1535 Wallace Ln, Lorain, OH 44053 Property Records

Lorain County property record for 1535 Wallace Ln, Lorain, OH 44053

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,619 sqft · built 1950
Lot Size	1.12 acres (48,787 sqft)
Owner	2 Individual Names on File
Last Sale	$89,000 (May 2008)
Tax Bill	$2,549 (2025)
Deeds & Mortgages	Apr 2023 Transfer
Flood Zone	Zone X (minimal risk)
APN	`02-02-022-103-009`

Property Details

APN / Parcel Number

Primary APN	`02-02-022-103-009`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,619 sqft Living Area
Gross Area	2,250 sqft
1st Floor Area	1,116 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1960
Architectural Style	Cape Cod
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Lot Area	48,787 sqft (1.12 acres)
Lot Dimensions	436 ft deep x 100 ft wide
Garage Type	Attached
Garage Area	441 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Enclosed Frame Porch
Porch Area	285 sqft
Deck Area	168 sqft
Patio Area	920 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	1535 WALLACE LN
City	LORAIN
State	OH
Zip	44053-1211
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	WALLACE SUB 1 100 X 487
Legal Subdivision	WALLACE SUB 1
Legal Tract	02
Legal Block	103
Legal Lot Number	15
Jurisdiction	LORAIN OH
Township / Civil Division	LORAIN
Census Block Group	1
Census Block	1006
Census Tract	22601

Owner

1535 Wallace Ln is owned and occupied by two individuals who acquired it in April 2023.

Source: Lorain County records, as of May 16, 2025

Owner of Record	2 Individual Names on File
Mailing Address	1535 WALLACE LN, LORAIN, OH 44053-1211
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Remainderman

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 15, 2008 · Amount on File
Deed Sale	May 15, 2008 · Amount on File
Prior Sale	Dec 17, 2007 · Amount on File
Deed Document Number	2008253705
Last Transfer Date	Apr 5, 2023
Transfer Doc	0000912475
Record Updated	Sep 20, 2026

April 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LORAIN OH
Recording Date	Apr 13, 2023
Property Address	1535 WALLACE LN, LORAIN, OH 44053-1211
Document Number	0000912475
Map Reference	VOL 14 PG 11
Instrument Date	Apr 5, 2023
Instrument	2023-0912475
Transaction Type	Transfer
Record Updated	Apr 21, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Right of Survivorship
Address	1535 WALLACE LN, LORAIN, OH 44053-1211

Tax Assessment & Valuation

The 2025 property tax bill for 1535 Wallace Ln was $2,549, down 7.2% from the year before.

Source: Lorain County assessment roll, as of May 16, 2025

Property Jurisdictions

Type	Name
State	Ohio
County	Lorain County
Municipality	Lorain City
Unified School District	Lorain City School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,549.00 (-7.24%)	$66,630 (-) Land $30,850 Building $35,780	$190,370 (-) Land $88,150 Building $102,220
2024	$2,748.00 (+13.23%)	$66,630 (+41.37%) Land $30,853 Building $35,777	$190,370 (+41.37%) Land $88,150 Building $102,220
2023	$2,427.00 (+0.91%)	$47,131 (+%) Land $19,320 Building $27,811	$134,660 Land $55,200 Building $79,460
2022	$2,405.00	$47,130 Land $19,320 Building $27,810
2021			$134,660 Land $55,200 Building $79,460

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1535 Wallace Ln in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1979.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	6 (1979–1997)
Claims Outside the SFHA	3 of 6
Most Recent Claim	Jun 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

Wildfire risk around 1535 Wallace Ln is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 96% of the US · lower than 81% of Ohio
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	LORAIN CITY PWS serves 64,152 people · EPA ID OH4700711
Water Source	Surface water
Last State Inspection	Jun 2024
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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

Provider	Max 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