4 Trumbull County Funeral Homes Sold for Nearly $2M
YOUNGSTOWN, Ohio – Heritage Ohio LLC, a Tennessee-based company that is increasing its footprint across Ohio, has closed on the purchase of four Trumbull County funeral homes and a reception hall for nearly $2 million, records show.
According to data filed with the Trumbull County Auditor’s office, Heritage paid $1,660,500 for the buildings and land of three Lane Family Funeral Homes’ funeral chapel properties.
These properties include the Lane-Roberts Clark Chapel in Warren, the Lane Niles Chapel in Niles and the Lane Madasz Chapel in Brookfield.
The transaction also includes the Lane Family Reception center in Warren.
The sales were recorded on Jan. 6.
Lane also operates funeral homes in Cortland and Mineral Ridge in Trumbull County. There are no sales records filed with the auditor’s office regarding these properties.
The company, founded in 1855, also operates funeral homes in Austintown, Boardman and Canfield in Mahoning County. It also operates a reception and events center in Canfield. No sales of these properties have been recorded.
Heritage paid $311,740 for the Baumgardner Funeral Home in Kinsman on state Route 7 in Trumbull County, records show.
Baumgardner also operates a second funeral home in Andover in Ashtabula County. There is no transaction on file yet for that property.
Three family-owned funeral service providers in the Mahoning Valley – Lane, Baumgardner and Becker Funeral Homes in Struthers – announced in October that they would sell their business to Heritage.
Becker operates funeral homes in Struthers, Poland, Lowellville and Boardman in Mahoning County.
No property transfer records have yet been filed with the Mahoning County auditor’s office related to these properties.
Pictured at top: The Lane-Roberts Clark Chapel in Warren.
Copyright 2023 The Business Journal, Youngstown, Ohio.