506 E Market St, Lima, OH 45801 Property Records

Allen County property record for 506 E Market St, Lima, OH 45801

Property Summary

Property Type	Vehicle Sales & Rentals
Details	3,340 sqft · built 1949
Lot Size	0.482 acres (20,996 sqft)
Owner	Company Name on Record
Last Sale	$108,900 (Aug 2023)
Tax Bill	$2,477 (2025)
Deeds & Mortgages	Aug 2023 Sale Aug 2023 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`37-3108-08-020.000`

Property Details

APN / Parcel Number

Primary APN	`37-3108-08-020.000`
Alternative APN	`M3837310808020000`

Interior

Stories	1 Story
Building Area	3,340 sqft Gross Area
1st Floor Area	3,340 sqft

Exterior

Year Built	Built 1949
Effective Year Built	Effective 1977
Exterior Material	Combination
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	20,996 sqft (0.482 acres)
Lot Dimensions	200 ft deep x 105 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Heating Fuel	Gas
Sewer	Storm Sewer
Water Source	Commercial

Location & Zoning

Street Address	506 E MARKET ST
City	LIMA
State	OH
Zip	45801-4528
Property Category	Commercial
Property Type	Commercial > Retail > Vehicle Sales & Rentals
Legal Description	JOHN H BARRS ADDITION LOT 1190 W PT FF 105.00
Legal Subdivision	BARRS ADDITION
Legal Lot Number	1190
Jurisdiction	ALLEN OH
Township / Civil Division	LIMA
Census Block Group	1
Census Block	1040
Census Tract	14100

Owner

Source: Allen County records, as of July 15, 2026

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

Owner of Record	Company Name on Record
Mailing Address	506 E MARKET ST, LIMA, OH 45801-4528
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Aug 24, 2023	Warranty Deed, Transfer
Aug 24, 2023	Warranty Deed, Transfer
Dec 12, 2018	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 24, 2023 · Amount on Record
Deed Sale	Aug 24, 2023 · Amount on Record
Prior Sale	Apr 23, 2008 · Amount on Record
Deed Document Number	20237354
Prior Transfer Date	Sep 13, 2018
Prior Transfer Doc	12120013817
Record Updated	Oct 29, 2026

August 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEN OH
Recording Date	Aug 24, 2023
Property Address	506 E MARKET ST, LIMA, OH 45801-4528
Document Number	8240007351
Book / Page	2023 / 7351
Map Reference	MB 2 PG 32&33
Instrument Date	Aug 22, 2023
Instrument	202308240007351
Transaction Type	Transfer
Record Updated	Sep 4, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 E MARKET ST, LIMA, OH 45801-4528

August 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEN OH
Recording Date	Aug 24, 2023
Property Address	506 E MARKET ST, LIMA, OH 45801-4528
Document Number	8240007354
Book / Page	2023 / 7354
Map Reference	MB 2 PG 32&33
Instrument Date	Aug 22, 2023
Instrument	202308240007354
Transaction Type	Transfer
Record Updated	Sep 4, 2023

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 E MARKET ST, LIMA, OH 45801-4528

December 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	ALLEN OH
Recording Date	Dec 12, 2018
Property Address	506 E MARKET ST, LIMA, OH 45801-4528
Document Number	0000013817
Instrument Date	Sep 13, 2018
Instrument	13817
Transaction Type	Transfer
Record Updated	Dec 24, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	506 E MARKET ST LIMA OH 458014528, LIMA, OH 45801-4528

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Ohio
County	Allen County
Municipality	Lima City
Unified School District	Lima City School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,477.00 (-4.07%)	$40,920 (-) Land $7,390 Building $33,530	$116,900 (-) Land $21,100 Building $95,800
2024	$2,582.00 (+4.11%)	$40,920 (+9.97%) Land $7,390 Building $33,530	$116,900 (+9.97%) Land $21,100 Building $95,800
2023	$2,480.00 (-2.05%)	$37,210 (-) Land $6,720 Building $30,490
2022	$2,532.00	$37,210 Land $6,720 Building $30,490
2021			$106,300 Land $19,200 Building $87,100

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 June 20, 2024

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not 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 Risk	Low lower than 99.1% of the US · lower than 96% of Ohio
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	LIMA CITY serves 65,619 people · EPA ID OH0200811
Water Source	Surface water
Last State Inspection	Feb 2025
Lead	Under 1 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Treatment failure resolved · May 2026 Total trihalomethanes resolved · Apr 2024 Turbidity resolved · Dec 2016
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 201 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	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: Brightspeed, MetaLINK Technologies, TSC.

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