Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and bedroom count. Assessed value of $170K appears below market.
Ranch-Style 4-Bed Home with Full Basement on 0.206 Acre
3240 Sundale Road is a single-story ranch built in 1971, offering 1,288 square feet of living area on a level 0.206-acre (8,973 sqft) lot in Madison Township, Columbus. The property includes four bedrooms, 1.5 bathrooms, a full basement and a one-car attached garage. A large backyard and standard residential frontage on Sundale Road characterize the parcel; the lot and home present a straightforward ownership profile with an owner-occupied record dating to a 1987 purchase.
The home's mechanical and structural systems are documented as central air conditioning and forced-air gas heating, with wood-frame construction and an asphalt shingle roof. Condition is listed as average; because the house was built in 1971, standard inspections are recommended — the audit flags foundation, plumbing, electrical systems and roof condition as priority verifications. The full basement creates storage or finishing potential, while the single-story layout and attached garage reflect traditional ranch-era planning.
Location is a defining feature: the property sits within walking distance of Dunloe Elementary (about 0.1 miles) and a short drive to Groveport Madison Middle School North (about 0.4 miles). Three Creeks Metro Park is approximately 1.5 miles away, and Eastland Mall lies roughly 3 miles from the home. Surrounding uses are primarily residential, and the site benefits from municipal water and sewer, Columbia Gas service, and AEP Ohio electric service. The property falls in the Groveport Madison Local School District; school information in the record notes average district ratings.
Market context and valuation data are drawn from nearby comparable sales and local market metrics. A sales-comparison approach produced an estimated value range of $200,000–$220,000 with a midpoint of $210,000 (about $163/sqft). County assessed value is recorded at $170,000 (2026 assessment), with annual property taxes of $2,945 (tax year 2024). Recent nearby sales and rental comps also inform local pricing and rental demand: a local rental estimate is $1,500/month (roughly $1.17/sqft), yielding a reported gross rental yield near 8.6%. Local market indicators note limited inventory, a roughly 2.5-month supply, and average days on market near 48 days.
Key next steps for due diligence listed in the audit include confirming lot dimensions and boundaries, verifying renovation permits (if any), confirming zoning restrictions, and completing a professional home inspection and roof assessment. These verifications will clarify maintenance needs and any permitted improvements before purchase or investment actions.
See the properties helping shape the valuation.
Comparable sales
- 60 SF larger
- 1,568 SF smaller lot
- Same year built
- 10 SF smaller
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 1,773 SF smaller lot
- Same year built
- 440 SF larger
- Similar lot size
- Same year built
A 1971 ranch on 0.21 acres.
Building
Site & utilities
Madison Township
Researched nearby locations
Location
3240 Sundale Road, Columbus, OH 43232
The property sits in Madison Township within the Groveport Madison Local School District and a primarily residential pocket of Columbus. Dunloe Elementary is roughly 0.1 miles away and Groveport Madison Middle School North about 0.4 miles, making the location convenient for families. Nearby amenities include Three Creeks Metro Park (approx. 1.5 miles) for outdoor activities and Eastland Mall (approx. 3 miles) for shopping. The immediate surroundings are residential, with straightforward access to major local arterials and municipal utilities.
Three Creeks Metro Park is approximately 1.5 miles away, offering trails and open-space recreation; additional neighborhood parks and schoolyards provide nearby outdoor access.
A factual market snapshot around 3240 Sundale Road.
Single Family Residential
Zoning
Research-indicated uses
- Single Family
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
- 1 fewer bedroom
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 1987 purchase at $41,000 ($31.83/SF) — current estimate $210,000 ($163/SF)
- Assessed value $170,000 (land $17K, improvements $153K) — annual taxes $2,945
- Zoned R-1 — Single Family Residential
- 3 comparable sales within 0.5 miles in last 6 months range $200K–$220K
- Average days on market in the area: 48 days (seller's market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning restrictions
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 4 bedrooms
- 1.5 bathrooms
- Full basement
- Central air conditioning
- Forced-air gas heating
- Single-story (ranch)
- Wood-frame construction
- Asphalt shingle roof
- 1-car attached garage
- Large backyard
Sources & research confidence.
See where the property research came from and how confidence varies by field.