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0 Neil East Rd E, London, OH, 43140

--beds
0baths
--sqft
$1,300,000
--price/sqft
$8,404/moest. monthly cost
$336,160/yrincome needed

About This Home

Discover nearly 57 acres of prime land in Madison County offering a rare combination of open space, privacy, and future potential. Currently zoned agricultural, this expansive parcel presents an excellent opportunity for a custom home site, mini farm, or investment hold. With generous road frontage and level terrain, the property may offer potential for parcel splits or development opportunities (buyer to verify with county and township). Whether you're looking to build your dream home, expand your farming operation, or invest in land with long-term upside, this property delivers versatility and value. Conveniently located near London with easy access to surrounding areas, this is your chance to own a substantial piece of land in a growing region.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 1400054.001
  • Zoning description: agricultural
  • Special condition: Standard

Lot

  • Lot size: 56.85 Acres
  • Features: Split Possible

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

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $6,573$78,876
Home Insurance *$577$6,924
Property Taxes $1,061$12,732
Electricity $193$2,320
Total$8,404$100,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$288,137/yr
40% on housing$252,120/yr
45% on housing$224,106/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: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 43140$373
Madison County$326

vs Homes Sold Last Month

Median $/sqft

ZIP 43140$201
Madison County$199

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
2026-04-25Price change$1,300,000
2026-03-30Listed for sale$1,500,000

For Sale by Agent

AgentCher M Cruz
BrokerageCutler Real Estate

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