RealtyLens
for saleRealtyLens property overview
$185,000

5056 Chipman Dr

Columbus, OH, 43232
View more Columbus, OH property pages
4Beds
1.5Baths
1,573Sqft
$118$/sqft

Listing Notes

Opportunity knocks in Blacklick Estates! This 3-level split offers 4 bedrooms, 1.5 baths, and 1,573 square feet of potential in the Groveport Madison Local School District. Situated on a .16-acre lot with sidewalks, the property features a long concrete driveway with space for three off-street parking spots. Inside, the front living room is filled with natural light from a large picture window. The eat-in kitchen includes ceramic tile flooring, recessed lighting, stainless steel appliances, a window over the sink with backyard views, abundant cabinetry, and a spacious built-in pantry, plus direct access to the patio--perfect for outdoor dining. The fenced yard adds privacy and room to play or garden. All three upper-level bedrooms offer overhead lighting; one features a ceiling fan. The lower level includes a generously sized half bath with an egress window and space to add a shower, as well as a family room with glass block windows and a fireplace featuring a hearth, mantle, and striking brick surround. This home needs significant TLC and is being sold as an investor special--ideal for buyers looking to renovate and build equity. Sold as-is.

Market Insights

Below nearby median-20%

$118/sqft vs a nearby median of $147/sqft.

Nearby median$147/sqft
Nearby properties5
Property size1,573 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,573 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$223k$201k$245k · 42% confidence
vs ask $185k−$38k (−20.5%)

Asking price is about 20.5% below the fair value — likely to draw competing offers if it's still on market.

$147/sqft median across 5 tight comps × 1,573 sqft= $231k
  • Special flood hazard zone−$5k −2.0%
  • Mid-century building era−$3k −1.5%
Cumulative NYC adjustments−$8k−3.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-20% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
30 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$185,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.