516 Nova St, #522, Lima, OH 45804 Property Records

Allen County property record for 516 Nova St, #522, Lima, OH 45804

Property Summary

Property Type	Apartments (5+ Units)
Details	3,848 sqft · built 1941
Lot Size	0.212 acres (9,235 sqft)
Owner	Company Name on Record
Last Sale	$1,100,000 (Mar 2020)
Tax Bill	$1,893 (2025)
Deeds & Mortgages	Feb 2022 Line of Credit Mar 2020 Sale & Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`47-0612-06-008.000`

Property Details

APN / Parcel Number

Primary APN	`47-0612-06-008.000`
Alternative APN	`M3847061206008000`

Interior

Stories	1 Story
Building Area	3,848 sqft Living Area
1st Floor Area	3,848 sqft

Exterior

Year Built	Built 1941
Effective Year Built	Effective 2002
Exterior Material	Combination
Construction Type	Wood
Lot Area	9,235 sqft (0.212 acres)
Lot Dimensions	97 ft deep x 95 ft wide

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	516 NOVA ST, 522
City	LIMA
State	OH
Zip	45804-2551
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	SOUTHVIEW ADDITION LOT 19524 & 19525 FF 47.50
Legal Subdivision	SOUTHVIEW ADDITION
Legal Lot Number	19524
Jurisdiction	ALLEN OH
Township / Civil Division	LIMA
Census Block Group	1
Census Block	1037
Census Tract	13800

Owner

Source: Allen County records, 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 Record	Company Name on Record
Mailing Address	516 NOVA ST, 522, LIMA, OH 45804-2551
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 1, 2022	Deed of Trust, Mortgage · Line of Credit THE UNION BANK CO
Mar 2, 2020	Warranty Deed, Transfer · Line of Credit UNION BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 2, 2020 · Amount on Record
Deed Sale	Mar 2, 2020 · Amount on Record
Prior Sale	Jun 22, 1999 · Amount on Record
Deed Document Number	20202265
Deed Book / Page	2020 / 2265
Prior Transfer Date	Feb 26, 2020
Prior Transfer Doc	3020002265
Record Updated	Oct 29, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN OH
Property Address	516 NOVA ST # 522, 522, LIMA, OH 45804-2551
Transaction Type	Mortgage
Record Updated	Sep 22, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2010001190
Date	Feb 1, 2022
Book Page	2022/1190
Instrument	202202010001190

Lender

Name	THE UNION BANK CO
Type	Bank
Address	LIMA, OH 45805

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	119 Months
Due	Jan 28, 2032

Interest

Rate Type	Adjustable Rate

March 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEN OH
Recording Date	Mar 2, 2020
Property Address	516 NOVA ST # 522, 522, LIMA, OH 45804-2551
Document Number	0000002265
Instrument Date	Feb 26, 2020
Instrument	2265
Transaction Type	Transfer
Record Updated	Mar 19, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,300.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	516-518 NOVA ST LIMA OH 458042551, LIMA, OH 45804-2551

Mortgage

Document Number	2266
Date	Mar 2, 2020
Instrument	2266

Lender

Name	UNION BK
Type	Bank
Address	LIMA, OH 45805

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Mar 1, 2030

Interest

Rate Type	Adjustable Rate

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	$1,893.00 (+92.97%)	$17,220 (-) Land $2,660 Building $14,560	$49,200 (-) Land $7,600 Building $41,600
2024	$981.00 (+1.13%)	$17,220 (+10.03%) Land $2,660 Building $14,560	$49,200 (+10.07%) Land $7,600 Building $41,600
2023	$970.00 (+0.62%)	$15,650 (-) Land $2,420 Building $13,230
2022	$964.00	$15,650 Land $2,420 Building $13,230
2021			$44,700 Land $6,900 Building $37,800

Assessed value is set for property tax purposes, not a market price estimate; it is 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
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	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	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 524 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Brightspeed Fiber	2,000 / 2,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Watch TV Fixed Wireless	400 / 40
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: TSC.

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