505 Prospect Ave, Lima, OH 45804
OFF MARKET

505 Prospect Ave
Lima, OH 45804

  • 2 Beds
  • 1 Bath
  • 1,468 sqft

$54,900

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $403/mo*
Refinance Your Home

$54,900

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $403/mo*
Refinance Your Home
2 Beds
1 Bath
1,468 sqft

Local Information

  • Map ViewExplore the area around 505 Prospect Ave.
  • Schools1 Preschool School4 Elementary Schools3 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Main floor bedroom and bath. Breaker box 2017. Some new windows. Property may be purchased as package with 524 Prospect Ave. for $69,000. Firm
505 Prospect Ave, Lima, OH 45804 is a 2 bedroom, 1 bathroom, 1,468 sqft single-family home built in 1912. It last sold for $70,000 on Sep 11, 2020. It is currently off market. The Trulia Estimate is $54,900, with a rent estimate of $1,133/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 505 Prospect Ave

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
Exterior: OtherPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 6011 sqft

Price History for 505 Prospect Ave

DatePriceEventSource
09/11/2020$70,000Sold
WCAR OH #201868
09/01/2020$35,500PendingAgent Provided
06/18/2020$35,500Listed For SaleAgent Provided
05/13/1998$21,500Sold
N/A

Market trends in Lima

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$151K
$24.17KMoM
Sale-to-List Price
97.4%
1.2%MoM
Price per sq ft
$100
$18MoM
Available listings
178
2MoM
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Property Tax and Assessment

Year2024
Tax$452
Assessment$31,400
Home facts updated by county records

Comparable Sales for 505 Prospect Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
323 Calumet Ave, Lima, OH
0.12
Single-Family Home
$55,000
10/14/25
2
1
960
532 Orena Ave, Lima, OH
0.22
Single-Family Home
$54,000
09/23/25
2
1
824
616 Harrison Ave, Lima, OH
0.18
Single-Family Home
$95,000
08/13/25
4
1
1,656
651 S Dana Ave, Lima, OH
0.46
Single-Family Home
$50,000
06/25/26
3
1
1,447
600 Dingledine Ave, Lima, OH
0.55
Single-Family Home
$75,000
01/16/26
2
1
1,104
638 Harrison Ave, Lima, OH
0.22
Single-Family Home
$27,000
02/09/26
3
1
1,256
1580 Linden St, Lima, OH
0.55
Single-Family Home
$93,000
09/18/25
2
1
1,284
620 E Elm St, Lima, OH
0.31
Single-Family Home
$127,000
12/02/25
4
1
1,792
553 Orena Ave, Lima, OH
0.24
Single-Family Home
$18,000
06/05/26
2
1
824
422-428 Prospect Ave, Lima, OH
0.09
Single-Family Home
$25,000
02/04/26
4
1
1,486

Nearby homes

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Assigned Schools

These are the assigned schools for 505 Prospect Ave.
View nearby schools on GreatSchools
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. "
    3
    Flag
  • Aquintero
    "I feel safe in my neighborhood. I go for jogs, bike rides daily. It is a great place to raise a family."
    0
    Flag
  • 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."
    15
    Flag
  • Connie S.
    "people look out for other people's dogs and genuinely care for their wellbeing it's a nice neighborhood "
    1
    Flag
  • 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."
    1
    Flag
  • Aaron
    "yes, you see dog walkers frequently in my neighborhood. it is also common for neighbors to know each other's dogs"
    0
    Flag
  • Tsinger1959@gmail.com
    "I just want too move to the country. I hate living in lima. neighbors are to close and to much crime. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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."
    4
    Flag
  • 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!! 😆👎"
    5
    Flag
  • 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"
    5
    Flag
  • 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."
    4
    Flag
  • Jaydenweltmer
    "I have lived in Lima for my whole life and I love everything about it. I love downtown and all of the parks "
    4
    Flag
  • Bbush6
    "This is a wonderful area to live in. Close to church, schools, shopping and restuarants. "
    0
    Flag
  • 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?"
    8
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag
  • Tmneu
    "Low traffic, great for children!"
    0
    Flag

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Homes for sale near 505 Prospect Ave

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Off Market Homes Near 505 Prospect Ave

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