NOT LISTED FOR SALE

1178 W Wayne St Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $88,000 - $123,000

3 Beds
2 Baths
1,406 Sq Ft
$75/Sq Ft Est. Value

About This Home

This home is located at 1178 W Wayne St, Lima, OH 45805 and is currently estimated at $105,333, approximately $74 per square foot. 1178 W Wayne St is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Hil Properties Llc
Bought by
Wiechart Investment Properties Llc
Current Estimated Value
$105,333

Purchase Details

Closed on
Aug 29, 2018
Sold by
4 Star Properties Llc
Bought by
Hil Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2009
Sold by
Fromm David L and Fromm Shirley K
Bought by
4 Star Properties Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Reiff W Dan and Reiff Judith A
Bought by
Fromm David L and Fromm Shirley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 1976
Bought by
Reiff William Dan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wiechart Investment Properties Llc $215,000 None Listed On Document
Hil Properties Llc $520,000 None Available
4 Star Properties Llc -- Attorney
Fromm David L $59,000 Vantage Land Title Inc
Reiff William Dan $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hil Properties Llc $416,000
Previous Owner Fromm David L $47,100
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $627 $16,000 $2,560 $13,440
2023 $629 $14,040 $2,240 $11,800
2022 $631 $14,040 $2,240 $11,800
2021 $668 $14,040 $2,240 $11,800
2020 $662 $12,320 $2,170 $10,150
2019 $662 $12,320 $2,170 $10,150
2018 $659 $12,320 $2,170 $10,150
2017 $664 $12,320 $2,170 $10,150
2016 $673 $12,320 $2,170 $10,150
2015 $763 $12,320 $2,170 $10,150
2014 $763 $13,930 $2,310 $11,620
2013 $743 $13,930 $2,310 $11,620
Source: Public Records

Map

Ohio Allen County Lima 45805 Central Lima

1178 W Wayne St, Lima, OH

Not Listed for Sale

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