Property Description

AUCTION on Wednesday, April 8th at 5 PM. Price of $136,950 Reflects the County Appraised Value ONLY Not the Reserve or List Price. This property is being sold at auction, do not make offers to purchase prior to the sale based on this amount. Situated on 3.7 acres of level land less than a half mile from Black River High School, this country property offers a unique opportunity for someone looking to restore and add value. The two-story home, originally built around 1900, sits on a newer foundation, providing a solid starting point for renovation. The property has public water available, though the home currently has limited indoor plumbing, no indoor restroom, and no septic system installed. A generous-sized barn provides ample space for animals, storage, and an additional workshop makes it well suited for hobby farming, equipment storage, or a potential home-based business. With its level acreage, convenient location, and existing structures, this property presents an excellent opportunity for buyers willing to invest some work and creativity. With a little elbow grease, the next owner could build significant value and make this property their own.

286 County Road 40 | MLS# 5192351

This single family home located at 286 County Road 40, Sullivan, OH 44880 is currently listed for sale with an asking price of $136,950. This property was built in 1901 and has 4 bedrooms with 1678 sq. ft. County Road 40 is located within the Black River Local school district. Search Sullivan real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Cooling: None

Days on Market: 30

Fireplaces: 2

Garage: 1

Heating: Fireplace(s), Wood

Home Style: Conventional

Lot Size: 3.72 Acres

Roof Type: Aluminum

Stories: 2.0

Taxes: $1,678 / year

Year Built: 1901

Feature Descriptions

Exterior: Vinyl Siding

Fireplace: Wood Burning

Parcel#: M38-005-0-0004-12

Parking: Circular Driveway, Detached, Garage

Sewer: None

Utilities: Sewer Not Available

Water: Public

Local Schools

School District: Black River Local

Market Trends

Ashland County Residential Market Trend Graphs

Zip Code 44880

Source: Delta Media Group, Inc.

Demographics

Ashland County Demographic Information for 286 County Road 40, Sullivan, OH 44880

Fips

Fips Code 39005

Population

2020 to 2025 Change up 0.1%

2010 Count 53,139

2020 Count 52,447

2025 Estimate (V2025) 52,523

2020 Estimate (V2025) 52,437

Age Distribution (Years Old)

0 to 4 5.7%

5 to 17 22.8%

18 to 64 53.6%

65 and Older 17.9%

Gender

Male 49.6%

Female 50.4%

Place of Birth

Foreign 1.2%

US 98.8%

Education

High School Graduate, Age 25+ 91.4%

Bachelor's Degree or Higher, Age 25+ 22.6%

Computer and Internet use

Households with a computer 92.4%

Households with a broadband Internet subscription 88.0%

Language

English is Second Language, Age 5+ 5.4%

English is First Language, Age 5+ 94.6%

Veterans

Veterans 2,710

Income

Per Capita Income $33,219

Median Household Income $69,860

People in Poverty 11.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 22,361

Households 20,720

Average Household Size 2.45

Owner-Occupied 77.9%

Multi-Family 12.3%

Owner-Occupied Median Value $186,800

Median selected monthly owner costs -with a mortgage $1,217

Median selected monthly owner costs -without a mortgage $487

Median gross rent $888

Building Permits

New Private Housing Issued 2024 57

Years at Residence

1 Year or More 90.2%

Less Than 1 Year 9.8%

Business and Employment

Private non-farm Establishments 1,021

Private non-farm Employment 17,851

Private non-farm Employment Growth down 3.6%

Nonemployer Establishments 3,878

Number of Firms 0

Business Production

Value of Shipments $1,122,913,000

Wholesale Trade $301,766,000

Retail Trade $506,179,000

Retail Sales Per Capita $0

Accommodation and Food Services $76,949,000

Land

Land Area 422.95 sq. miles

Population Per Square Mile 126

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 875.88 per month $696.10 Principal & Interest $139.83 Property Tax $39.94 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/02/2026. The listing information on this page last changed on 05/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/02/2026 12:03:01 AM EST) or Dayton MLS (last updated Fri 05/01/2026 11:46:41 PM EST) or CBRMLS (last updated Sat 05/02/2026 12:00:06 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Fri 05/01/2026 11:53:34 PM EST) or NKY MLS (last updated Fri 05/01/2026 11:28:26 PM EST) or Wrist MLS (last updated Fri 05/01/2026 11:24:19 PM EST) or Firelands MLS (last updated Fri 05/01/2026 11:12:02 PM EST) or MLS NOW (last updated Sat 05/02/2026 12:02:34 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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