568 West Spring Street

Closed 7/9/25
Closed 7/9/25
Gallery Image 1
Gallery Image 2
Gallery Image 3
Gallery Image 4
Sold
Last Sold Price
$60,000
4 beds2,088 sqft
568 West Spring Street, Lima, OH 45801
Single FamilyProperty Type
0.32 acresLot Size
1920Year Built
$29/sq ftPrice per sq ft

Description

Great investment opportunity! This spacious 4-bedroom, 2.5-bathroom home offers 2,088 square feet of living space and is currently being used as a single-family rental with a long-term tenant in place. Originally a duplex, the property has been converted to a single-family layout, offering a unique and flexible floor plan with plenty of room throughout. A basement provides additional storage, and the property is located close to schools, parks, and downtown Lima. Whether you're looking to expand...Great investment opportunity! This spacious 4-bedroom, 2.5-bathroom home offers 2,088 square feet of living space and is currently being used as a single-family rental with a long-term tenant in place. Originally a duplex, the property has been converted to a single-family layout, offering a unique and flexible floor plan with plenty of room throughout. A basement provides additional storage, and the property is located close to schools, parks, and downtown Lima. Whether you're looking to expand your rental portfolio, starting your investing journey, or are a handy homebuyer looking for a property with great potential, this property offers steady income and solid potential!
  • Listed by: CJ Steinke 419.738.1161 cjsteinke@merritt-re.com Brokerage DRE #2012001385 • Merritt Real Estate Professionals
Listing closed: 07/09/2025 12:00 AM • Source: Western Regional Information Systems & Technology, MLS#: 1039410

Recent comparable sales

Median sold price

$157,500

Avg days on market

52

Sale-to-list ratio

98.6%

Lima, OH

9 comparable properties found

$55,000 | 501 South Baxter Street, Unit 503, Lima, OH 45801
1/11
1

$55,000

Sold 08/11/26

4
Bedrooms
2,030
Square Feet
0.11
Acres

501 South Baxter Street, Unit 503, Lima, OH 45801

$157,500 | 536 North West Street, Lima, OH 45801
1/14
2

$157,500

Sold 10/30/25

4
Bedrooms
2,106
Square Feet
0.2
Acres

536 North West Street, Lima, OH 45801

$60,000 | 1017 Rice Avenue, Lima, OH 45805
1/10
3

$60,000

Sold 09/25/25

4
Bedrooms
Unavailable
Square Feet
0.17
Acres

1017 Rice Avenue, Lima, OH 45805

$219,000 | 739 North Elizabeth Street, Lima, OH 45801
1/42
4

$219,000

Sold 06/23/25

4
Bedrooms
2,014
Square Feet
0.23
Acres

739 North Elizabeth Street, Lima, OH 45801

$113,000 | 2191 Lakewood Avenue, Lima, OH 45805
1/16
5

$113,000

Sold 01/08/26

4
Bedrooms
1,804
Square Feet
0.16
Acres

2191 Lakewood Avenue, Lima, OH 45805

$129,900 | 1324 Glenn Avenue, Lima, OH 45804
1/34
6

$129,900

Sold 07/18/25

4
Bedrooms
2,000
Square Feet
1.04
Acres

1324 Glenn Avenue, Lima, OH 45804

$355,900 | 307 Ridge Crest Circle, Lima, OH 45801
1/72
7

$355,900

Sold 04/30/26

4
Bedrooms
2,247
Square Feet
0.57
Acres

307 Ridge Crest Circle, Lima, OH 45801

8

$225,900

Sold 08/13/26

4
Bedrooms
2,062
Square Feet
0.29
Acres

1534 Lakewood Avenue, Lima, OH 45805

9

$210,000

Sold 05/23/25

4
Bedrooms
2.5
Bathrooms
1,988
Square Feet
0.67
Acres

1606 Latham Avenue, Lima, OH 45805

Amenities

  • Basement
  • Crawl Space
  • Forced Air
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Merritt Real Estate Professionals

Sold By WR

Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage1

$416 per month

30 year fixed, 6.71% Interest

Principal and Interest

$310

Property Taxes

$106

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 568 West Spring Street

Property Details
  • Taxes: $1,272 / year
  • MLS Type: Residential / Single Family Residence
  • County: Allen County
Building Information
  • Year Built: 1920
  • Lot Size: 0.32 AC / 13,939 SF
Summary
Location and General Information
  • Directions: Use GPS. Home is on the NE corner of Spring and Metcalf.
  • High School District: 0206 Lima CSD
  • MLS Area Major: 599 OUTSIDE / ALL OTHER AREAS
  • MLS Area Minor: 599 OUTSIDE / ALL OTHER AREAS
  • Township: American
Taxes and HOA
  • Has Association: No
  • Parcel Number: 36360808017000
  • Semi Annual Tax: $636.00
  • Tax Year: 2024
Parking
  • Has Attached Garage: No
  • Parking Features: No Garage
Virtual Tour
Property
Lot Information
  • Building Area Total: 2088.0
  • Lot Features: Residential Lot
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 13939.2
  • Lot Size Units: Acres
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Auction: No
  • Manufactured Home: No
  • Water Source: Supplied Water
  • Year Built: 1920
Building Features
  • Levels: Two
Taxes and HOA
  • Condo Lot: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Basement: Block, Crawl Space, Unfinished
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 2.5
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Heating: Forced Air
  • Has Heating: Yes

Property History for 568 West Spring Street

DateEvent & SourcePriceAppreciation
Jul 9, 2025

Sold

Western Regional Information Systems & Technology #1039410

$60,000—
Jul 8, 2025

Sold (Public Record)

Public Record #1903962121

$60,000—
Jun 30, 2025

Contract Signed

Western Regional Information Systems & Technology #1039410

—
DateEvent & SourcePrice
07/09/2025

Sold

Western Regional Information Systems & Technology #1039410

$60,000
07/08/2025

Sold (Public Record)

Public Record #1903962121

$60,000
06/30/2025

Contract Signed

Western Regional Information Systems & Technology #1039410

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 568 West Spring Street

Taxable ValueLand$12,530Additions$11,130Total$23,660
Tax Record2025$1,277 ($106 / month)
Home Facts
Baths2Total Finished SqFt3,132 SqFtAbove Grade Finished SqFt3,132 SqFtStories2Lot Size13,896 SqFtStyleMiscellaneous CommercialYear Built1920Year Renovated1920CountyALLENAPN36-3608-08-017.000

Schools near 568 West Spring Street

This home is within Lima City School District.
Rating
School
Type
Grades
Distance
Heritage Elementary School
Public - PK to 4
Lima North Middle School
Public - 5 to 6
Lima West Middle School
Public - 7 to 8
Lima Senior High School
Public - 9 to 12
Rating
School
Distance
Heritage Elementary School
PublicPK to 4

Lima North Middle School
Public5 to 6

Lima West Middle School
Public7 to 8

Lima Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 45801

$375,000 | 886 Metzger Road, Lima, OH 45801
1/2
Coming Soon

$375,000

4
Bedrooms
2,160
Square Feet
0.87
Acres

886 Metzger Road, Lima, OH 45801

$177,900 | 1101 Brower Road, Lima, OH 45801
1/20

$177,900

3
Bedrooms
988
Square Feet
0.18
Acres

1101 Brower Road, Lima, OH 45801

$154,900 | 1416 North Central Avenue, Lima, OH 45801
1/25

$154,900

3
Bedrooms
1,440
Square Feet
0.19
Acres

1416 North Central Avenue, Lima, OH 45801

$178,000 | 1913 Burch Avenue, Lima, OH 45801
1/14

$178,000

3
Bedrooms
1,338
Square Feet
0.20
Acres

1913 Burch Avenue, Lima, OH 45801

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 568 West Spring Street, Lima, OH 45801
$60,000
4
2,088
13,939
562 West Spring Street, Lima, OH 45801
$83,000
–
–
3,690
10,019
558 West Spring Street, Lima, OH 45801
$55,000
–
3
4,597
10,019
123 South Metcalf Street, Lima, OH 45801
–
–
2,572
5,619
554 West Spring Street, Lima, OH 45801
–
–
2
2,233
10,367
569 West Spring Street, Lima, OH 45801
–
–
2
4,412
14,331

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Merritt Real Estate Professionals

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.