Section Image Section Image

Explore Similar Townhomes Within 25 Miles of Lima, OH

  • /41

    $244,900

    • 2 Beds
    • 1.5 Baths
    • 900 Sq Ft

    218 Warren Ave Unit 8, Russells Point, OH 43348

    FULLY FURNISHED and remodeled end-unit condo on Indian Lake! Enjoy expansive water views & incredible sunsets. Inside features 2 beds, 1.5 baths, & a beautiful kitchen with stainless steel appliances. The owner's bedroom features a walk-in closet & private balcony overlooking the water. You'll love the convenience of the new ventless washer/dryer combo. In front of the condo you'll find the

    Agent Photo

    Paige Duff

    Choice Properties Real Estate

    (937) 907-1143

    218 Warren Ave Unit 8, Russells Point, OH 43348

Why Live in Lima

Lima's cultural scene centers around the Veterans Memorial Civic and Convention Center, which hosts diverse performances throughout the year. Art lovers frequent ArtSpace/Lima for rotating exhibitions, while history buffs explore the Allen County Museum's extensive local collections. The city's outdoor spaces include Ottawa Metro Park with its tranquil lakes and walking trails, plus Schoonover Park featuring a public pool and playground. The Johnny Appleseed Metropolitan Park District maintains several recreational areas, including the Lippincott Bird Sanctuary for nature observation. Local dining ranges from upscale American cuisine at The Met in the historic Metropolitan Block to authentic Mexican fare at El Cazador.

The Lima housing market presents affordable options across multiple neighborhoods. Single family homes make up the primary housing stock, with a median price of $180,000 citywide. The Lakewood West neighborhood commands the highest median single family home price at $180,000, while Fifth Ward presents more affordable options with a median of $43,300. Condominiums provide additional choices, with one bedroom units at a median price of $70,000 and two bedroom units at $152,000.

The cost of living in Lima sits 7.6% below the national average. A family with school age children needs approximately $98,000 annually to live comfortably, while renters require about $51,000. Property taxes in Allen County stand at 1.13%, comparing favorably to nearby Findlay at 1% and Wapakoneta at 0.96%. The local income tax rate is 1.50%. Education options include the A rated Maplewood Elementary School and Lima Central Catholic High School, rated B plus. The Ohio State University Lima Campus serves higher education needs. The Allen County Regional Transit Authority provides public transportation throughout the region.

Home Trends in Lima, OH

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$59,900
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$77,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
10
Last 12 months Home Sales
110
Months of Supply
1.10
Median List Price
$99,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
18%
How to Buy a Home How to Finance a Home How to Sell a Home