500 E Water St, Prospect, OH 43342 Property Records

Marion County property record for 500 E Water St, Prospect, OH 43342

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 2,360 sqft · built 1907
Lot Size0.166 acres (7,219 sqft)
OwnerIndividual Name on Record
Last Sale$115,000 (Feb 2016)
Tax Bill$2,459 (2025)
Deeds & MortgagesOct 2021 Mortgage
Flood ZoneZone X (moderate risk)
APN27-0020013.900

Property Details

APN / Parcel Number

Primary APN27-0020013.900
Alternative APN
  • 030007300

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures4 Plumbing Fixtures
Total Rooms1 Room
Stories2 Stories
Building Area2,360 sqft Living Area
Gross Area2,775 sqft
1st Floor Area1,564 sqft
Upper Floors Area796 sqft
Basement Area415 sqft
FlooringCarpet
Interior WallsBlock
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1907
Effective Year BuiltEffective 1907
Construction TypeFrame
Roof MaterialMetal
Lot Area7,219 sqft (0.166 acres)
Lot Width46.3 ft Width
Garage TypeDetached
Garage Area660 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address500 E WATER ST
CityPROSPECT
StateOH
Zip43342-9724
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionGAST & DAVIS W PT LOT 209 PG 9 101 2.00 139.00
Legal SubdivisionGAST & DAVIS
Legal Lot Number209
JurisdictionMARION OH
Township / Civil DivisionPROSPECT
Census Block Group1
Census Block1028
Census Tract10500

Owner

Source: Marion County records, as of February 9, 2026

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

Owner of RecordIndividual Name on Record
Mailing Address500 E WATER ST, PROSPECT, OH 43342-9724
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 24, 2016 · Amount on Record
Deed SaleFeb 24, 2016 · Amount on Record
Deed Document Number2016960
Deed Book / Page1346 / 189
Prior Transfer DateSep 9, 2014
Prior Transfer Doc0012980378
Record UpdatedJun 8, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OH
Property Address500 E WATER ST, PROSPECT, OH 43342-9724
Transaction TypeMortgage
Record UpdatedNov 3, 2021

Transferred To (Grantee/Buyer)

NameVerified Name
Address500 E WATER ST, PROSPECT, OH 43342-9724

Mortgage

Document Number0015900905
DateOct 25, 2021
Book Page1590/905
Instrument2021-08555
Lender
NameDEPARTMENT OF HOUSING & URBAN DEV
TypeGovernment Agency
AddressWASHINGTON, DC 20410
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term293 Months
DueMar 1, 2046

Tax Assessment & Valuation

Source: Marion County assessment roll, as of February 9, 2026

Property Jurisdictions

TypeName
StateOhio
CountyMarion County
County SubdivisionProspect Township
MunicipalityProspect Village
Unified School DistrictElgin Local School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,459.00 (+13.21%)$61,370 (+35.98%) Land $8,550 Building $52,820$175,340 (+35.99%) Land $24,430 Building $150,910
2024$2,172.00 (+0.93%)$45,130 (-) Land $8,960 Building $36,170
2023$2,152.00 (-0.32%)$45,130 (-) Land $8,960 Building $36,170
2022$2,159.00$45,130 Land $8,960 Building $36,170$128,940 Land $25,600 Building $103,340

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 October 29, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 44 policies
Nearby Flood Policies44 in force
Nearby Flood Claims82 (1978–2025)
Claims Outside the SFHA7 of 82
Most Recent ClaimApr 2025 · river or lake flooding
Claims by Event
  • Severe Winter Storms, Flooding, And Mudslides, Jan 2005 · 12 claims
  • Severe Storms And Flooding, Aug 1995 · 17 claims
  • Severe Storms & Flooding, Jul 1987 · 7 claims

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 RiskNot rated
no burnable land within 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 SystemAQUA OHIO - MARION
private · serves 47,102 people · EPA ID OH5100414
Water SourceSurface water
Last State InspectionMar 2025
Lead4 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 328 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Frontier
Fiber
7,000 / 7,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Mercury Fiber
Fixed Wireless
150 / 20

May also be available: Bresco Broadband, Verizon.

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