542 Prospect Ave, Lima, OH 45804 Property Records

Allen County property record for 542 Prospect Ave, Lima, OH 45804 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	1.5 Baths
Year Built	Built 1919
Square Footage	1,716 sqft Living Area
Lot Size	7,187 sqft (0.165 acres)
Garage	Detached, 324 sqft
Occupancy	Owner Occupied
Tax Bill	$271.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`37-3112-05-029.000`
Alternative APN	`M3837311205029000`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Total Rooms	7 Rooms
Building Area	1,716 sqft Living Area
Gross Area	2,704 sqft Gross Area
1st Floor	988 sqft 1st Floor
Upper Floors	728 sqft Upper Floors
Basement Area	988 sqft Basement
Stories	2 Stories

Exterior

Year Built	Built 1919
Effective Year Built	Effective 1919
Architectural Style	Conventional Style
Exterior Material	Wood Exterior
Construction Type	Frame Construction
Lot Area	7,187 sqft (0.165 acres)
Depth X Width	150 ft x 48 ft Depth x Width
Parking Spaces	1 Parking Spaces
Garage Type	Detached Garage
Garage Area	324 sqft Garage

Exterior Amenities

Shed	1 Shed
Shed Area	90 sqft Shed
Patio Area	165 sqft Patio
Porch Area	256 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating
Heating Fuel	Gas Heating Fuel
Sewage	Storm Sewage
Water Source	Commercial Water Source

Location & Zoning

Street Address	542 PROSPECT AVE
City	LIMA
State	OH
Zip	45804-1456
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	T K JACOBS 17TH ADDITION LOT 12085 FF 47.80
Legal Subdivision	T K JACOBS 17TH ADDITION
Legal Lot Number	12085
Jurisdiction	ALLEN OH
Minor Civil Division	LIMA
Census Blockgroup	1
Census Block	1012
Census Tract	12700

Owner

Source: Allen County records · APN 37-3112-05-029.000

Assessment roll updated May 21, 2026 · Last verified June 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 File
Mailing Address	542 PROSPECT AVE, LIMA, OH 45804-1456
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Jan 01, 1990
Deed Sale	Jan 01, 1990
Record Refreshed	Sep 20, 2026

January 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	ALLEN OH
Recording Date	Jan 31, 2022
Property Address	542 PROSPECT AVE, LIMA, OH 45804-1456
Document Number	1310001121
Book / Page	2022 / 1121
Instrument Date	Jan 18, 2022
Instrument	202201310001121
Transaction Type	Transfer
Record Updated	Mar 06, 2026

Transaction

Tax	$0.00
Amount Accuracy	Zero or No Consideration Stated
Additional	Interfamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants In Common
Address	542 PROSPECT AVE, LIMA, OH 45804-1456
Investor	Possibly a Property Investor

Tax Assessment & Valuation

Source: Allen County records · Assessment roll updated May 21, 2026 · Last verified June 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$271.00 (-3.56%)	$16,070 (-) Land $1,190 Building $14,880	$45,900 (-) Land $3,400 Building $42,500
2024	$281.00 (-8.47%) Homeowner's exemption	$16,070 (+5.03%) Land $1,190 Building $14,880	$45,900 (+5.03%) Land $3,400 Building $42,500
2023	$307.00 (-4.95%) Homeowner's exemption	$15,300 (-) Land $1,120 Building $14,180
2022	$323.00 Homeowner's exemption	$15,300 Land $1,120 Building $14,180
2021			$43,700 Land $3,200 Building $40,500