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4190 Gratiot Rd SE, Newark, OH, 43056

1beds
1baths
820sqft
$159,888
$195price/sqft
$1,217/moest. monthly cost
$48,680/yrincome needed

About This Home

Discover a private slice of Licking County with this 5+ acre mostly wooded retreat in the Licking Valley School District. The property has a small stream on the property great for hunting and hiking. The property includes an old log cabin with additions that's ready for a full renovation or creative reimagining. There's an oversized2+ car detached garage with an insulated and heated workshop on the left side, perfect for hobbyists, mechanics, or extra storage, plus a large shed for added flexibility. Bring your vision and unlock the potential of this peaceful rural setting.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Cellar,Partial

Bedrooms & Bathrooms

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

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 820
  • Total interior livable area: 820 sqft

Property

Details

  • Parcel number: 02205965800.000

Features

  • Levels: One and One Half

Lot

  • Lot size: 5.27 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Landslide
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 $808$9,696
Home Insurance *$61$732
Property Taxes $155$1,860
Electricity $193$2,320
Total$1,217$14,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,725/yr
40% on housing$36,510/yr
45% on housing$32,453/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

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 43056$344
Licking County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 43056$175
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
2026-08-08Contingent$159,888
2026-07-24Listed for sale$159,888
2000-08-23Sold$45,000

For Sale by Agent

AgentMichael Augenstein
BrokerageHoward Hanna Real Estate Svcs

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