557 Prospect Ave, Lima, OH 45804 Property Records

Allen County property record for 557 Prospect Ave, Lima, OH 45804

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 792 sqft · built 1940
Lot Size	0.162 acres (7,057 sqft)
Owner	Company Name on Record
Last Sale	$9,000 (Feb 2019)
Tax Bill	$259 (2025)
Deeds & Mortgages	Mar 2024 Line of Credit Feb 2019 Sale
Flood Zone	Zone X (minimal risk)
APN	`37-3112-02-018.000`

Property Details

APN / Parcel Number

Primary APN	`37-3112-02-018.000`
Alternative APN	`M3837311202018000`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	1 Story
Building Area	792 sqft Living Area
Gross Area	1,488 sqft
1st Floor Area	792 sqft
Basement Area	696 sqft

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Architectural Style	Conventional
Exterior Material	Brick/Stone
Construction Type	Masonry / Concrete Block
Lot Area	7,057 sqft (0.162 acres)
Lot Dimensions	150 ft deep x 47 ft wide
Garage Type	Detached
Garage Area	280 sqft
Parking Spaces	1 Parking Space
Porch	Open Frame Porch
Porch Area	56 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Central
Heating Fuel	Gas
Sewer	Storm Sewer
Water Source	Commercial

Location & Zoning

Street Address	557 PROSPECT AVE
City	LIMA
State	OH
Zip	45804-1455
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	T K JACOBS 17TH ADDITION LOT 12089 S SIDE & 12090 FF 46.70
Legal Subdivision	T K JACOBS 17TH ADDITION
Legal Lot Number	12089
Jurisdiction	ALLEN OH
Township / Civil Division	LIMA
Census Block Group	1
Census Block	1013
Census Tract	12700

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	557 PROSPECT AVE, LIMA, OH 45804-1455
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 22, 2024	Deed of Trust, Mortgage · Line of Credit THE UNION BANK CO
Feb 4, 2019	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 4, 2019 · Amount on Record
Deed Sale	Feb 4, 2019 · Amount on Record
Prior Sale	Apr 4, 2000 · Amount on Record
Deed Document Number	2019960
Deed Book / Page	2019 / 960
Record Updated	Sep 20, 2026

March 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ALLEN OH
Property Address	557 PROSPECT AVE, LIMA, OH 45804-1455
Transaction Type	Mortgage
Record Updated	Apr 9, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	3220002390
Date	Mar 22, 2024
Book Page	2024/2390
Instrument	202403220002390

Lender

Name	THE UNION BANK CO
Type	Bank
Address	701 SHAWNEE RD, LIMA, OH 45805

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	120 Months
Due	Mar 21, 2034

Interest

Rate Type	Adjustable Rate

February 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEN OH
Recording Date	Feb 4, 2019
Property Address	557 PROSPECT AVE, LIMA, OH 45804-1455
Document Number	0000000960
Book / Page	002019 / 000960
Instrument Date	Feb 4, 2019
Instrument	960
Transaction Type	Transfer
Record Updated	Feb 12, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$27.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	350 W 37TH ST #4J NEW YORK NY 100182539, 4J, NEW YORK, NY 10018-2539

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	$259.00 (-16.18%)	$5,430 (-) Land $1,160 Building $4,270	$15,500 (-) Land $3,300 Building $12,200
2024	$309.00 (-4.92%)	$5,430 (+5.44%) Land $1,160 Building $4,270	$15,500 (+5.44%) Land $3,300 Building $12,200
2023	$325.00 (-13.33%)	$5,150 (-) Land $1,090 Building $4,060
2022	$375.00	$5,150 Land $1,090 Building $4,060
2021			$14,700 Land $3,100 Building $11,600

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 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 550 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
AT&T Fixed Wireless	100 / 20

May also be available: TSC.

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