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Sign Up NowProperty Report for 551 N Mcdonel St, Lima, OH 45801
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Property Details
- Property Address 551 N Mcdonel St, Lima, OH 45801
- County Allen
- Parcel ID 36-2512-02-041.000
- Legal description MICHAEL WELSCHS ADDITION LOT 5625 FF 40.00
- School district Lima City School District
- Acreage 0.11
- Property class Single Family Residence
- Zoning Subscribe
- Square footage 1,610
- Year built 1910
- Bedrooms 4
- Bathrooms 2
About the Property
551 N Mcdonel St is a single family residence in the city of Lima, OH 45801. Located in the Lima City School District, which resides in Allen County, OH and built in 1910. This Single Family Residence sits on a 5,009 sq ft lot and features 4 bedrooms, 2 bathrooms and 1,610 sq ft of living space.
The most recent property tax for 551 N Mcdonel St was $701 with an estimated market value range of $48,957 to $54,110. This property was last sold on March 19, 1998 for $9,000.
Property Info
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Flood
Legal
- MICHAEL WELSCHS ADDITION LOT 5625 FF 40.00
- Classification SINGLE FAMILY RESIDENCE
- County ALLEN
- FIPS 39003
- Civil Division LIMA
- Census 390030123.001022
- Parcel ID 36-2512-02-041.000
- Neighborhood MICHAEL WELSCHS ADDITION
- Tract 0
- Secondary School District N/A
- Primary School District Lima City School District
Ownership
Land
- Acres 0.11
- Square Feet 5,009
Building
- Units N/A
- Year Built 1910
- Effective Year Built N/A
- Stories 2
- # Fireplaces N/A
- Garage/Carport N/A
Utilities
- Cooling N/A
- Heating Yes
Interior
- Square Footage
- Living Area 1,610
- Total Rooms 7
- Bedrooms 4
- Total Bathrooms 2
- Full Bathrooms 2
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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 551 N Mcdonel St, Lima
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2024 | $701 (+28.2%) | $15,200 (+26.9%) | |
| 2023 | $547 (-0.3%) | $11,980 | |
| 2022 | $548 (-30%) | $11,980 | |
| 2021 | |||
| 2020 | |||
| 2019 | |||
| 2018 |
Sales History for 551 N Mcdonel St, Lima
The most recent sale on 551 N Mcdonel St took place on Mar 19, 1998 and recorded on Mar 19, 1998 for $9,000.
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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 |
|---|---|---|---|---|---|
| 1619 N WEST ST | 1.24 mi | 1,344 | 09/04/2025 | $110,000 | $82 |
| 806 TREMONT AVE | .55 mi | 1,303 | 09/03/2025 | $155,000 | $119 |
| 319 NYE ST | .81 mi | 1,511 | 08/21/2025 | $247,800 | $164 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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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.