One Benefit of the Downturn
A castle for $135K -- the recent winning bid at auction. That's $22 per square foot.
This 6200 square foot house last sold for $160K, and that was in 1995. Amazing.
Sure, the house has some issues, but that is a sweet price for seven bedrooms located in a sleepy town just 12 miles outside the Columbus, Ohio beltway.
Comments (8)
Jonathan Finegold Catalán
Time to move. If only I could get a worthwhile price on a house here in San Diego (fortunately, the house was purchased before 2001).
Published: June 23, 2009 1:07 AM
Sovy Kurosei
That place would make a really nice Bed & Breakfast.
Published: June 23, 2009 6:33 AM
Matt R.
How did my relatives in Columbus miss this opportunity??? Oh, the possibilities.
Published: June 23, 2009 8:47 AM
whittaker
Is there a link for this? Where can we find out more?
Published: June 23, 2009 9:34 AM
Jim Fedako
whittaker,
Click the photo. It takes you to the auction site.
Published: June 23, 2009 9:50 AM
whittaker
OK, thanks.
Published: June 23, 2009 9:52 AM
michael olson
any idea on the property taxes for this 'castle'?
For 2800 and 1500 square feet on 3 1/2 acres my property taxes total $3,000 in ohio.
$6,000 square feet on an acre outside of columbus?
Published: June 23, 2009 12:55 PM
Jim Fedako
Michael Olson,
You can search for the property at www.co.delaware.oh.us. Go to the auditor's page and then real estate.
Since property taxes are based on the appraised value, and appraised values are bsed on arms-length transaction, I would bet the new taxes are around $2500.
Published: June 23, 2009 4:05 PM