$70,750
$36K PRICE INCREASE

503 N Charles St Lima, OH 45805

Central Lima Neighborhood

Estimated payment $488/month

Total Views 8,138
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Baseboard Heating
  • No HOA

About This Home

This 3-bedroom, 2-bath single-family home offers approximately 1,708 sq ft of living space and strong cash flow potential. With an estimated market rent of $1,250 per month, this property presents a great opportunity for investors to generate income from day one.
The home features a spacious, functional layout and includes off-street parking. Conveniently located near schools, parks, shopping, and major roadways, it offers easy access for future tenants or owner-occupants.
Whether you're expanding your rental portfolio or entering the Lima market, this property presents a solid investment with long-term value.

Listing Agent

Tyler Miller

Key Realty Brokerage Email: tyler.miller@keysoldgroup.com 330-275-7272 License #2020006959 Listed on: 05/19/2025

Key Realty

Co-Listing Agent

Daniel Amaro

Key Realty Brokerage Email: tyler.miller@keysoldgroup.com 330-275-7272 License #2021008884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1903

Lot Details

  • 3,615 Sq Ft Lot

Parking

  • On-Site Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vertical Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-2511-06-016.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1903
  • Attribution Contact: tyler.miller@keysoldgroup.com 330-275-7272
  • Co List Office Mls Id: 20163
  • Co List Office Phone: 877-593-7589
  • Architectural Style: Conventional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Acres: 0.083
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Vertical Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lima CSD - 206

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 36-2511-06-016.000
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1358.4

Map

Range of Values:

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Average Value
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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

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 $1,294 $20,480 $2,030 $18,450
2023 $786 $17,960 $1,790 $16,170
2022 $789 $17,960 $1,790 $16,170
2021 $836 $17,960 $1,790 $16,170
2020 $740 $13,940 $1,720 $12,220
2019 $740 $13,940 $1,720 $12,220
2018 $732 $13,940 $1,720 $12,220
2017 $742 $13,940 $1,720 $12,220
2016 $753 $13,940 $1,720 $12,220
2015 $719 $13,830 $1,720 $12,110
2014 $719 $13,060 $1,820 $11,240
2013 $701 $13,060 $1,820 $11,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $70,750 +102.1% --
05/19/2025 05/19/25 For Sale $35,000 -5.4% --
03/22/2022 03/22/22 Sold $36,989 -32.6% $25 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
06/23/2021 06/23/21 For Sale $54,900 -- $36 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Warranty Deed $23,000 None Available
Sheriffs Deed $24,000 None Available
Deed $22,500 --
Deed $38,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,951 New Conventional
Source: Public Records

Source: MLS Now

MLS Number: 5124214

MLS Now

APN: 36-25-11-06-016.000

Ohio Allen County Lima 45805 Central Lima

503 N Charles St, Lima, OH

This home is located at 503 N Charles St, Lima, OH 45805 and is currently priced at $70,750. This property was built in 1903. 503 N Charles St is a home located in Allen County with nearby schools including Heritage Elementary School, Lima North Middle School, and Lima West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Tyler Miller
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Key Realty
(419) 374-9634