Welcome to the forum!
$200 and 256K miles goes pretty much hand in hand. I saw the ad and my first impression was that the engine was pretty clean for that many miles. I almost always expect the crankshaft #4 journal to be chewed up, so you may want to line one up. If you find the crank bad then you might as well pull the head and have that done as well as new rings.
At best you may have an engine that was rebuilt less than 100K miles ago. At the worse, you may have close to $200 worth of parts...