Ohio Land Auction: 85.6 Acres With a 5-Bedroom Farmhouse, Barn, Pond, Woods, and Hunting Potential in Baltic

For buyers searching for Ohio land for sale, recreational acreage, hunting property, rural real estate, or a large country property with renovation potential, an unusual auction listing in Baltic, Ohio, deserves attention. Located at 10261 Fiat Rd SW, Baltic, OH 43804, this property offers approximately 85.6 acres combining open ground, wooded acreage, a pond, an old bank barn, abundant wildlife, and an existing two-story farmhouse.

The property is being offered through an auction, with an estimated starting figure displayed at just $1. However, buyers should understand immediately that the $1 figure should not be interpreted as the expected or guaranteed final selling price. Auction bidding determines the eventual purchase price, and the successful bidder may also be responsible for additional expenses or requirements described in the official auction terms.

What makes this Ohio property particularly interesting is the combination of land and existing improvements. Although Zillow categorizes the listing as unimproved land and displays zero bedrooms and zero bathrooms in its structured facts, the listing description states that a two-story, five-bedroom home with two full bathrooms and one half bathroom is situated on the property.

The home is described as being in rough condition and requiring considerable restoration. The listing also specifically discloses that the house has tested positive for lead-based paint, making review of the auction’s additional lead-related terms and professional evaluation especially important before renovation.

Beyond the house, the property includes an old bank barn, pond, open and wooded acreage, and land described as supporting abundant wildlife and hunting opportunities.

With 85.6 acres being offered in two auction parcels, this is not simply an inexpensive house listing. It is a large rural property with several possible uses, depending on zoning, parcel configuration, auction terms, land characteristics, and the objectives of the eventual buyer.

Property Overview: 10261 Fiat Rd SW, Baltic, Ohio

The property is located at 10261 Fiat Rd SW, Baltic, OH 43804.

According to the supplied listing information, the major property details include:

Sale Type: Auction
Displayed Auction Estimate: $1
Property Classification: Unimproved Land
Total Acreage: Approximately 85.6 acres
Auction Configuration: Offered in two parcels
Existing House: Two-story residence
House Bedrooms: 5 according to the listing description
House Bathrooms: 2 full and 1 half bathroom according to the listing description
Additional Structures: Old bank barn
Water Feature: Pond
Land: Combination of open and wooded acreage
Parking: Unpaved
Water: Private
Sewer: Private sewer
HOA: None
Special Condition: Auction
Tax Assessed Value: $341,250
Reported Annual Property Tax: $2,111
Primary Parcel Number: 0300103000
Additional Parcels: 0300104000, 0300106000 and 0300105000
Date on Market: September 17, 2026

The combination of multiple parcels, extensive acreage, a farmhouse, barn, pond, and wooded areas makes this a much more complex property than the $1 headline figure might initially suggest.

Why the $1 Auction Estimate Needs Important Context

The first thing many buyers will notice is the displayed estimated $1 auction price.

That number is certainly attention-grabbing, but it should not be treated like the asking price on a traditional real estate listing.

Auction properties operate differently.

An opening or nominal auction amount can be used to begin the bidding process, while interested buyers ultimately determine how high bidding progresses under the applicable auction rules.

Therefore, a prospective buyer should not build a financial plan around acquiring 85.6 acres for one dollar.

Instead, the important questions include the final winning bid, buyer premiums or other auction charges if applicable, closing costs, financing requirements, taxes, title expenses, property condition, renovation costs, and any additional obligations contained in the official auction documents.

The true acquisition cost can only be understood after all of those factors are considered.

85.6 Acres of Ohio Countryside

The property’s most significant asset is its approximately 85.6 acres of land.

For buyers accustomed to conventional residential lots measured in thousands of square feet, 85.6 acres represents a dramatically different type of property.

One acre contains 43,560 square feet. That means 85.6 acres represents approximately 3.73 million square feet of land.

That scale can create opportunities that simply do not exist on ordinary residential parcels.

Depending on zoning, topography, access, soil, easements, conservation considerations, utilities, and local regulations, a large tract might support agricultural activity, recreation, hunting, hiking, woodland management, rural living, or other uses.

The actual suitability of the acreage for any specific purpose should be independently investigated.

A Mix of Open and Wooded Acreage

The listing specifically emphasizes a combination of open and wooded land.

This variety can make rural acreage more versatile.

Open areas may potentially be useful for fields, pasture, recreation, gardening, agricultural activities, or simply maintaining expansive rural views.

Wooded acreage provides a different environment.

Trees can offer privacy, wildlife habitat, recreational trails, shade, natural scenery, and opportunities for hunting or outdoor exploration.

The balance between woods and open ground can be especially attractive to buyers seeking a property that is not limited to a single landscape type.

Before purchasing, buyers interested in agriculture or forestry should determine the actual acreage and characteristics of each land type rather than relying solely on general listing descriptions.

Hunting and Recreational Potential

The listing describes the property as having abundant wildlife, good hunting, and strong deer activity.

For recreational land buyers, that could be one of the most compelling aspects of the property.

Large wooded tracts mixed with open ground and water can provide habitat for wildlife.

Potential recreational uses could include hunting where legally permitted, hiking, wildlife observation, trail riding where appropriate, photography, camping, and other outdoor activities.

However, hunting quality is not guaranteed simply because a listing describes abundant wildlife.

Serious hunting-property buyers may want to investigate habitat, neighboring land uses, access, topography, water sources, hunting pressure, local regulations, and historical wildlife activity.

Property boundaries should also be clearly understood before using land for hunting.

The Pond Adds Another Rural Feature

A pond is located on the property, adding another element to the landscape.

Ponds can enhance rural properties in several ways.

They may contribute to scenic views, wildlife habitat, recreation, and the overall character of the acreage.

For buyers envisioning a country retreat, having a pond can make the land feel significantly different from acreage consisting entirely of fields or woods.

The pond’s size, depth, water source, condition, and intended legal uses are not established by the basic listing information.

Anyone placing substantial value on this feature should inspect it personally and investigate its condition.

Existing Two-Story Farmhouse

Although the structured property facts categorize the listing as unimproved land and show no bedrooms or bathrooms, the marketing description states that the property includes a two-story, five-bedroom house with two full bathrooms and one half bathroom.

This discrepancy is important.

Buyers should rely on official auction documents, property records, inspections, and professional verification when determining exactly what improvements are included and their legal status.

If the house can be successfully restored, having an existing residence could substantially influence how a future owner uses the acreage.

A buyer might envision restoring it as a primary country residence, seasonal retreat, hunting property headquarters, or another permitted use.

But the listing clearly indicates that significant work will be required.

The House Is Described as Being in Rough Condition

The existing residence should not be mistaken for a turnkey farmhouse.

According to the listing, the house is in rough condition and will require considerable work to restore.

That statement deserves serious attention.

Renovating an older rural home can involve substantially more than new paint and flooring.

Potential expenses could include roofing, structural repairs, foundation work, electrical systems, plumbing, heating and cooling, insulation, windows, doors, kitchens, bathrooms, flooring, wall repairs, exterior materials, drainage, private water systems, sewer systems, and other components.

The exact renovation scope cannot be determined from listing information alone.

A low auction starting point does not necessarily mean a low total project cost.

Lead-Based Paint Has Been Disclosed

One of the most important disclosures in the listing is that the home has tested positive for lead-based paint.

This should be treated as a material renovation consideration.

Lead-based paint was historically used in older residential properties, and disturbing lead-containing materials during renovation can create health hazards.

The listing specifically encourages prospective buyers to review additional auction terms and conditions concerning the lead-based paint before bidding.

Anyone considering restoration should understand those requirements and consult qualified professionals regarding safe assessment, management, remediation, or removal where necessary.

Renovation plans involving sanding, demolition, window replacement, wall removal, or other work that disturbs painted surfaces require particular care.

This is an area where professional guidance and compliance with applicable regulations are important.

Free Gas Is Reportedly Available to the Home

Another unusual feature highlighted in the listing is that free gas is available to the home.

For rural-property buyers, this could be an interesting benefit, but the exact nature of the arrangement should be independently verified.

A buyer should investigate the legal basis for the gas supply, whether it transfers to a new owner, what limitations apply, whether there are existing leases or agreements, and what equipment or infrastructure is involved.

The phrase “free gas” should not automatically be interpreted as unlimited energy with no conditions.

Any mineral rights, gas rights, leases, easements, or related agreements affecting the property deserve careful title and legal review.

If the benefit is transferable and remains available under favorable terms, it could influence future operating costs. But buyers should verify the details before assigning it financial value.

Old Bank Barn Adds Classic Rural Character

The property also includes an old bank barn.

Bank barns are traditional agricultural structures often associated with older farms and rural landscapes.

For some buyers, the barn could be one of the property’s most appealing visual features.

Depending on condition, a barn may potentially provide agricultural storage, equipment space, workshop capacity, or other permitted uses.

However, an old barn can also require extensive structural work.

Its foundation, framing, roof, siding, floors, supports, and overall stability should be evaluated before anyone enters or uses it extensively.

Restoring a historic agricultural structure can become a substantial project of its own.

Offered in Two Parcels

Another major feature of this auction is that the property is being offered in two parcels.

This structure potentially gives bidders greater flexibility than an auction requiring the entire 85.6 acres to be purchased as one indivisible tract.

Different buyers may have different objectives.

One bidder may want the acreage associated with the residence and improvements, while another may be primarily interested in recreational or undeveloped land.

A buyer might also be interested in acquiring both parcels.

The actual parcel configuration, acreage allocation, access, improvements, boundaries, and bidding procedure should be verified through the official auction materials.

Multiple Parcel Numbers Are Listed

The primary parcel number is identified as 0300103000, with additional parcels listed as 0300104000, 0300106000, and 0300105000.

Because several parcel identifiers appear in the listing, prospective bidders should carefully review maps and legal descriptions.

Questions worth answering include which parcel contains the house, which contains the barn, where the pond is located, how road access is provided, whether each parcel has independent access, and exactly how the 85.6 acres are divided for auction purposes.

Survey information can be particularly valuable for large rural properties.

A buyer should never rely solely on an online map when establishing legal property boundaries.

Private Water

The property is listed as having private water.

In rural areas, private water frequently means a well or another privately maintained water source, although buyers should verify the exact system serving this property.

Water quality, flow rate, system condition, and maintenance history can be important considerations.

If a well serves the residence, buyers may want appropriate testing and inspection.

A private water system differs from municipal water because maintenance and repairs generally become the owner’s responsibility.

Any buyer intending to restore and occupy the farmhouse should make water-system evaluation part of the overall project analysis.

Private Sewer

The property also uses a private sewer system according to the listing.

Prospective buyers should determine exactly what type of wastewater system is installed and evaluate its condition.

If the property uses a septic system, factors such as age, location, capacity, maintenance history, and functionality can be important.

Repairing or replacing a private wastewater system can represent a substantial expense.

This becomes particularly relevant if the existing house has been vacant, neglected, or in rough condition for an extended period.

Unpaved Parking

Parking is identified as unpaved.

On a rural 85.6-acre property, that is not particularly surprising.

However, access conditions deserve attention.

Buyers should investigate driveway surfaces, drainage, road frontage, winter accessibility, and whether heavy construction equipment can reach the farmhouse and barn during renovation.

If extensive restoration is planned, reliable access for contractors, dumpsters, material deliveries, and equipment may become important.

Improving a long rural driveway can itself become a meaningful project expense.

No HOA

The listing indicates no homeowners association.

For buyers seeking rural independence, the absence of an HOA may be attractive.

There is no listed HOA fee and no traditional residential association identified in the property information.

However, no HOA does not mean no restrictions.

County zoning, building codes, environmental rules, easements, deed restrictions, agricultural regulations, utility agreements, and other legal requirements may still affect how the acreage can be used.

Prospective buyers should verify regulations applicable to their intended plans.

Reported Tax Assessed Value of $341,250

The property has a reported tax assessed value of $341,250.

That figure creates a dramatic contrast with the nominal $1 auction estimate, but the two numbers should not be directly compared as though they represent equivalent measures of value.

The $1 figure is associated with the auction process.

The tax assessment is used for property-tax purposes.

Neither number guarantees what bidders will ultimately pay or what the property could be sold for in another transaction.

A large rural property containing multiple parcels, an older house, barn, pond, woods, and open acreage requires a more detailed valuation approach.

Comparable land sales and property-specific professional analysis may provide better context.

Annual Property Taxes Are Reported at $2,111

The listing reports approximately $2,111 in annual property taxes.

Prospective buyers should independently verify current taxes for every parcel included in the proposed purchase.

This is especially important because multiple parcel numbers are involved.

If a buyer acquires only part of the property, future tax obligations may differ from the total currently shown in the listing.

Likewise, reassessment or changes in use could potentially affect future taxes.

Potential as a Hunting Property

For hunters, the combination of 85.6 acres, woods, open land, water, and abundant wildlife may make this property particularly interesting.

A large private tract can potentially provide space for trails, hunting stands, wildlife habitat improvements, food plots where appropriate, and recreational management.

Buyers specifically interested in hunting may want to walk the land and study its terrain.

Potential factors include bedding areas, travel corridors, field edges, water sources, neighboring pressure, access routes, prevailing winds, and locations suitable for stands.

All hunting activity should, of course, comply with applicable Ohio laws and regulations.

Potential as a Country Retreat

Not every buyer of 85 acres is looking for an agricultural operation.

Some may envision a private country retreat.

Restoring the existing five-bedroom house could potentially create a substantial rural residence surrounded by woods, open space, wildlife, and a pond.

The old bank barn could contribute additional character to the setting.

For buyers coming from more densely developed areas, the privacy and space associated with 85.6 acres may be the property’s main attraction.

The tradeoff is maintenance.

Large rural properties require ongoing attention to driveways, fields, woods, drainage, buildings, water systems, wastewater systems, and other infrastructure.

Agricultural Possibilities Should Be Investigated

The open acreage may also interest buyers considering agricultural uses.

However, the listing does not provide enough information to determine what type of farming would be practical.

Soil characteristics, topography, drainage, previous land use, water access, zoning, and existing agricultural arrangements would all need investigation.

Buyers interested in crops, livestock, pasture, hay production, or other agricultural uses should conduct property-specific research.

The presence of a bank barn may suggest historical agricultural use, but past use does not automatically establish current suitability.

Woodland Management Opportunities

Wooded acreage can represent more than recreational space.

Depending on tree species, age, density, access, and forest condition, a buyer may want to develop a long-term woodland management plan.

Professional forestry advice can help landowners understand tree health, habitat improvement, invasive species management, trail development, conservation, and potential timber considerations.

No timber value should be assumed from the listing description alone.

A qualified forestry professional would be better positioned to evaluate the woods if timber or forest management is an important part of a buyer’s plans.

Renovating the Five-Bedroom House

The existing house could become one of the largest expenses associated with the property.

A complete renovation budget might need to account for structural repairs, roofing, electrical work, plumbing, heating, insulation, windows, bathrooms, kitchen, flooring, drywall or plaster, painting, exterior improvements, water systems, wastewater infrastructure, and lead-safe renovation procedures.

A five-bedroom residence also means more interior area to restore than a small cottage.

Buyers should obtain realistic contractor estimates before assuming the house can be renovated economically.

In some cases, restoration makes sense. In others, the cost may exceed what a buyer initially expects.

The True Cost of Buying at Auction

A serious bidder should evaluate the property using a comprehensive formula rather than focusing on the $1 estimate.

A useful framework is:

Winning Bid + Buyer Fees + Closing Costs + Taxes + Title Expenses + Financing + Immediate Safety Work + Home Renovation + Barn Repairs + Utility Work + Land Improvements + Contingency = Total Investment

That final number provides a much clearer picture of affordability.

The winning bid may represent only one component of the total project.

Auction Terms Matter

Real estate auctions can have different rules from traditional home sales.

Bidders may be required to register, provide proof of funds, pay a deposit, meet specific closing deadlines, or accept limited contingencies.

A buyer’s premium may apply in some auctions, although prospective bidders should verify whether one applies here rather than assuming.

The sale may also involve specific rules regarding the two-parcel configuration.

Official auction documents should therefore be reviewed carefully before bidding.

The listing agent or auction company can provide the applicable terms and conditions.

Financing an Auction Purchase

Buyers who require financing should investigate their options before bidding.

Auction closing timelines can sometimes be shorter or less flexible than conventional real estate transactions.

Properties requiring major renovation can also present challenges for ordinary mortgage financing.

Large acreage introduces another consideration because some residential lenders have limitations regarding property size, agricultural use, or condition.

Depending on the buyer and property, financing possibilities could differ significantly.

Pre-auction preparation is therefore particularly important.

Title Research and Property Rights

Large rural properties can involve legal considerations that may not be immediately visible during a physical inspection.

Potential buyers should investigate title, easements, rights-of-way, access, mineral rights, gas agreements, existing leases, encroachments, and other recorded matters.

The reported availability of free gas makes this especially relevant.

A buyer should determine whether any underlying gas or mineral arrangements affect the land and whether the benefit described in the listing transfers with ownership.

Professional title and legal review can help clarify these issues.

Why Due Diligence Matters More Than the $1 Headline

A one-dollar auction figure is designed to capture attention, but experienced property buyers know that the headline number is rarely the entire story.

Here, buyers are evaluating 85.6 acres, multiple parcels, a rough-condition five-bedroom house, lead-based paint, an old bank barn, private utilities, a pond, wooded land, open acreage, and potential gas-related rights or benefits.

Each component deserves investigation.

The opportunity may be substantial, but so may the responsibilities.

Due diligence allows a bidder to understand both sides before determining what the property is worth to them.

Questions to Answer Before Bidding

Prospective buyers should confirm exactly how the two auction parcels are configured and what improvements are included with each parcel. They should review the official auction terms, required deposit, payment deadlines, buyer costs, financing rules, title information, and closing procedures.

The farmhouse should be professionally evaluated, particularly given its rough condition and positive lead-based-paint test.

Buyers should also investigate the barn, pond, private water, private sewer, road access, property boundaries, taxes, zoning, insurance, and land condition.

Anyone interested in the free gas arrangement should obtain documentation explaining exactly how it works and whether it transfers to the successful purchaser.

These details can materially affect how much a rational buyer is willing to bid.

Final Thoughts on 10261 Fiat Rd SW, Baltic, Ohio

10261 Fiat Rd SW, Baltic, OH 43804 is far more than a typical inexpensive property listing.

The auction offers approximately 85.6 acres of Ohio countryside with a combination of open and wooded land, a pond, an old bank barn, abundant wildlife, and an existing two-story farmhouse.

According to the listing description, the house contains five bedrooms, two full bathrooms, and one half bathroom, although Zillow’s structured data categorizes the overall listing as unimproved land and therefore displays zero bedrooms and bathrooms.

The farmhouse is in rough condition and requires considerable restoration. It has also tested positive for lead-based paint, making professional evaluation and careful review of the auction’s lead-related terms essential.

The reported availability of free gas to the house is another unusual characteristic that should be independently verified, particularly regarding transferability and any associated rights or agreements.

For outdoor enthusiasts, the mix of woods, open acreage, wildlife, and a pond could provide significant recreational possibilities. For a buyer interested in rural living, restoring the farmhouse could potentially create a private country residence surrounded by more than 80 acres. Agricultural or woodland-management possibilities may also exist, subject to professional evaluation and applicable regulations.

The property is being offered in two parcels, potentially giving bidders different options depending on how the auction is structured.

Most importantly, the displayed $1 estimate should not be mistaken for the property’s expected final sale price. It is an auction figure, and competitive bidding may result in a dramatically different purchase price.

Prospective buyers should evaluate the winning bid together with renovation expenses, lead-related work, barn repairs, private utility systems, insurance, taxes, title costs, auction fees where applicable, financing, land maintenance, and a contingency reserve.

With a reported tax assessed value of $341,250 and annual property taxes of approximately $2,111, the property clearly represents something much larger and more complex than its attention-grabbing $1 auction figure suggests.

For hunters, land investors, rural-property buyers, farmers, renovation enthusiasts, or anyone seeking a substantial tract of Ohio countryside, this auction may be worth researching carefully. The combination of acreage, woods, open ground, water, existing buildings, wildlife, and multiple parcels gives the property several possible directions for a future owner.

As with any auction—particularly one involving multiple parcels and an older home requiring extensive work—buyers should independently verify every material detail and read the complete auction terms before placing a bid.

 

 

Listed on Zillow