please give me an explanation as to how this home sold for $65k

[Jeffrey Grieshop]

https://www.realtor.com/realestateandhomes-detail/315-S-Cole-St_Lima_OH_45805_M44277-51534

I stumbled on this and I was a bit aghast. The home in the above link sold for $65k, 175 days ago, and I am just simply asking how it was bought so cheaply? Is Lima a nice city? no. In fact, in all of Lima, this road or area of houses is about the only one I can recall having some admiration for. The median neighborhood price is much higher. It says it was renovated in 1996 and there is no central air. Just to be enlightened, I am asking as to how this could sell for $65k? 

[Craig Jeppesen]

It could be a listing mistake, a fixer upper or someone needed to sell quick for financial issues or big life change situation. Lots of reasons. I wouldn’t worry too much about it unless you are trying to sell a house on the same street for more.