent

AgentNoel C Morris
BrokerageeXp Realty

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