4500 McPheron Rd, Lima, OH 45804
Property image
Property image
FOR SALE
5 ACRES

4500 McPheron Rd
Lima, OH 45804

  • 3 Beds
  • 2 Baths
  • 1,908 sqft (on 5 acres)

$335,000

Est. Mortgage $2,081/mo*

$335,000

Est. Mortgage $2,081/mo*
3 Beds
2 Baths
1,908 sqft
(on 5 acres)

Home Highlights

Parking
2 Car Garage
Climate Control
Heating & Cooling
Price/Sqft
$176
Listed
107 days ago

Local Information

  • Map ViewExplore the area around 4500 McPheron Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This charming, 3-bedroom, 2-bath, 1.5-story home offers approximately 1,908 sq.ft. of comfortable living space and blends classic character with thoughtful updates. Originally built in 1945 and remodeled in 1991, the home sits on a crawl space and has been exceptionally, well-maintained over the years. A welcoming front entry and generous interior layout offer flexibility for everyday living, with abundant natural light enhancing the home's warm, inviting atmosphere throughout. Recent improvements include a newer metal roof & siding completed in 2024, adding both value & piece of mind. This 5-acre property, consisting of 2 parcels, provides a perfect balance of privacy & natural beauty. Enjoy peaceful outdoor living with a stunning Lotus Plant pond and a spacious rear deck complete with pergola--ideal for relaxing or entertaining while taking in the tranquil surroundings. The property also features a convenient, 2-car attached garage and an impressive, 50x60 steel K-Building equipped with electric, propane heat, and water, making it perfect for a workshop, hobby space or extra storage. The home is equipped with an electric hot water heater and a propane hot water boiler system with central air conditioning for year-round comfort. An additional propane space heater in the living room provides extra warmth & coziness during the colder months. Located in the desirable, Perry School District, this property offers a rare combination of space, functionality & serene country living.

Home Details for 4500 McPheron Rd

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1908 Square Feet
Heating & Cooling
Heating: Propane,OtherHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Propane
Fireplace & Spa
No Fireplace

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Door Opener,Attached,Garage
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 107

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: See Remarks
Building
Does Not Include Home Warranty
Property Information
Parcel Number: 47140004005.000/47140004006.000

Price & Status

Price
List Price: $335,000Price Per Sqft: $176

Active Status

MLS Status: Active

Location

Direction & Address
City: Lima
School Information
High School District: Perry

Agent Information

Listing Agent
Listing ID: 309884

Building

Building Area
Building Area: 1908 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 309884
Last check for updates: about 14 hours ago
Listing courtesy of Randall Faulder, (419) 302-6455
Ron Spencer Real Estate
Source: WCAR OH, MLS#309884
Also Listed on WCAR OH.

Market trends in Lima

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$164K
$13K
MoM
Sale-to-List Price
98.5%
1.1%
MoM
Price per sq ft
$111
$11
MoM
Available listings
180
2
MoM

Price History for 4500 McPheron Rd

DatePriceEventSource
07/08/2026$335,000PendingToActiveWCAR OH #309884
06/08/2026$335,000PendingWCAR OH #309884
05/29/2026$335,000PendingToActiveWCAR OH #309884
05/15/2026$335,000PendingWCAR OH #309884
04/07/2026$335,000Listed For SaleWCAR OH #309884

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Property Tax and Assessment

Year2024
Tax$1,969
Assessment$176,300
Home facts updated by county records

Comparable Sales for 4500 McPheron Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Single-Family Home
$255,000
06/04/26
3
2
1,664
0.46
Single-Family Home
$575,000
02/23/26
3
2
1,409
0.65
Single-Family Home
$272,500
09/16/25
3
2
1,300
0.85
Single-Family Home
$276,000
02/27/26
3
2
1,920
1.47
Single-Family Home
$225,000
12/24/25
3
2
1,539
1.21
Single-Family Home
$263,000
08/05/25
4
2
2,052
1.08
Single-Family Home
$350,500
03/31/26
4
2
1,288
1.17
Single-Family Home
$278,000
04/10/26
3
2.5
1,846

Nearby homes

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Assigned Schools

These are the assigned schools for 4500 McPheron Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lima

At least 153 Trulia users voted on each feature.
  • 92 % Say car is needed

  • 82 % Say parking is easy

  • 80 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 72 % Say there are sidewalks

  • 69 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 42 % Say there's wildlife

  • 42 % Say people would walk alone at night

  • 41 % Say streets are well-lit

  • 39 % Say it's walkable to grocery stores

  • 37 % Say it's quiet

  • 27 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Virgo970
    "Very pet friendly. Lot of people walking dogs and enjoying the quiet neighborhood streets. Local park in walking distance. "
  • Aquintero
    "I feel safe in my neighborhood. I go for jogs, bike rides daily. It is a great place to raise a family."
  • Teresa E.
    "everyone walks their dogs and visit with neighbors while doing so. There are no problems with people walking their pets in our neighborhood everyone is friendly and gets along."
  • Connie S.
    "people look out for other people's dogs and genuinely care for their wellbeing it's a nice neighborhood "
  • Ellesun750
    "Simple, though kind of indirect. It’s easy to get to major spots, but might take catching a couple different buses or walking to get from point a to b."
  • Aaron
    "yes, you see dog walkers frequently in my neighborhood. it is also common for neighbors to know each other's dogs"
  • Tsinger1959@gmail.com
    "I just want too move to the country. I hate living in lima. neighbors are to close and to much crime. "
  • Pete P.
    "I have lived here in the Sharon Park division of America Township for 20 years. It was a great place to raise a family and the Shawnee school system is consistently ranked one of the best in the State of Ohio. "
  • Kayla M.
    "in my neighborhood not much goes on. maybe a 4th of July party but other than that nothing maybe a little shooting here and there but its simple hete."
  • Lynne W.
    "Some ‘dog-walkers’ carry a ‘poop’ sack w/then when they walk their dogs in the neighborhood (which is great)! Other people let their dogs ‘poop’ in people’s yards & are too lazy to ‘clean up the mess!! Nobody likes ‘stepping’ in a pile of ‘dog poop’! Yuck!! 😆👎"
  • Jmcph61
    "I live around family and just down the street is where I grew up. I still have friends living here so it’s a quiet neighborhood and I feel safe here"
  • Tonya H.
    "I have lived in my area for 13 years, and I have not had any issues. For the most part, the neighbors are really good."
  • Jaydenweltmer
    "I have lived in Lima for my whole life and I love everything about it. I love downtown and all of the parks "
  • Bbush6
    "This is a wonderful area to live in. Close to church, schools, shopping and restuarants. "
  • lizard45801
    "My husband & i have lived here 4 years. We've had very little problems. The house is great. Most of our neighbors are social. They have looked out for us since we've lived here. The only problems are: we have no stores that are really close for those who have to walk or ride a bus. Although, we do have a nice carry out on Vine St. & Saint Johns. Also, there's a gas station close on Saint Johns that's convienant. There are 3 close schools. I feel safe in letting my grand kid play in the yard. Our neighborhood is safe & friendly. We can have cook outs & lots of fun. We sit by the fire at night in the summer & listen to music. Won't you be my neighbor?"
  • Cullen C.
    "This is a very community oriented area in a fast improving and upcoming community in one of the untapped gems of the Lima/Allen county area of OH. Great value. Hidden Gem."
  • Annmelissa_7
    "My husband and I have lived a lot of places all over the country. Living in Bath Township has been amongst our favorite places to live. It's quiet, friendly, safe, and open. We have appreciated the solid educational foundation the schools have given to our children, and the community itself seems to care about our children. Even though we are not from Bath, we have loved living here."
  • Tmneu
    "Low traffic, great for children!"

LGBTQ Local Legal Protections

Randall Faulder, Ron Spencer Real Estate
Agent Phone: (419) 302-6455
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
4500 McPheron Rd, Lima, OH 45804 is a 3 bedroom, 2 bathroom, 1,908 sqft single-family home built in 1945. This property is currently available for sale and was listed by WCAR OH on Apr 7, 2026. The MLS # for this home is MLS# 309884.