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The Vermillion Institute is a grand landmark with a rich history. When built in 1845, it was the largest building in the county and housed a college, predecessor to the College of Wooster. This National Register-listed property was later the local high school and sat empty for years until rescued and completely rebuilt to modern codes about 10 years ago under supervision of the National Park Service. It educated future U. S. Senators, Congressmen, industrialists and people who went on to found other colleges. The building is notable for its solid brick walls, 10 ½ foot ceilings, 72 large windows and fine Greek Revival styling. It has solid cherry woodwork, white oak floors and a grand staircase rising four levels. Its ground floor once was the school chapel and is a large open space perfect for meetings and gatherings, opening onto a broad private patio and indoor garden room with pond and plants. This space has a serving kitchenette. The second or main floor has a grand open kitchen, dining and living area 50 feet long. Its dining room has beautiful historic wallpaper plus there is a bedroom with private bath on this level. The third floor has a two-story grand library with fireplace and plenty of bookshelves. Three bedroom suites, each with private bath, are on this floor. One is used as an upstairs living room and has a wood-burning fireplace. There are two outdoor terraces at this level. The fourth floor has another living room with kitchenette and a very spacious bedroom suite. The fifth floor is a grand office with fine views in all directions. The rehabilitation involved gutting down to the four outside walls and carefully rebuilding the floors and roof to modern standards with plans by a professional engineer. It has all-new plumbing, electrical and modern zoned HVAC systems. Its foundation was underpinned and perimeter drainage system installed. Brick walls were completely repointed. This 7,000+ sq. ft. home is an absolute masterpiece.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1845
  • 1.0233 Acre Lot
  • 3 Car Garage
  • 68 days on Market

  • Bedrooms
    5
  • Bathrooms
    5 full · 2 half
  • Year Built
    1845
  • Stories
    4.0
  • Architectural Style
    Traditional
  • Construction Materials
    Wood Siding, Brick
  • Garage Spaces
    3.0
  • Parking Features
    Concrete
  • Living Area
    7051.0
  • Cooling
    Central Air
  • Heating
    Baseboard
  • Basement
    None

  • Acres
    1.0233
  • Water
    Public

  • County
    Ashland
  • City
    Hayesville
  • Zip Code
    44838

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Frequently Asked Questions

How do I schedule a tour of 150 E Main St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 150 E Main St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 150 E Main St?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $925,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Hayesville, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 150 E Main St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 150 E Main St at around $5,409. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 150 E Main St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Ashland County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 150 E Main St?

In most cases, yes. Whether 150 E Main St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hayesville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 150 E Main St?

We can handle that for you. Our preferred local agent specializes in residentials in Hayesville and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $925,000 with 7,051 sqft of space—that comes out to approximately $131 per square foot.

How long has this property been on the market?

150 E Main St was listed on September 01, 2026, which means it's been on the market for 68 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1845, making it approximately 181 years old.

What is the lot size of this property?

150 E Main St sits on a 1.02-acre lot, which is 44,431 square feet.

What are the property taxes for 150 E Main St?

The most recent public record shows annual property taxes for 150 E Main St were approximately $4,721. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 150 E Main St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.

Last Updated: November 08, 2026 at 02:22PM | Source: MLS Now | MLS#: 5241401