502 Prospect Ave, Lima, OH 45804 Property Records

Allen County property record for 502 Prospect Ave, Lima, OH 45804 · Last verified June 2026

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,698 sqft · built 1900
Lot Size0.344 acres (14,985 sqft)
Owner2 Individual Names on File
Last Sale$36,500 (Nov 1998)
Tax Bill$1,039 (2025)
Deeds & MortgagesAug 2017 Loan Modification
Flood ZoneZone X (minimal risk)
APN37-3112-05-037.000

Property Details

APN / Parcel Number

Primary APN37-3112-05-037.000
Alternative APN
  • M3837311205037000

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms6 Rooms
Stories2 Stories
Building Area1,698 sqft Living Area
Gross Area2,676 sqft
1st Floor Area880 sqft
Upper Floors Area572 sqft
Basement Area880 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 2000
Architectural StyleConventional
Exterior MaterialWood
Construction TypeFrame
Lot Area14,985 sqft (0.344 acres)
Lot Dimensions150 ft deep x 100 ft wide
Garage TypeDetached
Garage Area308 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchEnclosed Frame Porch
Porch Area150 sqft
Deck Area160 sqft
Patio Area160 sqft

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemCentral
Heating FuelGas
SewerStorm Sewer
Water SourceCommercial

Location & Zoning

Street Address502 PROSPECT AVE
CityLIMA
StateOH
Zip45804-1456
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionT K JACOBS TENTH ADDITION LOTS 5631-5632 JOINT TEN FF 50.00
Legal SubdivisionT K JACOBS TENTH ADDITION
Legal Lot Number5631
JurisdictionALLEN OH
Township / Civil DivisionLIMA
Census Block Group1
Census Block1012
Census Tract12700

Owner

Source: Allen County records · APN 37-3112-05-037.000

Assessment roll updated May 21, 2026 · Last verified June 2026

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

Owner of Record2 Individual Names on File
Mailing Address502 PROSPECT AVE, LIMA, OH 45804-1456
OccupancyOwner Occupied
Owner TypeIndividual
VestingJoint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleNov 23, 1998 · Amount on Record
Deed SaleNov 23, 1998 · Amount on Record
Prior SaleSep 18, 1990 · Amount on Record
Record UpdatedSep 20, 2026

August 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionALLEN OH
Property Address502 PROSPECT AVE, LIMA, OH 45804-1456
Document Number0000010801
Instrument DateAug 29, 2017
Transaction TypeMortgage
Record UpdatedOct 19, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
Address502 PROSPECT AVE LIMA OH 458041456, LIMA, OH 45804-1456

Mortgage

Document Number0000010801
DateSep 29, 2017
Instrument10801
Lender
NameCALIBER HM LOANS
TypeFunding / Finance Company
AddressOKLAHOMA CITY, OK 73134
Agreement
AmountAmount Recorded
Term360 Months
DueSep 28, 2047
Interest
Rate TypeFixed Rate
Rate4.5%

Tax Assessment & Valuation

Source: Allen County records · Assessment roll updated May 21, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateOhio
CountyAllen County
MunicipalityLima City
Unified School DistrictLima 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$1,039.00 (+0.19%)$19,500 (-) Land $2,450 Building $17,050$55,700 (-) Land $7,000 Building $48,700
2024$1,037.00 (+1.67%) Homeowner's exemption$19,500 (+4.9%) Land $2,450 Building $17,050$55,700 (+4.9%) Land $7,000 Building $48,700
2023$1,020.00 (+42.26%) Homeowner's exemption$18,590 (-) Land $2,350 Building $16,240
2022$717.00 Homeowner's exemption$18,590 Land $2,350 Building $16,240
2021$53,100 Land $6,700 Building $46,400

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Allen County (39003C), updated June 20, 2024 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 347 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
BrightspeedFiber2,000 / 2,000
SpectrumCable1,000 / 1,000
Benton Ridge Telephone CompanyFixed Wireless400 / 40
VerizonFixed Wireless300 / 20
AT&TFixed Wireless100 / 20

May also be available at this address: Defiance Holdings. Availability varies by address; speeds are provider-advertised maximums, not measured.

Nearby Properties on Prospect Ave

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