DEADLINE FOR OFFERS HAS BEEN REMOVED. Flood Zone Map in Document Section. Historic Yellow Springs is a Living Village steeped in a distinguished history, tradition and folklore that stirs the imagination of all who visit there. And now, you have the chance to own a home and adjacent lot right in the middle of this Magical Village! This home is an unpolished gem and with just a little TLC you can turn it into a showplace. Zoned V-3 Village Preservation District with multiple allowed uses. Adorable little two-story Colonial (Built in 1850) has 2 Bedrooms and 1 Bath and is situated on 1/2 + acre wooded lot. Step on to the covered front porch and back into history. The 1st floor has a large Living Room with Wood Plank Floors, a Bay Window and a Cozy Wood Burning Fireplace. Dining Room also has Hardwood Planked Floors and Built in Shelving. A Galley Kitchen overlooking the back yard is newer in age and boasts a Farm Sink, Picture Window, Farm Sink and tiled Backsplash. The Upper Level has two Cozy Bedrooms and a Full Upgraded Bathroom. The Walk Out Basement consists of two full rooms and has a wall that is constructed out of the nicest pointed stone work ever seen in a Basement. Generac Generator Included. There are some challenges with the property including a water well that is only 25' deep and a cess pool septic system. However, these are minor hurdles considering the potential. Back of Property borders a Flood Zone. An adjacent 2+ acre lot (with a small pond) - 1750 Art School Road - is also available with the home for an additional $200,000. MLS# PACT2075726. Owner prefers that both of these properties be sold together.