509 E Water St, Prospect, OH 43342 Property Records

Marion County property record for 509 E Water St, Prospect, OH 43342

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,101 sqft · built 1902
Lot Size	0.138 acres (6,003 sqft)
Owner	2 Individual Names on Record
Last Sale	$57,500 (May 2023)
Tax Bill	$1,606 (2025)
Deeds & Mortgages	May 2023 Transfer May 2023 Sale & Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`27-0010018.800`

Property Details

APN / Parcel Number

Primary APN	`27-0010018.800`
Alternative APN	`060000200`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,101 sqft Living Area
1st Floor Area	800 sqft
Upper Floors Area	301 sqft
Flooring	Carpet
Interior Walls	Block

Exterior

Year Built	Built 1902
Effective Year Built	Effective 1902
Construction Type	Frame
Roof Material	Other
Lot Area	6,003 sqft (0.138 acres)
Garage Type	Detached
Garage Area	392 sqft

Utilities, Heating & Cooling

Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	509 E WATER ST
City	PROSPECT
State	OH
Zip	43342-9724
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	GAST & DAVIS LOT 239 PG 14 101 1.00 188.00
Legal Subdivision	GAST & DAVIS
Legal Lot Number	239
Jurisdiction	MARION OH
Township / Civil Division	PROSPECT
Census Block Group	1
Census Block	1035
Census Tract	10500

Owner

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	2 Individual Names on Record
Mailing Address	509 E WATER ST, PROSPECT, OH 43342-9724
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Remainderman

Deeds, Mortgages & Sale History

Date	Document
May 12, 2023	Affidavit of Death of Joint Tenant, Transfer
May 12, 2023	Warranty Deed, Transfer · Line of Credit THE RICHWOOD BANKING CO
Oct 3, 2017	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 12, 2023 · Amount on Record
Deed Sale	May 12, 2023 · Amount on Record
Prior Sale	Dec 18, 2012 · Amount on Record
Deed Document Number	20232483
Deed Book / Page	1658 / 305
Record Updated	Sep 20, 2026

May 2023: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	MARION OH
Recording Date	May 12, 2023
Property Address	509 E WATER ST, PROSPECT, OH 43342-9724
Document Number	0016580303
Book / Page	1658 / 303
Instrument Date	Apr 28, 2023
Instrument	2023-02482
Transaction Type	Transfer
Record Updated	May 31, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION OH
Recording Date	May 12, 2023
Property Address	509 E WATER ST, PROSPECT, OH 43342-9724
Document Number	0016580305
Book / Page	1658 / 305
Instrument Date	Apr 28, 2023
Instrument	2023-02483
Transaction Type	Transfer
Record Updated	May 31, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Right of Survivorship
Address	509 E WATER ST, PROSPECT, OH 43342-9724

Mortgage

Document Number	0202302484
Date	May 12, 2023
Instrument	2023-02484

Lender

Name	THE RICHWOOD BANKING CO
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	May 1, 2033

October 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARION OH
Recording Date	Oct 3, 2017
Property Address	509 E WATER ST, PROSPECT, OH 43342-9724
Document Number	0014090223
Book / Page	001409 / 000223
Instrument Date	Sep 23, 2017
Instrument	6281
Transaction Type	Transfer
Record Updated	Oct 31, 2017

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	1965 RICHLAND RD MARION OH 433028385, MARION, OH 43302-8385

Tax Assessment & Valuation

Source: Marion County assessment roll, as of February 9, 2026

Property Jurisdictions

Type	Name
State	Ohio
County	Marion County
County Subdivision	Prospect Township
Municipality	Prospect Village
Unified School District	Elgin Local School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,606.00 (+9.55%)	$39,140 (+31.74%) Land $7,880 Building $31,260	$111,820 (+31.74%) Land $22,510 Building $89,310
2024	$1,466.00 (+0.89%)	$29,710 (-) Land $8,250 Building $21,460
2023	$1,453.00 (-0.34%)	$29,710 (-) Land $8,250 Building $21,460
2022	$1,458.00	$29,710 Land $8,250 Building $21,460	$84,880 Land $23,570 Building $61,310

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 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	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 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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

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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