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Single Family ResidenceResidential
$29,011$17 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 62How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $36,500 on Nov 23, 1998

502 PROSPECT AVE

LIMA, OH 45804
3
Beds
1
Baths
1,698 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$29K
$18K low$40K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$36,500 · Nov 23, 1998

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,039 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$19,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,450
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$17,050
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$55,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyALLEN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2000
Lot (acres)The size of the land the home sits on, from county records.0.34
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 160 ft²Patio · 160 ft²Porch · 150 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Freedom Elementary SchoolC
Elementary · Grades PK–4 · 0.2 mi
H
Lima Senior High SchoolD-
High · Grades 9–12 · 0.5 mi
M
Lima South Science-Technology Magnet K-8B+
Middle · Grades KG–8 · 0.6 mi

District: Lima City School District

Neighborhood · ZIP 45804These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.142
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.192
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.68

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.2%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.15,728
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.597 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$48,130
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,283
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

502 Prospect Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 97% of homes in Allen County
  • Among the lowest price per square foot in Allen County
  • Bigger than 79% of homes in Lima 45804
  • Has a bigger lot than 80% of homes in Lima 45804
  • Older than 98% of homes in Allen County

What homes are worth in Lima 45804

Each bar is how many homes fall in that price range. The marker is this home.

This home
$19K$320K

This home is worth more than 18% of homes in Lima 45804.

How it measures up in Lima 45804

The dot is this home. The mark in the middle is the typical home in Lima 45804.

Estimated value$29,011
CheaperTypical $52,829Pricier

Pricier than 18% of homes nearby

Price per ft²$17
CheaperTypical $46Pricier

Pricier than 3% of homes nearby

Living area1,698 ft²
SmallerTypical 1,272 ft²Bigger

Bigger than 79% of homes nearby

Lot size0.34 ac
SmallerTypical 0.19 acBigger

Bigger than 80% of homes nearby

Year built1900
OlderTypical 1946Newer

Newer than 5% of homes nearby

How 502 Prospect Ave ranks against every home in each area.
MeasureThis homeLima 45804Allen County
Estimated valuepricier than$29,01118% of homes3% of homes
Price per ft²pricier than$173% of homesalmost no homes
Living areabigger than1,698 ft²79% of homes59% of homes
Lot sizebigger than0.34 ac80% of homes53% of homes
Year builtnewer than19005% of homes2% of homes

About 502 Prospect Ave

How much is 502 Prospect Ave, Lima, OH worth?

The TopHap Estimate for 502 Prospect Ave, Lima, OH is $29,011 as of Sep 24, 2026. The likely range is $18,126 to $39,896. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 502 Prospect Ave, Lima, OH last sell?

502 Prospect Ave, Lima, OH last sold on Nov 23, 1998 for $36,500, according to the county's recorded deed.

How big is 502 Prospect Ave, Lima, OH?

502 Prospect Ave, Lima, OH has 3 bedrooms, 1 bathrooms, 1,698 square feet of living space and a 0.34-acre lot.

When was 502 Prospect Ave, Lima, OH built?

502 Prospect Ave, Lima, OH was built in 1900, making it 126 years old. It is a conventional home. The building has 2 stories.

What schools serve 502 Prospect Ave, Lima, OH?

502 Prospect Ave, Lima, OH is assigned to Freedom Elementary School (elementary), rated C; Lima Senior High School (high), rated D-; Lima South Science-Technology Magnet K-8 (middle), rated B+. All sit in Lima City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 502 Prospect Ave, Lima, OH compare to other homes in Lima 45804?

Among the 6,529 homes in Lima 45804, it is worth more than 18% of them ($29,011 against a typical $52,829), its price per square foot is higher than 3% of them ($17 against a typical $46), it is bigger than 79% of them (1,698 ft² against a typical 1,272 ft²), its lot is bigger than 80% of them (0.34 ac against a typical 0.19 ac) and it is newer than 5% of them (1900 against a typical 1946). Measured against all of Allen County, it is worth more than 3% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 502 Prospect Ave, Lima, OH?

The 2025 property tax bill for 502 Prospect Ave, Lima, OH was $1,039. The county assessed it at $19,500.

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Assigned schools

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