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Sign Up NowProperty Report for 505 Mcpheron Ave, Lima, OH 45804
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Property Details
- Property Address 505 Mcpheron Ave, Lima, OH 45804
- County Allen
- Parcel ID 37-3112-08-022.000
- Legal description MCPHERON & PHILLIPS 2ND ADDITION LOT 3264 JOINT TEN FF 50.00
- School district Lima City School District
- Acreage 0.21
- Property class Single Family Residence
- Zoning Subscribe
- Square footage 924
- Year built 1920
- Bedrooms 2
- Bathrooms 1
About the Property
505 Mcpheron Ave is a single family residence in the city of Lima, OH 45804. Located in the Lima City School District, which resides in Allen County, OH and built in 1920. This Single Family Residence sits on a 9,365 sq ft lot and features 2 bedrooms, 1 bathrooms and 924 sq ft of living space.
The most recent property tax for 505 Mcpheron Ave was $337 with an estimated market value range of $49,317 to $54,508. This property was last sold on November 06, 2017 for $18,000.
Property Info
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Flood
Legal
- MCPHERON & PHILLIPS 2ND ADDITION LOT 3264 JOINT TEN FF 50.00
- Classification SINGLE FAMILY RESIDENCE
- County ALLEN
- FIPS 39003
- Civil Division LIMA
- Census 390030127.002026
- Parcel ID 37-3112-08-022.000
- Neighborhood MCPHERON & PHILLIPS 2ND ADDITION
- Tract 0
- Secondary School District N/A
- Primary School District Lima City School District
Ownership
Land
- Acres 0.21
- Square Feet 9,365
Building
- Units N/A
- Year Built 1920
- Effective Year Built 2020
- Stories 2
- # Fireplaces N/A
- Garage/Carport 198 sq.ft.
Utilities
- Cooling N/A
- Heating Yes
Interior
- Square Footage
- Living Area 924
- Total Rooms 6
- Bedrooms 2
- Total Bathrooms 1
- Full Bathrooms 1
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Start Free TrialLima Residential Market Stats
Median Sale Price
$210,000
+8.5% YoY
Median Price/sq ft.
$133
Allen County Median Sale Price
$210,000
+8.5% YoY
See more Real Estate Trends for Lima including home values, types of properties sold and transaction volumes.
Taxes and Assessments for 505 Mcpheron Ave, Lima
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2024 | $337 (-11.1%) | $7,910 (+5%) | |
| 2023 | $379 (-48.1%) | $7,530 | |
| 2022 | $731 (+92.1%) | $7,530 | |
| 2021 | |||
| 2020 | |||
| 2019 | |||
| 2018 |
Sales History for 505 Mcpheron Ave, Lima
The most recent sale on 505 Mcpheron Ave took place on Nov 03, 2017 and recorded on Nov 06, 2017 for $18,000.
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| Sale Date | Recorded Date | Buyer(s) | Seller(s) | Price | Document ID |
|---|---|---|---|---|---|
Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
| Address | Distance | SqFt | Sale Date | Price | $/SqFt |
|---|---|---|---|---|---|
| 1106 N CENTRAL AVE | 1.7 mi | 994 | 08/29/2025 | $43,000 | $43 |
| 722 RUTH AVE | 2.26 mi | 744 | 08/28/2025 | $26,433 | $36 |
| 1908 BURCH AVE | 2.38 mi | 1,008 | 08/27/2025 | $106,400 | $106 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Find the Most Accurate Comparables
Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.