1515 Wallace Ln, Lorain, OH 44053 Property Records

Lorain County property record for 1515 Wallace Ln, Lorain, OH 44053

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,472 sqft · built 1951
Lot Size1.12 acres (48,787 sqft)
OwnerIndividual Name on Record
Last Sale$147,000 (Oct 2006)
Tax Bill$2,394 (2025)
Flood ZoneZone X (minimal risk)
APN02-02-022-103-021

Property Details

APN / Parcel Number

Primary APN02-02-022-103-021

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,472 sqft Living Area
1st Floor Area1,472 sqft
FireplaceFireplace

Exterior

Year BuiltBuilt 1951
Architectural StyleConventional
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Foundation TypeSlab (Mat/Raft)
Lot Area48,787 sqft (1.12 acres)
Lot Dimensions436 ft deep x 100 ft wide
Garage TypeAttached
Garage Area784 sqft
Parking Spaces3 Parking Spaces
PorchPorch
Porch Area192 sqft
Patio Area192 sqft

Utilities, Heating & Cooling

Heating SystemHVAC

Location & Zoning

Street Address1515 WALLACE LN
CityLORAIN
StateOH
Zip44053-1211
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionWALLACE SUB 1 100 X 486.80 S/L 6 A
Legal SubdivisionWALLACE SUBDIVISION #1
Legal Tract2
Legal Block103
Legal Lot Number6A
JurisdictionLORAIN OH
Township / Civil DivisionLORAIN
Census Block Group1
Census Block1006
Census Tract22601

Owner

Source: Lorain County records, as of March 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordIndividual Name on Record
Co-ownerCo-owner on Record
Mailing Address1515 WALLACE LN, LORAIN, OH 44053-1211
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 23, 2006 · Amount on Record
Deed SaleOct 23, 2006 · Amount on Record
Prior SaleJul 3, 2001
Deed Document Number2006006623
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Lorain County assessment roll, as of August 1, 2025

Property Jurisdictions

TypeName
StateOhio
CountyLorain County
MunicipalityLorain City
Unified School DistrictLorain City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,394.00$59,610 (+%) Land $30,850 Building $28,760$170,310 (-) Land $88,150 Building $82,160
2024$2,394.00 (+13.95%)$59,609 (+49.88%) Land $30,853 Building $28,756$170,310 (+49.88%) Land $88,150 Building $82,160
2023$2,101.00 (+0.86%)$39,771 (+%) Land $19,320 Building $20,451$113,630 (-) Land $55,200 Building $58,430
2022$2,083.00$39,770 Land $19,320 Building $20,450
2021$113,630 Land $55,200 Building $58,430

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims6 (1979–1997)
Claims Outside the SFHA3 of 6
Most Recent ClaimJun 1997 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 96% of the US · lower than 81% of Ohio
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLORAIN CITY PWS
serves 64,152 people · EPA ID OH4700711
Water SourceSurface water
Last State InspectionJun 2024
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 279 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Brightspeed
Fiber
2,000 / 2,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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