505 E Water St, Prospect, OH 43342 Property Records

Marion County property record for 505 E Water St, Prospect, OH 43342

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,295 sqft · built 1889
Lot Size0.142 acres (6,215 sqft)
OwnerIndividual Name on Record
Last Sale$78,500 (Aug 2014)
Tax Bill$1,686 (2025)
Flood ZoneZone X (minimal risk)
APN27-001001.9000

Property Details

APN / Parcel Number

Primary APN27-001001.9000

Interior

Bedrooms3 Beds
Full Baths1 Bath
Total Rooms7 Rooms
Stories2 Stories
Building Area1,295 sqft Living Area
1st Floor Area1,015 sqft
Upper Floors Area280 sqft
Interior WallsBlock

Exterior

Year BuiltBuilt 1889
Construction TypeFrame
Roof MaterialShingle
Lot Area6,215 sqft
Garage TypeDetached
Garage Area266 sqft

Utilities, Heating & Cooling

Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address505 E WATER ST
CityPROSPECT
StateOH
Zip43342-9724
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionGAST & DAVIS LOT 241 PG 14 101 1.00 190.00
Legal SubdivisionGAST & DAVISS ADD
Legal Lot Number241
JurisdictionMARION OH
Township / Civil DivisionPROSPECT
Census Block Group1
Census Block1035
Census Tract10500

Owner

Source: Marion County records, as of February 26, 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 Address505 E WATER ST, PROSPECT, OH 43342-9724
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 19, 2014 · Amount on Record
Deed SaleAug 19, 2014 · Amount on Record
Prior SaleApr 11, 2013 · Amount on Record
Deed Document Number0012960308
Deed Book / Page1296 / 308
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Marion County assessment roll, as of August 1, 2025

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$1,686.00 (+10.56%)$41,090 (+33.02%) Land $7,880 Building $33,210$117,400 (+33.02%) Land $22,510 Building $94,890
2024$1,525.00 (+0.93%)$30,890 (-) Land $8,250 Building $22,640
2023$1,511.00 (-0.33%)$30,890 (-) Land $8,250 Building $22,640
2022$1,516.00$30,890 Land $8,250 Building $22,640$88,260 Land $23,570 Building $64,690

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
minimal risk
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.

Nearby Properties on E Water St

Nearby Streets

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