Marion County property record for 502 E Water St, Prospect, OH 43342
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,568 sqft · built 1895 |
| Lot Size | 0.198 acres (8,627 sqft) |
| Owner | Individual Name on Record |
| Last Sale | $120,000 (Apr 2015) |
| Tax Bill | $2,028 (2025) |
| Deeds & Mortgages | Nov 2023 Mortgage Jun 2021 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 27-0020014.000 |
| Primary APN | 27-0020014.000 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Plumbing Fixtures | 4 Plumbing Fixtures |
| Total Rooms | 7 Rooms |
| Stories | 1 Story |
| Building Area | 1,568 sqft Living Area |
| 1st Floor Area | 1,200 sqft |
| Upper Floors Area | 368 sqft |
| Flooring | Carpet |
| Interior Walls | Block |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1895 |
|---|---|
| Effective Year Built | Effective 1895 |
| Construction Type | Frame |
| Roof Material | Other |
| Lot Area | 8,627 sqft (0.198 acres) |
| Lot Width | 54.3 ft Width |
| Garage Type | Detached |
| Garage Area | 768 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Heating Fuel | Gas |
| Street Address | 502 E WATER ST |
|---|---|
| City | PROSPECT |
| State | OH |
| Zip | 43342-9724 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | GAST & DAVIS LOT 209-10 PG 9 101 2.00 140.00 |
| Legal Subdivision | GAST & DAVIS |
| Legal Lot Number | 209 |
| Jurisdiction | MARION OH |
| Township / Civil Division | PROSPECT |
| Census Block Group | 1 |
| Census Block | 1028 |
| Census Tract | 10500 |
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 Record | Individual Name on Record |
|---|---|
| Mailing Address | 502 E WATER ST, PROSPECT, OH 43342-9724 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Date | Document |
|---|---|
| Nov 13, 2023 | Deed of Trust, Mortgage · FHA Mortgage ROCKET MORTGAGE LLC |
| Jun 8, 2021 | Deed of Trust, Mortgage · FHA Mortgage FREEDOM MORTGAGE CORP |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Apr 1, 2015 · Amount on Record |
| Deed Sale | Apr 1, 2015 · Amount on Record |
| Deed Document Number | 20151819 |
| Deed Book / Page | 1315 / 545 |
| Prior Transfer Date | Apr 16, 2013 |
| Prior Transfer Doc | 0012510221 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARION OH |
| Property Address | 502 E WATER ST, PROSPECT, OH 43342-9724 |
| Transaction Type | Mortgage |
| Record Updated | Nov 24, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0016780260 |
|---|---|
| Date | Nov 13, 2023 |
| Book Page | 1678/260 |
| Instrument | 2023-06266 |
| Name | ROCKET MORTGAGE LLC |
|---|---|
| Type | Mortgage Company |
| Address | DETROIT, MI 48226 |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Dec 1, 2053 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARION OH |
| Property Address | 502 E WATER ST, PROSPECT, OH 43342-9724 |
| Transaction Type | Mortgage |
| Record Updated | Jun 25, 2021 |
| Name | Verified Name |
|---|
| Document Number | 0015700069 |
|---|---|
| Date | Jun 8, 2021 |
| Book Page | 1570/69 |
| Instrument | 2021-04563 |
| Name | FREEDOM MORTGAGE CORP |
|---|---|
| Type | Subprime Lender |
| Address | MOUNT LAUREL, NJ 08054 |
| Type | FHA Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 288 Months |
| Due | Jun 1, 2045 |
Source: Marion County assessment roll, as of February 9, 2026
| Type | Name |
|---|---|
| State | Ohio |
| County | Marion County |
| County Subdivision | Prospect Township |
| Municipality | Prospect Village |
| Unified School District | Elgin Local School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,028.00 (+9.56%) | $49,430 (+31.74%) Land $10,030 Building $39,400 | $141,230 (+31.74%) Land $28,660 Building $112,570 |
| 2024 | $1,851.00 (+0.87%) | $37,520 (-) Land $10,520 Building $27,000 | |
| 2023 | $1,835.00 (-0.33%) | $37,520 (-) Land $10,520 Building $27,000 | |
| 2022 | $1,841.00 | $37,520 Land $10,520 Building $27,000 | $107,200 Land $30,060 Building $77,140 |
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.
Source: FEMA National Flood Hazard Layer, effective October 29, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 100 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on Record median of 44 policies |
| Nearby Flood Policies | 44 in force |
| Nearby Flood Claims | 82 (1978–2025) |
| Claims Outside the SFHA | 7 of 82 |
| Most Recent Claim | Apr 2025 · river or lake flooding |
| Claims by Event |
|
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
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 | AQUA OHIO - MARION private · serves 47,102 people · EPA ID OH5100414 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Mar 2025 |
| Lead | 4 ppb (2021–2023) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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 328 locations within half a mile, as of December 31, 2025
| Provider | Max 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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