Tuesday, November 10, 2026

Ohio Farmhouse on 8.83 Acres at Auction – 3 Bedrooms, Pole Barn, Wooded Land and Rural Living Near Fresno

Ohio Farmhouse on 8.83 Acres at Auction – 3 Bedrooms, Pole Barn, Wooded Land and Rural Living Near Fresno

For buyers searching for an Ohio farmhouse with acreage, a rural home surrounded by woods and pasture can offer an appealing alternative to conventional suburban housing.

Properties that combine an existing residence, usable outbuildings, agricultural space, and recreational land may attract a wide range of buyers, including those interested in country living, hobby farming, livestock, hunting, or long-term rural property ownership.

One such offering is located at 54889 Township Road 88, Fresno, OH 43824.

Situated in the hills of northeastern Coshocton County, just outside the Pearl area, this property includes a three-bedroom, one-bathroom farmhouse built in 1889 and approximately 8.833 acres of land.

The listing describes a home with 1,992 square feet across its first two floors, along with several reported updates, including newer flooring, replacement windows in much of the upstairs area, fresh paint, and some new trim.

A 24-by-32-foot pole building with concrete floors and an eight-foot overhang adds practical space for equipment, storage, or other permitted uses.

The land reportedly includes approximately 1,193 feet of frontage and a mixture of wooded and pasture areas.

Utilities are another distinctive feature. The seller reports a new private spring water system with a 1,500-gallon holding tank, a private septic system, 200-amp electrical service, and free natural gas to the home under the terms of an existing lease.

The property is scheduled for an onsite live auction on Wednesday, December 2, 2026, at 4:00 PM.

Although Zillow displays an estimated price of $1, this is an auction listing, and the amount should not be interpreted as the actual asking price or final sale value.

This article explores the home’s reported features, acreage, outbuilding, utility arrangements, potential recreational and agricultural uses, financing considerations, insurance questions, and the due diligence buyers should complete before bidding.

Table of Contents
  1. Property Overview: 54889 Township Road 88, Fresno, Ohio
  2. Key Property Details
  3. Understanding the Estimated $1 Auction Price
  4. Is the Property Really Available for $1?
  5. Why Auction Listings Sometimes Display Nominal Prices
  6. What Determines the Final Price?
  7. Additional Auction Expenses
  8. Official Terms
  9. December 2, 2026 Onsite Live Auction
  10. Auction Location
  11. Auction Company
  12. Listing Agents
  13. Registration
  14. Deposit Requirements
  15. Closing Timeline
  16. Schedule Verification
  17. A Historic Farmhouse Built in 1889
  18. Traditional Rural Character
  19. Two-Story Design
  20. Existing Improvements
  21. Age-Related Considerations
  22. Professional Inspection
  23. Approximately 1,992 Square Feet Across Two Floors
  24. Important Measurement Detail
  25. Living Space
  26. Verification
  27. Renovation Planning
  28. Appraisal Considerations
  29. Three Bedrooms for Country Living
  30. Household Flexibility
  31. Guest Room
  32. Home Office
  33. Storage
  34. Room Dimensions
  35. One Full Bathroom
  36. Main-Level Location
  37. Plumbing Inspection
  38. Water System
  39. Potential Improvements
  40. Maintenance
  41. Newer Flooring Throughout
  42. Updated Appearance
  43. Material Type
  44. Installation Quality
  45. Subfloor Condition
  46. Future Maintenance
  47. Replacement Windows Upstairs
  48. Potential Benefits
  49. Partial Replacement
  50. Remaining Windows
  51. Inspection
  52. Energy Efficiency
  53. Fresh Paint and Some New Trim
  54. Interior Appearance
  55. Trim Details
  56. Underlying Conditions
  57. Inspection
  58. Renovation Planning
  59. Included Appliances
  60. Kitchen Appliances
  61. Laundry Equipment
  62. Operational Condition
  63. Purchase Agreement
  64. Replacement Costs
  65. Main-Level Laundry
  66. Everyday Convenience
  67. Appliance Connections
  68. Ventilation
  69. Utility Considerations
  70. Forced-Air Gas Heating
  71. Heating System
  72. Gas Source
  73. Equipment Condition
  74. Efficiency
  75. Future Costs
  76. Free Gas to the Home: Understanding the Lease Terms
  77. Potential Financial Benefit
  78. Not an Unlimited Guarantee
  79. Lease Review
  80. Transferability
  81. Usage Limits
  82. Professional Guidance
  83. New Private Spring Water System
  84. Rural Water Supply
  85. System Components
  86. Water Quality
  87. Seasonal Reliability
  88. Legal Rights
  89. 1,500-Gallon Holding Tank
  90. Storage Capacity
  91. System Design
  92. Inspection
  93. Maintenance
  94. Reliability
  95. Private Septic System
  96. Septic Inspection
  97. Maintenance Records
  98. Drainfield
  99. System Capacity
  100. Replacement Costs
  101. Reported 200-Amp Electrical Service
  102. Electrical Capacity
  103. Inspection
  104. Older Wiring
  105. Outbuilding Power
  106. Safety
  107. No Cooling System Reported
  108. Summer Comfort
  109. Potential Installation
  110. Insulation
  111. Cost Planning
  112. Stone and Block Foundation
  113. Historic Construction
  114. Inspection Priorities
  115. Structural Support
  116. Repair Costs
  117. Preventive Maintenance
  118. Aluminum Siding and Asphalt-Fiberglass Roof
  119. Exterior Siding
  120. Roof Condition
  121. Inspection
  122. Maintenance
  123. Insurance
  124. Front Porch and Rural Views
  125. Outdoor Relaxation
  126. Traditional Appearance
  127. Structural Inspection
  128. Landscape Views
  129. Seasonal Changes
  130. Approximately 8.833 Acres of Land
  131. Acreage in Square Feet
  132. Outdoor Space
  133. Mixed Terrain
  134. Land Management
  135. Survey Verification
  136. Approximately 1,193 Feet of Frontage
  137. Access Considerations
  138. Road Relationship
  139. Driveway Access
  140. Future Improvements
  141. Survey
  142. Wooded Acreage and Hunting Potential
  143. Wooded Habitat
  144. Hunting Opportunities
  145. Wildlife Presence
  146. Property Boundaries
  147. Land Management
  148. Pasture Land and Livestock Possibilities
  149. Pasture Areas
  150. Fencing
  151. Animal Care
  152. Zoning
  153. Carrying Capacity
  154. Hobby Farming Potential
  155. Small-Scale Agriculture
  156. Equipment Storage
  157. Water Supply
  158. Soil Quality
  159. Permits and Restrictions
  160. 24-by-32-Foot Pole Building
  161. Building Dimensions
  162. Approximate Footprint
  163. Concrete Floors
  164. Potential Uses
  165. Structural Inspection
  166. Eight-Foot Overhang on the Pole Building
  167. Covered Exterior Area
  168. Storage Possibilities
  169. Dimensions
  170. Condition
  171. Permitted Uses
  172. Rural Location Near Pearl and Fresno
  173. Country Setting
  174. Outdoor Lifestyle
  175. Access to Services
  176. Road Conditions
  177. Local Research
  178. Homeowners Insurance for a Historic Rural Property
  179. Dwelling Coverage
  180. Older Construction
  181. Outbuilding Coverage
  182. Heating System
  183. Liability
  184. Insurance Quotes
  185. Financing an Ohio Farmhouse at Auction
  186. Mortgage Eligibility
  187. Older Home Considerations
  188. Rural Property Loans
  189. Down Payment
  190. Auction Deadlines
  191. Preapproval
  192. Understanding the $171,910 Tax-Assessed Value
  193. Assessment Versus Sale Price
  194. Auction Outcome
  195. Property Condition
  196. Verification
  197. Annual Property Taxes of Approximately $2,170
  198. Monthly Equivalent
  199. Future Changes
  200. Agricultural Use
  201. Official Records
  202. Could This Property Be a Real Estate Investment?
  203. Primary Residence
  204. Agricultural Use
  205. Recreational Ownership
  206. Renovation
  207. Holding Costs
  208. No Guaranteed Return
  209. Estimating the Total Cost of Ownership
  210. Potential Expenses
  211. Why Planning Matters
  212. Written Estimates
  213. Important Questions Before Bidding
  214. Frequently Asked Questions
  215. Where is the property located?
  216. How much land is included?
  217. How many bedrooms does the home have?
  218. How many bathrooms are there?
  219. When was the home built?
  220. How large is the home?
  221. Does the property include a pole building?
  222. Is there wooded land?
  223. Could the property be used for hunting?
  224. Is livestock permitted?
  225. What is the water source?
  226. Does the home have a septic system?
  227. Does the home receive free gas?
  228. Does the home have air conditioning?
  229. Are appliances included?
  230. Is the property really priced at $1?
  231. When is the auction?
  232. What are the annual property taxes?
  233. Final Thoughts: A Historic Ohio Farmhouse With Acreage and Rural Possibilities
  234. Final Property Summary

Property Overview: 54889 Township Road 88, Fresno, Ohio

The property is located in northeastern Coshocton County, near Pearl and within the Fresno postal area.

It is marketed as a rural single-family residence with acreage.

Key Property Details

  • Address: 54889 Township Road 88, Fresno, OH 43824
  • Property Type: Single-Family Residence
  • Architectural Style: Conventional
  • Year Built: 1889
  • Bedrooms: 3
  • Bathrooms: 1 Full Bathroom
  • Reported Home Area: 1,992 Square Feet Across the First Two Floors
  • Stories: 2
  • Lot Size: Approximately 8.833 Acres
  • Reported Frontage: Approximately 1,193 Feet
  • Land Features: Woods, Pasture, Level Areas and Views
  • Pole Building: 24 × 32 Feet
  • Pole Building Overhang: 8 Feet
  • Pole Building Flooring: Concrete
  • Heating: Forced Air, Gas
  • Cooling: None Reported
  • Water: Private Spring and Holding Tank
  • Holding Tank Capacity: 1,500 Gallons
  • Sewer: Private Septic
  • Electrical Service: 200 Amp Reported
  • Exterior: Aluminum Siding
  • Roof: Asphalt and Fiberglass
  • Foundation: Stone and Block
  • Laundry: Main Level
  • Porch: Front Porch
  • Parking: Driveway and Detached Garage/Outbuilding
  • Annual Property Taxes: Approximately $2,170
  • Tax-Assessed Value: $171,910
  • Auction Date: December 2, 2026
  • Auction Time: 4:00 PM
  • MLS Number: 5257984

All information is based on the supplied listing and should be verified before purchase.

Understanding the Estimated $1 Auction Price

One of the first details buyers may notice is the estimated $1 price displayed on Zillow.

For a farmhouse with nearly nine acres and a large pole building, this figure may appear unusually low.

However, the property is being marketed through a real estate auction.

Is the Property Really Available for $1?

The supplied information does not establish a $1 purchase price.

The displayed amount should not be interpreted as a confirmed asking price, opening bid, minimum bid, or guaranteed sale amount.

Why Auction Listings Sometimes Display Nominal Prices

Certain real estate platforms use placeholder figures when a property does not have a conventional fixed asking price.

What Determines the Final Price?

The actual sale amount may depend on bidding competition, property condition, financing requirements, and the auction terms.

Additional Auction Expenses

Buyers should investigate whether a buyer’s premium, deposit, closing costs, or other charges apply.

Official Terms

The auction company should provide the complete bidding and purchase requirements.

December 2, 2026 Onsite Live Auction

The property is advertised for an onsite live auction on Wednesday, December 2, 2026, at 4:00 PM.

Auction Location

The advertisement describes an onsite auction associated with the property.

Auction Company

Kaufman Realty & Auction, LLC is identified in the listing.

Listing Agents

Jamie H Miller and Joseph Yoder are named in the supplied information.

Registration

Buyers should verify whether advance registration or identification is required.

Deposit Requirements

The listing excerpt does not specify the required deposit.

Closing Timeline

Auction transactions can involve strict deadlines for payment and closing.

Schedule Verification

Interested buyers should confirm the date, time, location, and official terms directly with the auction company.

A Historic Farmhouse Built in 1889

The residence was originally constructed in 1889.

That makes it a considerably older property than many homes currently available in the market.

Traditional Rural Character

Older farmhouses can offer distinctive layouts and architectural features.

Two-Story Design

The structured listing identifies two stories.

Existing Improvements

The seller reports updates to flooring, windows, paint, and trim.

A home built in 1889 may require careful inspection of its foundation, electrical systems, plumbing, roofing, insulation, and structural components.

Professional Inspection

A qualified home inspector and any necessary specialists should evaluate the residence before bidding.

Approximately 1,992 Square Feet Across Two Floors

The seller’s description identifies approximately 1,992 square feet on the first two floors.

Important Measurement Detail

The structured Zillow field does not provide a completed square-footage figure.

The 1,992-square-foot amount comes from the narrative description.

Living Space

The reported area may provide room for a variety of household needs.

Verification

Buyers should confirm the square footage and determine whether all reported space is finished, heated, and legally recognized as living area.

Renovation Planning

Accurate measurements are important when budgeting for flooring, painting, heating, and other improvements.

Appraisal Considerations

A professional appraisal may use different measurement standards.

Three Bedrooms for Country Living

The farmhouse includes three reported bedrooms.

Household Flexibility

Three bedrooms may accommodate different household arrangements.

Guest Room

An additional bedroom may be useful for visitors.

Home Office

A room could potentially serve as an office or study.

Storage

Extra rooms can provide space for household storage.

Room Dimensions

The supplied listing does not provide individual bedroom measurements.

One Full Bathroom

The home is listed with one full bathroom.

Main-Level Location

The structured listing identifies the bathroom as being on the main level.

Plumbing Inspection

Buyers should check fixtures, drains, water pressure, and supply lines.

Water System

Because the home uses a private spring and holding tank, water availability and quality are important considerations.

Potential Improvements

Any bathroom remodeling should be evaluated against the home’s existing plumbing system.

Maintenance

Older plumbing components may require repair or replacement.

Newer Flooring Throughout

The seller highlights newer flooring throughout the home.

Updated Appearance

Flooring improvements may contribute to a refreshed interior.

Material Type

The supplied information does not identify the exact flooring materials used in every room.

Installation Quality

Buyers should inspect the flooring for uneven areas, movement, moisture, and wear.

Subfloor Condition

In older homes, the condition of the underlying floor structure is particularly important.

Future Maintenance

Flooring durability depends on materials, installation, and household use.

Replacement Windows Upstairs

The listing states that most upstairs windows have been replaced.

Potential Benefits

Updated windows may improve comfort and reduce drafts, depending on their condition.

Partial Replacement

The wording indicates that not every upstairs window was necessarily replaced.

Remaining Windows

The structured listing references aluminum and wood window frames.

Inspection

Buyers should check window operation, seals, glazing, and signs of moisture.

Energy Efficiency

Actual efficiency depends on the window specifications and installation quality.

Fresh Paint and Some New Trim

Additional improvements include paint and some new trim.

Interior Appearance

Cosmetic updates may make the home feel more refreshed.

Trim Details

New trim can improve the appearance of certain rooms.

Underlying Conditions

Cosmetic improvements do not establish that structural or mechanical systems have been updated.

Inspection

Buyers should investigate any signs of concealed moisture or deterioration.

Renovation Planning

Additional updates may still be desirable depending on the buyer’s goals.

Included Appliances

The seller states that appliances will transfer with the property.

The structured listing identifies a dryer, range, refrigerator, and washer.

Kitchen Appliances

The range and refrigerator are included in the reported appliance list.

Laundry Equipment

A washer and dryer are also listed.

Operational Condition

Buyers should confirm whether the appliances function properly.

Purchase Agreement

The final purchase documents should clearly identify included personal property.

Replacement Costs

Buyers should budget for repairs or replacement if necessary.

Main-Level Laundry

The home includes laundry facilities on the main level.

Everyday Convenience

Main-level laundry may reduce the need to carry clothing between floors.

Appliance Connections

Water supply, drainage, and electrical connections should be inspected.

Ventilation

Dryer venting should be evaluated for safety.

Utility Considerations

The private water system should be assessed for adequate household capacity.

Forced-Air Gas Heating

The structured listing identifies forced-air gas heating.

Heating System

A forced-air system distributes heated air through the home.

Gas Source

The seller reports free gas to the residence under the terms of an existing lease.

Equipment Condition

The furnace and related components should be professionally inspected.

Efficiency

Heating performance depends on equipment age, insulation, and maintenance.

Future Costs

Buyers should investigate what happens if the gas arrangement changes or terminates.

Free Gas to the Home: Understanding the Lease Terms

One of the property’s most distinctive reported features is the gas arrangement.

The seller states that the home receives free gas according to the terms of a lease.

Potential Financial Benefit

A qualifying gas arrangement may reduce certain heating expenses.

Not an Unlimited Guarantee

The listing does not establish unlimited gas use or permanent free service.

Lease Review

Buyers should obtain the complete gas lease and any related agreements.

Transferability

It is essential to determine whether the benefit transfers to a new owner.

Usage Limits

The agreement may contain conditions, limits, or responsibilities.

Professional Guidance

An attorney familiar with real estate and energy agreements should review the documents.

New Private Spring Water System

The seller reports a new private spring water system.

Rural Water Supply

Some rural properties rely on springs rather than municipal water connections.

System Components

The listing references a holding tank associated with the spring.

Water Quality

A private water supply should be tested for appropriate health and safety parameters.

Seasonal Reliability

Spring output can vary with weather and environmental conditions.

Buyers should verify water rights, access, and any easements affecting the spring.

1,500-Gallon Holding Tank

The water system reportedly includes a 1,500-gallon holding tank.

Storage Capacity

The tank may provide water storage for household use.

System Design

The listing does not explain the complete plumbing, filtration, pumping, or treatment arrangement.

Inspection

A qualified professional should evaluate the tank and associated equipment.

Maintenance

Private water systems may require periodic cleaning, testing, and repairs.

Reliability

Buyers should investigate whether the system provides sufficient water throughout the year.

Private Septic System

The property uses a private septic system.

Septic Inspection

A professional septic evaluation is an important part of rural property due diligence.

Maintenance Records

Buyers should request available pumping and service records.

Drainfield

The location and condition of the drainfield should be verified.

System Capacity

The septic system should be suitable for the intended household use.

Replacement Costs

Major septic repairs can be expensive.

Reported 200-Amp Electrical Service

The seller identifies 200-amp electrical service.

Electrical Capacity

A 200-amp service may be useful for a modern household, depending on actual loads and installation condition.

Inspection

Buyers should verify the service rating and inspect the electrical panel.

Older Wiring

Because the home was built in 1889, the age and condition of interior wiring should be evaluated.

Outbuilding Power

The listing does not establish the electrical capacity or connections available at the pole building.

Safety

A licensed electrician should evaluate any concerns.

No Cooling System Reported

The structured listing identifies no cooling system.

Summer Comfort

Buyers should consider cooling needs during warmer months.

Potential Installation

Air conditioning may be possible, depending on the home’s heating equipment and electrical infrastructure.

Insulation

Older homes may benefit from an energy-efficiency assessment.

Cost Planning

Cooling installation or upgrades should be included in any improvement budget.

Stone and Block Foundation

The listing identifies a foundation constructed from stone and block.

Historic Construction

Older foundations may use materials and techniques different from modern concrete systems.

Inspection Priorities

Buyers should investigate cracks, movement, moisture intrusion, and drainage.

Structural Support

A qualified professional should evaluate any concerns about foundation stability.

Repair Costs

Foundation work can be a significant expense.

Preventive Maintenance

Proper drainage and water management can help protect foundation materials.

Aluminum Siding and Asphalt-Fiberglass Roof

The home is listed with aluminum siding and an asphalt-fiberglass roof.

Exterior Siding

Aluminum siding can provide exterior protection when properly maintained.

Roof Condition

The listing does not establish the roof’s age.

Inspection

Buyers should evaluate shingles, flashing, gutters, and signs of leaks.

Maintenance

Exterior repairs may be needed depending on condition.

Insurance

Roof age and structural condition may influence insurance eligibility.

Front Porch and Rural Views

The property includes a front porch and reported views of pasture and wooded areas.

Outdoor Relaxation

A porch may provide a place to enjoy the surrounding landscape.

Traditional Appearance

A front porch can complement the character of an older farmhouse.

Structural Inspection

Supports, flooring, steps, and railings should be checked.

Landscape Views

The listing identifies views of pasture and trees.

Seasonal Changes

The appearance of wooded and pasture areas can vary throughout the year.

Approximately 8.833 Acres of Land

The property includes approximately 8.833 acres.

Acreage in Square Feet

At 43,560 square feet per acre, 8.833 acres is equivalent to approximately 384,765 square feet.

Outdoor Space

The acreage may provide room for permitted recreational or agricultural activities.

Mixed Terrain

The seller describes a combination of woods and pasture.

Land Management

Owners may need to maintain trails, fences, vegetation, and drainage.

Survey Verification

The exact acreage and boundaries should be confirmed through a survey.

Approximately 1,193 Feet of Frontage

The listing reports approximately 1,193 feet of frontage.

Access Considerations

Frontage can be important for property access and land-use planning.

Road Relationship

Buyers should verify the exact location and legal nature of the frontage.

Driveway Access

The property is listed with driveway parking.

Future Improvements

Additional entrances or changes to access may require permits.

Survey

A current survey can clarify boundaries and access rights.

Wooded Acreage and Hunting Potential

The seller highlights hunting as a possible use.

Wooded Habitat

Trees and natural cover may provide habitat for wildlife.

Hunting Opportunities

Any hunting activity must comply with applicable Ohio laws and safety requirements.

Wildlife Presence

The listing does not document specific wildlife populations or hunting success.

Property Boundaries

Hunters should verify boundaries and respect neighboring land.

Land Management

Responsible habitat management may be important for recreational use.

Pasture Land and Livestock Possibilities

The advertisement also mentions livestock as a possible use.

Pasture Areas

Open ground may be useful for certain agricultural activities.

Fencing

The listing identifies partial fencing.

Animal Care

Livestock ownership requires appropriate shelter, water, feed, and veterinary care.

Zoning

Permitted animal uses should be verified with local authorities.

Carrying Capacity

The number and type of animals a property can support depend on pasture quality and management.

Hobby Farming Potential

The combination of a residence, pole building, pasture, and wooded acreage may interest hobby farmers.

Small-Scale Agriculture

Some buyers may investigate gardening or other permitted agricultural activities.

Equipment Storage

The pole building could potentially accommodate tools and equipment.

Water Supply

The private spring system should be evaluated for any proposed agricultural use.

Soil Quality

Soil testing can help determine suitability for particular crops.

Permits and Restrictions

Agricultural activities must comply with applicable laws and property restrictions.

24-by-32-Foot Pole Building

One of the most practical features is the reported pole building.

Building Dimensions

The structure measures approximately 24 × 32 feet.

Approximate Footprint

These dimensions indicate a main footprint of approximately 768 square feet.

Concrete Floors

The listing states that the building has concrete floors.

Potential Uses

Subject to condition and applicable rules, it may be useful for equipment, tools, or storage.

Structural Inspection

Buyers should inspect the building’s framing, roof, doors, and foundation.

Eight-Foot Overhang on the Pole Building

The pole building also includes an eight-foot overhang.

Covered Exterior Area

An overhang may provide additional shelter adjacent to the main building.

Storage Possibilities

It could potentially protect certain equipment or materials from direct exposure.

Dimensions

The supplied listing does not establish the length or total covered area of the overhang.

Condition

Supports and roofing should be inspected.

Permitted Uses

Any specialized use should comply with local requirements.

Rural Location Near Pearl and Fresno

The property is described as being in the hills of northeastern Coshocton County, just outside Pearl.

Country Setting

The location may appeal to buyers seeking a quieter environment.

Outdoor Lifestyle

The wooded and pasture areas support the property’s rural character.

Access to Services

Buyers should research driving distances to shopping, healthcare, schools, and other necessities.

Road Conditions

Seasonal weather may affect rural travel.

Local Research

Prospective owners should investigate the surrounding area and nearby land uses.

Homeowners Insurance for a Historic Rural Property

Insurance is an important consideration for a home built in 1889.

Dwelling Coverage

A homeowners policy may cover certain insured losses.

Older Construction

Insurers may consider the home’s age, condition, and building materials.

Outbuilding Coverage

The pole building may require specific coverage.

Heating System

The gas arrangement and heating equipment should be disclosed accurately.

Liability

Acreage, livestock, hunting, and other activities may affect coverage needs.

Insurance Quotes

Buyers should obtain appropriate quotes before bidding.

Financing an Ohio Farmhouse at Auction

Auction financing can differ from a conventional home purchase.

Mortgage Eligibility

Lenders may evaluate property condition, appraisal, and utility systems.

Older Home Considerations

A home built in 1889 may require additional inspection or repair documentation.

Rural Property Loans

Some lenders offer financing for eligible rural residential properties.

Down Payment

Required equity depends on the financing program and borrower qualifications.

Auction Deadlines

The official auction terms may impose strict closing requirements.

Preapproval

Buyers should discuss the property with lenders before bidding.

Understanding the $171,910 Tax-Assessed Value

The listing reports a tax-assessed value of $171,910.

Assessment Versus Sale Price

A tax assessment is not the same as an asking price or professional appraisal.

Auction Outcome

The winning bid may differ from the assessed value.

Property Condition

Current condition is an important factor in determining market value.

Verification

Buyers should review official county records.

Annual Property Taxes of Approximately $2,170

The listing reports annual property taxes of approximately $2,170.

Monthly Equivalent

Dividing $2,170 by twelve gives approximately $180.83 per month.

This is a budgeting calculation rather than the actual tax payment schedule.

Future Changes

Taxes may change following reassessment or property improvements.

Agricultural Use

Any potential tax treatment related to agricultural use should be verified.

Official Records

Buyers should confirm current tax obligations before purchase.

Could This Property Be a Real Estate Investment?

The property may interest buyers evaluating rural real estate investment opportunities.

Primary Residence

A buyer may consider the home for personal use, subject to condition and financing.

Agricultural Use

Permitted agricultural activities may influence the property’s utility.

Recreational Ownership

The wooded acreage may appeal to buyers interested in outdoor recreation.

Renovation

Some buyers may investigate additional improvements.

Holding Costs

Taxes, insurance, maintenance, and utilities can affect ownership expenses.

No Guaranteed Return

The listing does not establish rental income, investment profit, or future appreciation.

Estimating the Total Cost of Ownership

The final auction price is only part of the financial commitment.

Potential Expenses

  • Winning auction bid
  • Any applicable buyer’s premium
  • Deposit
  • Closing costs
  • Title examination
  • Survey
  • Home inspection
  • Foundation inspection
  • Roof inspection
  • Electrical inspection
  • Septic inspection
  • Spring water system evaluation
  • Water-quality testing
  • Gas lease legal review
  • Pole building inspection
  • Insurance
  • Property taxes
  • Heating system maintenance
  • Landscaping
  • Pasture management
  • Fencing repairs
  • Equipment maintenance
  • Renovation expenses
  • Emergency reserve

Why Planning Matters

Older rural properties can have expenses that are not immediately visible.

Written Estimates

Buyers should obtain professional estimates for major repairs and improvements.

Important Questions Before Bidding

Prospective buyers should investigate the following:

  1. What are the official auction terms?
  2. Is there a buyer’s premium?
  3. What deposit is required?
  4. What is the closing deadline?
  5. Are inspections permitted before bidding?
  6. Is the reported 1,992-square-foot area accurate?
  7. What is the condition of the stone and block foundation?
  8. How old is the roof?
  9. Are there any structural issues?
  10. What is the condition of the electrical wiring?
  11. Is the reported 200-amp service properly installed?
  12. Is the heating system operational?
  13. What are the exact terms of the free-gas lease?
  14. Does the gas benefit transfer to the new owner?
  15. Are there usage limits or service obligations?
  16. What is the source and condition of the spring water system?
  17. Is the water safe for drinking?
  18. Is the 1,500-gallon holding tank functioning properly?
  19. Is the septic system in good condition?
  20. When was the septic system last serviced?
  21. What is the condition of the pole building?
  22. Are the concrete floors and overhang structurally sound?
  23. What is the exact acreage?
  24. Is a current survey available?
  25. Is the reported frontage accurate?
  26. Are there any easements or deed restrictions?
  27. Are livestock and hobby farming permitted?
  28. Are hunting rights subject to any restrictions?
  29. What are the current property taxes?
  30. What is the realistic total cost of purchase, maintenance, and improvements?

These questions can help buyers evaluate the property’s legal, physical, and financial characteristics.

Frequently Asked Questions

Where is the property located?

The property is located at 54889 Township Road 88, Fresno, OH 43824, near Pearl in northeastern Coshocton County.

How much land is included?

Approximately 8.833 acres.

How many bedrooms does the home have?

Three bedrooms.

How many bathrooms are there?

One full bathroom.

When was the home built?

The listing reports 1889.

How large is the home?

The seller describes approximately 1,992 square feet across the first two floors. Buyers should verify this measurement.

Does the property include a pole building?

Yes. A 24-by-32-foot pole building with concrete floors and an eight-foot overhang is reported.

Is there wooded land?

Yes. The acreage is described as a combination of woods and pasture.

Could the property be used for hunting?

The seller identifies hunting as a possible use, subject to applicable laws and property restrictions.

Is livestock permitted?

The seller mentions livestock as a possible use, but buyers should verify local requirements and the land’s suitability.

What is the water source?

A private spring system with a reported 1,500-gallon holding tank.

Does the home have a septic system?

Yes. A private septic system is reported.

Does the home receive free gas?

The seller reports free gas under the terms of an existing lease. The exact rights and transferability must be verified.

Does the home have air conditioning?

No cooling system is reported.

Are appliances included?

The listing identifies a washer, dryer, range, and refrigerator.

Is the property really priced at $1?

No verified $1 purchase price is established. The property is being sold at auction.

When is the auction?

Wednesday, December 2, 2026, at 4:00 PM.

What are the annual property taxes?

Approximately $2,170, according to the listing.

Final Thoughts: A Historic Ohio Farmhouse With Acreage and Rural Possibilities

The property at 54889 Township Road 88 near Fresno, Ohio, combines a historic farmhouse with nearly nine acres of rural land.

Built in 1889, the residence offers three bedrooms, one bathroom, and approximately 1,992 square feet across its first two floors, according to the seller’s description.

Reported improvements include newer flooring, replacement upstairs windows, paint, and some new trim.

The 24-by-32-foot pole building, wooded areas, pasture, and extensive reported frontage add to the property’s appeal.

The private spring system, septic tank, 200-amp electrical service, and gas lease arrangement are important features that deserve careful verification.

The property is scheduled for an onsite live auction on December 2, 2026, at 4:00 PM.

Although the listing displays an estimated price of $1, buyers should not confuse that nominal amount with the actual purchase price.

For buyers interested in a rural residence, hobby farming, livestock, outdoor recreation, or a long-term landholding, this property may warrant further investigation.

The best decision will depend on the auction terms, building condition, water reliability, gas lease rights, land restrictions, and realistic ownership costs.

Final Property Summary

Address: 54889 Township Road 88, Fresno, OH 43824

Location: Northeastern Coshocton County, Near Pearl

Property Type: Single-Family Residence

Architectural Style: Conventional

Year Built: 1889

Bedrooms: 3

Bathrooms: 1 Full Bathroom

Reported Home Area: 1,992 Square Feet Across the First Two Floors

Stories: 2

Lot Size: Approximately 8.833 Acres

Reported Frontage: Approximately 1,193 Feet

Land Features: Wooded Areas, Pasture, Level Ground and Views

Pole Building: 24 × 32 Feet

Pole Building Overhang: 8 Feet

Pole Building Floor: Concrete

Exterior: Aluminum Siding

Roof: Asphalt / Fiberglass

Foundation: Stone and Block

Heating: Forced Air, Gas

Cooling: None Reported

Water: Private Spring With 1,500-Gallon Holding Tank

Sewer: Private Septic

Electrical Service: 200 Amp Reported

Gas Arrangement: Free Gas Under Lease Terms, Subject to Verification

Laundry: Main Level

Included Appliances: Dryer, Range, Refrigerator, Washer

Porch: Front Porch

Parking: Driveway and Detached Garage/Outbuilding

Fencing: Partial

HOA: None Reported

Annual Property Taxes: Approximately $2,170

Tax-Assessed Value: $171,910

Displayed Price: Est. $1 — Auction Listing, Not a Verified Purchase Price

Auction Date: Wednesday, December 2, 2026

Auction Time: 4:00 PM

Auction Format: Onsite Live Auction

Listing Agents: Jamie H Miller and Joseph Yoder

Brokerage: Kaufman Realty & Auction, LLC

MLS Number: 5257984

Disclaimer: This article is based on the supplied real estate listing and is intended for informational purposes only. The displayed estimated price of $1 is not a verified asking price, minimum bid, or final sale amount. The property is advertised for an onsite live auction on December 2, 2026, and buyers should confirm the official auction schedule, bidding requirements, deposit, closing terms, and any applicable fees. The reported 1,992-square-foot home area, 8.833-acre lot size, frontage, utility systems, pole building condition, and property taxes have not been independently verified. The advertised free-gas arrangement is subject to the terms of an existing lease and should not be assumed permanent, unlimited, or automatically transferable. Buyers should investigate the condition and legal status of the private spring, holding tank, septic system, electrical service, foundation, roof, and all outbuildings. Hunting, livestock, hobby farming, and future improvements are subject to applicable laws, zoning, easements, and property restrictions. No investment return, rental income, or future appreciation is guaranteed. Prospective buyers should consult qualified real estate, legal, surveying, water-system, septic, construction, insurance, and financial professionals before purchasing.

 

 

Listed on Zillow.

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