1103 Franklin St Lima, OH 45804
Fifth Ward NeighborhoodEstimated payment $0/month
Highlights
- Main Floor Primary Bedroom
- Entrance Foyer
- 1 Car Garage
- Living Room
- Baseboard Heating
About This Home
Bidding opens July 9, 2025 and ends August 14, 2025 at 6:00 PM EST. A 10% nonrefundable deposit is due on the day of auction. The remaining balance is due within 30 days at closing. All inspections and financing must be arranged prior to bidding. Property is selling as-is, with no contingencies. All announcements made on auction day take precedence over any prior communications. List price is the starting bid only. Property is subject to a private reserve. Opportunity to purchase as part of a 10+ property investment portfolio. This property is one of several homes being offered at auction, providing value-add opportunities for investors targeting the Lima rental market. This vacant 2-bedroom, 1-bath home offers approximately 680 square feet of living space. With an estimated market rent of $900/month based on local comparables, the property presents strong income potential and room for long-term growth.
Listing Agent
Key Realty Brokerage Email: 8775397589, dan.amaro@keysoldgroup.com License #2021008884 Listed on: 04/29/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Parking
- 1 Car Garage
- Open Parking
Home Design
- Vinyl Siding
Interior Spaces
- 680 Sq Ft Home
- Entrance Foyer
- Living Room
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- 6,000 Sq Ft Lot
- City Lot
Listing and Financial Details
- Assessor Parcel Number 47050605014.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $333 | $7,560 | $980 | $6,580 |
| 2023 | $1,039 | $7,220 | $950 | $6,270 |
| 2022 | $357 | $7,220 | $950 | $6,270 |
| 2021 | $376 | $7,220 | $950 | $6,270 |
| 2020 | $394 | $6,790 | $910 | $5,880 |
| 2019 | $394 | $6,790 | $910 | $5,880 |
| 2018 | $390 | $6,790 | $910 | $5,880 |
| 2017 | $395 | $6,790 | $910 | $5,880 |
| 2016 | $401 | $6,790 | $910 | $5,880 |
| 2015 | $405 | $6,790 | $910 | $5,880 |
| 2014 | $471 | $8,120 | $980 | $7,140 |
| 2013 | $460 | $8,120 | $980 | $7,140 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1 | -100.0% | $0 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $30,000 | -25.0% | $44 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $40,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,061,600 | None Listed On Document | |
| Deed | $89,474 | -- | |
| Warranty Deed | $89,500 | None Available | |
| No Value Available | -- | -- | |
| Deed | $21,000 | -- | |
| Deed | $36,000 | -- | |
| Deed | $35,500 | -- | |
| Deed | $7,500 | -- | |
| Deed | $17,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | No Value Available | |
| Previous Owner | $975,000 | Construction | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $32,400 | New Conventional | |
| Previous Owner | $28,400 | New Conventional |
Source: Mansfield Association of REALTORS®
MLS Number: 9066772
APN: 47-05-06-05-014.000
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