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5516 Lancaster Rd, Hebron, OH, 43025

5beds
4baths
1,534sqft
$1,649,000
$1,075price/sqft
$10,737/moest. monthly cost
$429,480/yrincome needed

About This Home

Equestrian estate like no other in Central Ohio-for any horse person, this property would be their dream! Styled after Wellington Florida equestrian properties-this expansive ranch home is impeccably finished with top quality materials with every detail completed to perfection. The primary suite was recently added and is situated from guest bedrooms for more privacy. All is situated on 13 gorgeous acres in Granville schools and features a 70 X 200 indoor dressage arena with GGT footing and irrigation, 6 oversized stalls with space in the original barn for 5 more stalls, multiple pastures and dry lots, equipment buildings for trailer storage & tennis court offers an ideal place for pickleball. The home has a large covered terrace looking out to the swim spa and pastures. The land itself is lovely with rolling pastures, woods with trails, ravine and pond just to mention a few. Located close to Infirmary Mound Park with horse trails. Conveniently located near Granville and easy access to freeways. NOTE SF AS NOTED ON COUNTY RECORDS DOES NOT REFLECT THE LARGE ADDITION ADDED A COUPLE OF YEARS AGO!!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

9/10
8/10
Granville Middle SchoolGrades 7-84.7 mi
9/10
Granville High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Purifier

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 4

Features

  • Window features: Insulated Windows
  • Flooring: Wood,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,534
  • Total interior livable area: 1,534 sqft

Property

Details

  • Parcel number: 07132653800.000

Features

  • Levels: One
  • Patio & porch: Patio
  • Fencing: Fenced
  • Waterfront features: Stream

Lot

  • Lot size: 13 Acres
  • Features: Pasture,Ravine Lot,Wooded

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached,Side Load,Farm Bldg
  • 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
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather
Drought
Heat Wave
Ice Storm

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 $8,338$100,056
Home Insurance *$599$7,188
Property Taxes $1,607$19,284
Electricity $193$2,320
Total$10,737$128,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$368,125/yr
40% on housing$322,110/yr
45% on housing$286,320/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

$1,075This listing

vs Other Active Listings

Avg $/sqft

ZIP 43025$187
Licking County$256

vs Homes Sold Last Month

Median $/sqft

ZIP 43025$179
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)

Price History

DateEventPrice
2026-07-10Price change$1,649,000
2026-06-01Listed for sale$1,800,000
2010-01-04Sold$162,000

For Sale by Agent

AgentJeffery W Ruff
BrokerageCutler Real Estate

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