2005 Wallace Ln, Lorain, OH 44053 Property Records

Lorain County property record for 2005 Wallace Ln, Lorain, OH 44053

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,810 sqft · built 1977
Lot Size1.13 acres (49,223 sqft)
OwnerIndividual Name on File
Last Sale$69,200 (Oct 2019)
Tax Bill$1,949 (2025)
Deeds & MortgagesSep 2022 Mortgage
Oct 2019 Sale
Flood ZoneZone X (minimal risk)
APN02-02-022-103-018

Property Details

APN / Parcel Number

Primary APN02-02-022-103-018

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms7 Rooms
Stories1 Story
Building Area1,810 sqft Living Area
Gross Area2,338 sqft
1st Floor Area1,810 sqft
Basement Area1,176 sqft
Family RoomFamily Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1977
Architectural StyleConventional
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Foundation TypeNo Foundation
Lot Area49,223 sqft (1.13 acres)
Lot Dimensions436 ft deep x 100 ft wide
Garage TypeAttached
Garage Area528 sqft
Parking Spaces2 Parking Spaces
PorchOpen Frame Porch
Porch Area64 sqft
Patio Area264 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address2005 WALLACE LN
CityLORAIN
StateOH
Zip44053-1221
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionWALLACE SUB 1 100 X 492
Legal SubdivisionWALLACE SUB 1
Legal Tract02
Legal Block103
Legal Lot Number23
JurisdictionLORAIN OH
Township / Civil DivisionLORAIN
Census Block Group1
Census Block1006
Census Tract22601

Owner

Source: Lorain County records · APN 02-02-022-103-018

Assessment roll updated May 16, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address2005 WALLACE LN, LORAIN, OH 44053-1221
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Sep 30, 2022Deed of Trust, Mortgage · Conventional Mortgage
MUTUAL OF OMAHA MORTGAGE INC
Oct 01, 2019Quit Claim Deed, Transfer
CARDINAL HOPE EXAM COMPANY, CARDINAL HOPE EXAM CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 01, 2019 · Amount on Record
Deed SaleOct 01, 2019 · Amount on Record
Deed Document Number2019732595
Prior Transfer DateFeb 13, 2018
Prior Transfer Doc0000662475
Record UpdatedSep 20, 2026

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLORAIN OH
Property Address2005 WALLACE LN, LORAIN, OH 44053-1221
Transaction TypeMortgage
Record UpdatedJun 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000893454
DateSep 30, 2022
Instrument2022-0893454
Lender
NameMUTUAL OF OMAHA MORTGAGE INC
TypeMortgage Company
AddressSAN DIEGO, CA 92108
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueOct 01, 2052

October 2019: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLORAIN OH
Recording DateOct 01, 2019
Property Address2005 WALLACE LN, LORAIN, OH 44053-1221
Document Number0000732595
Instrument DateAug 30, 2019
Instrument732595
Transaction TypeTransfer
Record UpdatedOct 14, 2019
Title CompanyCARDINAL HOPE EXAM COMPANY, CARDINAL HOPE EXAM CO

Transaction

AmountAmount Recorded
Tax$276.80
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2005 WALLACE LN LORAIN OH 440531221, LORAIN, OH 44053-1221

Tax Assessment & Valuation

Source: Lorain County records · Assessment roll updated May 16, 2025 · Last verified July 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$1,949.00 Homeowner's exemption$71,770 (+%) Land $30,890 Building $40,880$205,050 (-) Land $88,250 Building $116,800
2024$1,949.00 (-9.77%)$71,768 (+40.43%) Land $30,888 Building $40,880$205,050 (+40.43%) Land $88,250 Building $116,800
2023$2,160.00 (-0.09%)$51,107 (-0.01%) Land $19,320 Building $31,787$146,020 (-) Land $55,200 Building $90,820
2022$2,162.00$51,110 Land $19,320 Building $31,790
2021$146,020 Land $55,200 Building $90,820

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of May 25, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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

Wildfire

Wildfire RiskLow
lower than 99.1% of the US · lower than 96% of Ohio
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

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

Based on FCC filings for 279 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemLORAIN CITY PWS
serves 64,152 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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