3155 S State Route 48 Ludlow Falls, OH 45339
Estimated payment $5,122/month
Highlights
- Deck
- 1 Car Garage
- Bathroom on Main Level
- No HOA
- Porch
- Parking Storage or Cabinetry
About This Home
Residential / Business
Don’t miss this once-in-a-lifetime chance to own and operate your own business while living on-site! Situated on a beautifully manicured 10-acre property, this unique estate currently operates as a banquet hall—ideal for weddings and special events—with ample parking to accommodate large gatherings.
The charming residence offers approximately 2,000 square feet of living space, featuring 4 spacious bedrooms and 2.5 baths. The home showcases rich custom woodwork throughout, highlighting the craftsmanship and quality in every detail. Relax and unwind on the inviting wrap-around porch—perfect for quiet evenings or morning coffee.
The expansive outbuilding, fully remodeled in 2020, offers over 5,000 square feet of flexible entertaining space. Designed to impress, it includes professional-grade kitchen amenities, new 2x8 exterior walls for durability, and multiple HVAC systems for year-round comfort. As an added bonus, all items shown in the photos will remain with the property—ready for immediate use.
Whether you're looking to host events, expand your portfolio, or embrace a peaceful live/work lifestyle, this turnkey property delivers it all.
Zoning: A2 General Agriculture
Home:
2 story historic home, offers 4 bedrooms 2 1/2 baths, with attached 1 car garage with large storage room.
detached 16 x 20 garage, large dining room, large living room, primary bedroom on the main floor with its own private bath. 3 bedrooms on 2nd floor. Utilities are on well and septic
Outbuilding:
Over 5100 sq ft currently used and Coopers Banquet and Catering Hall, exceptionally maintained inside and out, replaced 2x8 walls in 2000 with all new drywall, insulation, electrical, kitchen set up for a chef, lots of coolers, refrigeration units, freezing units, prep areas, storage areas, men's and women's restroom, wet bar, dance floor, all chattel included, professional staged and set up as a wedding venue banquet hall. Supplied by city water.
Listing Agent
RE/MAX Alliance Realty Brokerage Phone: 937-470-1111 License #0000347520 Listed on: 06/11/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,713
Year Built
- 1878
Lot Details
- 10 Acre Lot
- Zoning described as Agricultural
Parking
- 1 Car Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Wood Siding
- Vinyl Siding
- Asphalt
Interior Spaces
- 7,158 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Vinyl Clad Windows
- Basement Cellar
Kitchen
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Baseboard Heating
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number L32050300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $4,713 | $140,320 | $29,820 | $110,500 |
2023 | $8,569 | $140,320 | $29,820 | $110,500 |
2022 | $8,552 | $140,320 | $29,820 | $110,500 |
2021 | $8,530 | $137,450 | $29,820 | $107,630 |
2020 | $8,484 | $137,450 | $29,820 | $107,630 |
2019 | $8,788 | $137,450 | $29,820 | $107,630 |
2018 | $7,894 | $129,400 | $24,710 | $104,690 |
2017 | $7,957 | $129,400 | $24,710 | $104,690 |
2016 | $7,764 | $129,400 | $24,710 | $104,690 |
2015 | $8,244 | $129,400 | $24,710 | $104,690 |
2014 | $8,244 | $129,400 | $24,710 | $104,690 |
2013 | $8,785 | $149,480 | $44,790 | $104,690 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/03/2025 09/03/25 | Pending | -- | -- | -- |
06/11/2025 06/11/25 | For Sale | $887,500 | -- | $124 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $140,000 | -- |
Source: Dayton REALTORS®
MLS Number: 936273

APN: L32050300
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