503 Prospect Ave, Lima, OH 45804 Property Records

Allen County property record for 503 Prospect Ave, Lima, OH 45804

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,997 sqft · built 1915
Lot Size0.138 acres (6,011 sqft)
OwnerCompany on Record
Last Sale$15,000 (Jun 2009)
Tax Bill$539 (2025)
Deeds & MortgagesMar 2023 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN37-3112-02-008.000

Property Details

APN / Parcel Number

Primary APN37-3112-02-008.000
Alternative APN
  • M3837311202008000

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms8 Rooms
Stories1 Story
Building Area1,997 sqft Living Area
Gross Area3,189 sqft
1st Floor Area1,116 sqft
Upper Floors Area881 sqft
Basement Area1,102 sqft

Exterior

Year BuiltBuilt 1915
Effective Year BuiltEffective 1915
Architectural StyleConventional
Exterior MaterialWood
Construction TypeFrame
Lot Area6,011 sqft (0.138 acres)
Lot Dimensions150 ft deep x 40 ft wide
Garage TypeDetached
Garage Area528 sqft
Parking Spaces2 Parking Spaces
PorchEnclosed Frame Porch
Porch Area351 sqft

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemCentral
Heating FuelGas
SewerStorm Sewer
Water SourceCommercial

Location & Zoning

Street Address503 PROSPECT AVE
CityLIMA
StateOH
Zip45804-1455
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionT K JACOBS 14TH ADDITION LOT 8421 N SIDE FF 40.00
Legal SubdivisionT K JACOBS 14TH ADDITION
Legal Lot Number8421
JurisdictionALLEN OH
Township / Civil DivisionLIMA
Census Block Group1
Census Block1013
Census Tract12700

Owner

Source: Allen County assessment roll, as of May 21, 2026

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

Owner of RecordCompany on Record
Mailing Address503 PROSPECT AVE, LIMA, OH 45804-1455
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 12, 2009 · Amount on Record
Deed SaleJun 12, 2009 · Amount on Record
Prior SaleMar 19, 2009 · Amount on Record
Deed Document Number20099070
Deed Book / Page2009 / 9070
Record UpdatedSep 20, 2026

March 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionALLEN OH
Recording DateMar 17, 2023
Property Address503 PROSPECT AVE, LIMA, OH 45804-1455
Document Number3170002124
Book / Page2023 / 2124
Map ReferenceMB 4 PG 148
Instrument DateMar 16, 2023
Instrument202303170002124
Transaction TypeTransfer
Record UpdatedMar 28, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1534 ALLENTOWN RD, LIMA, OH 45805-2206
InvestorPossibly a Property Investor

Mortgage

Document Number3170002125
DateMar 17, 2023
Instrument202303170002125
Lender
NameTHE STATE BANK & TRUST CO
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueMar 16, 2028

Tax Assessment & Valuation

Source: Allen County assessment roll, as of May 21, 2026

Property Jurisdictions

TypeName
StateOhio
CountyAllen County
MunicipalityLima City
Unified School DistrictLima City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$539.00 (+0.37%)$13,440 (-) Land $980 Building $12,460$38,400 (-) Land $2,800 Building $35,600
2024$537.00 (-7.41%)$13,440 (+4.84%) Land $980 Building $12,460$38,400 (+4.92%) Land $2,800 Building $35,600
2023$580.00 (-0.34%)$12,820 (-) Land $950 Building $11,870
2022$582.00$12,820 Land $950 Building $11,870
2021$36,600 Land $2,700 Building $33,900

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 20, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; 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 SystemLIMA CITY
serves 65,619 people · EPA ID OH0200811
Water SourceSurface water
Last State InspectionFeb 2025
LeadUnder 1 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityTreatment failure
resolved · May 2026
Total trihalomethanes
resolved · Apr 2024
Turbidity
resolved · Dec 2016
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 347 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Brightspeed
Fiber
2,000 / 2,000
Spectrum
Cable
1,000 / 1,000
Watch TV
Fixed Wireless
400 / 40
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: MetaLINK Technologies.

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