Can A Purple House On The Market In Ohio Sell?

By Douglas A. McIntyre Updated Jan 6, 3:31AM EST · Published Jun 23, 8:02AM EDT

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Can A Purple House On The Market In Ohio Sell? — © Andrew Farkas / Wikimedia Commons

There is a purple house for sale in Perry, Ohio. It is priced at only $149,528. One reason for that is the house is small. Another may be the odd color.

The house at 3759 Indiana St, Perry, Ohio has only three bedrooms, 1.5 baths, and covers only 1,750 square feet. It sits on a tiny parcel of.57% of an acre. Realtor.com, which lists the house as the most popular one on its site based on views, points out that, “The owner painted every conceivable square inch of the home in various shades of purple—even the garage—adding a whimsical touch to the three-bedroom ranch-style home.”. Of course, a new owner could repaint it, but that would be expensive. The fact that the house was built in 1961 means it is likely to need more upgrade and repairs.

There are lots of reasons not to live in Perry, Ohio. It is close to the shore of Lake Eire between Cleveland and Erie, Pennsylvania (which puts it in the middle of nowhere). Its population is just over 1,600 people. The population is homogeneous which some people may favor. Over 98% of the residents are White. From an income standpoint, the median is about the same as the national average. For those who don’t want to live near a nuclear reactor, Perry is a good place to stay away from. The Perry Nuclear Power Plant is close to the city.

As for the property itself, even the septic systems is fairly old–put in in 1996. However, the nuclear facility may be a more likely reason the house is hard to market.

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.