Lorain County property record for 1724 Wallace Ln, Lorain, OH 44053
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 3 ba · 1,991 sqft · built 1955 |
| Lot Size | 1.07 acres (46,609 sqft) |
| Owner | 2 Trust Names on File |
| Tax Bill | $2,081 (2025) |
| Deeds & Mortgages | Oct 2023 Transfer |
| Flood Zone | Zone X (minimal risk) |
| APN | 02-02-022-102-011 |
| Primary APN | 02-02-022-102-011 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 3 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 8 Rooms |
| Stories | 1 Story |
| Building Area | 1,991 sqft Living Area |
| 1st Floor Area | 1,991 sqft |
| Family Room | Family Room |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1955 |
|---|---|
| Effective Year Built | Effective 1960 |
| Architectural Style | Conventional |
| Exterior Material | Aluminum/Vinyl |
| Construction Type | Frame |
| Lot Area | 46,609 sqft (1.07 acres) |
| Lot Dimensions | 436 ft deep x 100 ft wide |
| Garage Type | Attached |
| Garage Area | 336 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Open Porch |
|---|---|
| Porch Area | 90 sqft |
| Deck Area | 347 sqft |
| Patio Area | 196 sqft |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 1724 WALLACE LN |
|---|---|
| City | LORAIN |
| State | OH |
| Zip | 44053-1216 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | WALLACE SUB 100 X 532 |
| Legal Subdivision | WALLACE SUB 1 FRNT |
| Legal Tract | 2 |
| Legal Block | 102 |
| Legal Lot Number | 27 |
| Jurisdiction | LORAIN OH |
| Township / Civil Division | LORAIN |
| Census Block Group | 1 |
| Census Block | 1003 |
| Census Tract | 22601 |
1724 Wallace Ln is owner-occupied and held in a trust since October 2023.
Source: Lorain County records, as of March 20, 2026
| Owner of Record | 2 Trust Names on File |
|---|---|
| Co-owner | Co-owner on File |
| Mailing Address | 1724 WALLACE LN, LORAIN, OH 44053-1216 |
| Occupancy | Owner Occupied |
| Owner Type | Company, Secondary Individual |
| Vesting | Trust |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | 3 Names on Deed |
|---|---|
| Last Transfer Date | Oct 20, 2023 |
| Transfer Doc | 0000933360 |
| Record Updated | Jun 8, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | LORAIN OH |
| Recording Date | Oct 20, 2023 |
| Property Address | 1724 WALLACE LN, LORAIN, OH 44053-1216 |
| Document Number | 0000933360 |
| Map Reference | VOL 14 PG 11 |
| Instrument Date | Oct 17, 2023 |
| Instrument | 2023-0933360 |
| Transaction Type | Transfer |
| Record Updated | Oct 30, 2023 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | Transfer Tax Exempt |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Revocable Trust |
| Address | 1724 WALLACE LN, LORAIN, OH 44053-1216 |
The 2025 property tax bill for 1724 Wallace Ln was $2,081.
Source: Lorain County assessment roll, as of August 1, 2025
| Type | Name |
|---|---|
| State | Ohio |
| County | Lorain County |
| Municipality | Lorain City |
| Unified School District | Lorain City School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,081.00 | $75,230 (+%) Land $30,700 Building $44,530 | $214,940 (-) Land $87,700 Building $127,240 |
| 2024 | $2,081.00 (-5.96%) | $75,229 (+44.24%) Land $30,695 Building $44,534 | $214,940 (+44.25%) Land $87,700 Building $127,240 |
| 2023 | $2,213.00 (-0.09%) | $52,154 (+0.01%) Land $19,170 Building $32,984 | $149,010 Land $54,770 Building $94,240 |
| 2022 | $2,215.00 | $52,150 Land $19,170 Building $32,980 | |
| 2021 | $149,010 Land $54,770 Building $94,240 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1724 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 risk around 1724 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 94% of the US · lower than 71% of Ohio |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
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 |
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