Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$141,399$97 / 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 79How 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

503 E WATER ST

PROSPECT, OH 43342
3
Beds
1
Baths
1,464 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$141K
$111K low$172K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,015 (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.$49,090 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,880
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$41,210
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$39,190
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$140,250

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.1 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMarion
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Shingle
HeatingThe type of heating system in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
Elgin Middle SchoolC+
Middle · Grades 6–8 · 8.8 mi
E
Elgin Elementary SchoolB-
Elementary · Grades KG–5 · 8.8 mi
H
Elgin High SchoolB+
High · Grades 9–12 · 8.8 mi

District: Elgin Local School District

Neighborhood · ZIP 43342These 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.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.168
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.3,422
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.87 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$83,481
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$101,298
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

Owner Tools

Do you own this home?
Claim this home

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

503 E Water St 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 90% of homes in Prospect 43342
  • Costs less per square foot than 90% of homes in Prospect 43342
  • Has a smaller lot than 91% of homes in Prospect 43342
  • Older than 69% of homes in Prospect 43342

What homes are worth in Prospect 43342

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

This home
$86K$558K

This home is worth more than 10% of homes in Prospect 43342.

How it measures up in Prospect 43342

The dot is this home. The mark in the middle is the typical home in Prospect 43342.

Estimated value$141,399
CheaperTypical $234,900Pricier

Pricier than 10% of homes nearby

Price per ft²$97
CheaperTypical $151Pricier

Pricier than 10% of homes nearby

Living area1,464 ft²
SmallerTypical 1,592 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.14 ac
SmallerTypical 1.02 acBigger

Bigger than 9% of homes nearby

Year built1950
OlderTypical 1973Newer

Newer than 31% of homes nearby

How 503 E Water St ranks against every home in each area.
MeasureThis homeProspect 43342Marion County
Estimated valuepricier than$141,39910% of homes41% of homes
Price per ft²pricier than$9710% of homes34% of homes
Living areabigger than1,464 ft²40% of homes56% of homes
Lot sizebigger than0.14 ac9% of homes23% of homes
Year builtnewer than195031% of homes38% of homes

About 503 E Water St

How much is 503 E Water St, Prospect, OH worth?

The TopHap Estimate for 503 E Water St, Prospect, OH is $141,399 as of Sep 24, 2026. The likely range is $111,039 to $171,759. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 503 E Water St, Prospect, OH?

503 E Water St, Prospect, OH has 3 bedrooms, 1 bathrooms and 1,464 square feet of living space.

When was 503 E Water St, Prospect, OH built?

503 E Water St, Prospect, OH was built in 1950, making it 76 years old. The building has 2 stories.

What schools serve 503 E Water St, Prospect, OH?

503 E Water St, Prospect, OH is assigned to Elgin Middle School (middle), rated C+; Elgin Elementary School (elementary), rated B-; Elgin High School (high), rated B+. All sit in Elgin Local School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 503 E Water St, Prospect, OH compare to other homes in Prospect 43342?

Among the 1,464 homes in Prospect 43342, it is worth more than 10% of them ($141,399 against a typical $234,900), its price per square foot is higher than 10% of them ($97 against a typical $151), it is bigger than 40% of them (1,464 ft² against a typical 1,592 ft²), its lot is bigger than 9% of them (0.14 ac against a typical 1.02 ac) and it is newer than 31% of them (1950 against a typical 1973). Measured against all of Marion County, it is worth more than 41% 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 503 E Water St, Prospect, OH?

The 2025 property tax bill for 503 E Water St, Prospect, OH was $2,015. The county assessed it at $49,090.

More homes on E Water St

Closest homes

More homes in Prospect 43342

Assigned schools

Explore the area

See this home in context

Open 503 E Water St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map