Property Description

Spacious Split-Level with Great Potential in Lorain! Bring your ideas and a little elbow grease to make this spacious 4-bedroom, 2-bath split-level home your own. One of the larger homes in the neighborhood, this property offers plenty of living space with vaulted ceilings in the main entrance, front room, and dining area that create an open, airy feel. The layout provides room to spread out, featuring generously sized bedrooms, a large back deck, and a fenced-in backyard that's perfect for outdoor enjoyment. The 2-car garage is a great bonus, offering ample storage and convenience. The home is dated but livable, allowing you to move in and update over time at your own pace. This home is priced below market value to reflect the need for cosmetic repairs and TLC, and offers a great opportunity for someone comfortable with doing their own updates. With good bones, tons of space, and strong potential, this Lorain split-level is ready for its next owner to make it shine again.

4112 Ivanhoe Drive | MLS# 5195057

This single family home located at 4112 Ivanhoe Drive, Lorain, OH 44053 is currently listed for sale with an asking price of $199,900. This property was built in 1974 and has 4 bedrooms and 2 full baths with 2605 sq. ft. Ivanhoe Drive is located in the Allison Park Sub #1 subdivision within the Lorain City school district. Search Allison Park Sub #1 real estate on 780homeroad.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Full, Finished, Sump Pump

Basement: Yes

Cooling: Central Air

Days on Market: 20

Fireplaces: 1

Garage: 2 car attached

Heating: Forced Air, Gas

Home Style: Split Level

Lot Size: 0.22 Acres

Roof Type: Asphalt

Stories: 3.0

Taxes: $2,733 / year

Year Built: 1974

Feature Descriptions

Appliances: Dishwasher, Range

Exterior: Block, Lap Siding, Stucco, Unknown, Wood Siding

Fencing: Back Yard, Fenced, Privacy

Parcel#: 02-02-021-118-009

Parking: Attached, Garage

Sewer: Public Sewer

Water: Public

Local Schools

School District: Lorain City

Market Trends

Lorain County Residential Market Trend Graphs

Zip Code 44053

Source: Delta Media Group, Inc.

Demographics

Lorain County Demographic Information for 4112 Ivanhoe Drive, Lorain, OH 44053

Fips

Fips Code 39093

Population

2020 to 2025 Change up 3.3%

2010 Count 301,356

2020 Count 312,964

2025 Estimate (V2025) 323,219

2020 Estimate (V2025) 312,956

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 21.1%

18 to 64 53.0%

65 and Older 20.7%

Gender

Male 49.6%

Female 50.4%

Place of Birth

Foreign 3.1%

US 96.9%

Education

High School Graduate, Age 25+ 91.8%

Bachelor's Degree or Higher, Age 25+ 28.5%

Computer and Internet use

Households with a computer 94.8%

Households with a broadband Internet subscription 88.9%

Language

English is Second Language, Age 5+ 7.8%

English is First Language, Age 5+ 92.2%

Veterans

Veterans 18,512

Income

Per Capita Income $40,798

Median Household Income $73,347

People in Poverty 10.8%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 136,666

Households 127,544

Average Household Size 2.42

Owner-Occupied 74.0%

Multi-Family 17.0%

Owner-Occupied Median Value $223,200

Median selected monthly owner costs -with a mortgage $1,525

Median selected monthly owner costs -without a mortgage $629

Median gross rent $966

Building Permits

New Private Housing Issued 2024 1,331

Years at Residence

1 Year or More 90.9%

Less Than 1 Year 9.1%

Business and Employment

Private non-farm Establishments 5,664

Private non-farm Employment 89,159

Private non-farm Employment Growth 0.0%

Nonemployer Establishments 21,949

Number of Firms 4,759

Business Production

Value of Shipments $6,058,884,000

Wholesale Trade $2,315,415,000

Retail Trade $3,875,576,000

Retail Sales Per Capita $12,297

Accommodation and Food Services $444,363,000

Land

Land Area 491.10 sq. miles

Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,312.68 per month $1,026.63 Principal & Interest $227.75 Property Tax $58.30 Homeowner's Insurance

Change Payment Information

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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 05/20/2026. The listing information on this page last changed on 05/20/2026. 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 Wed 05/20/2026 12:00:05 AM EST) or Dayton MLS (last updated Tue 05/19/2026 11:46:43 PM EST) or CBRMLS (last updated Tue 05/19/2026 11:59:31 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 05/19/2026 11:53:24 PM EST) or NKY MLS (last updated Tue 05/19/2026 11:28:23 PM EST) or Wrist MLS (last updated Tue 05/19/2026 11:24:22 PM EST) or Firelands MLS (last updated Tue 05/19/2026 11:11:40 PM EST) or MLS NOW (last updated Tue 05/19/2026 11:57:38 PM 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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4112 Ivanhoe DriveLorain, OH 44053