For sale

Price cut: $7K (8/20)

$123,000

540 McPheron Ave, Lima, OH 45804

3beds

1,101sqft

$885/mo

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Single Family Residence

Built in 1905

-- sqft lot

$119,400 Zestimate^®

$112/sqft

$-- HOA

What's special

Modern finishesUpdated cabinetryFresh paintRefreshed bathroomsNew flooringBrand-new kitchenUpdated mechanicals

Welcome to 540 McPheron Avenue, a fully remodeled home that is move-in ready from day one! Step inside to a brand-new kitchen featuring updated cabinetry, countertops, fixtures, and modern finishes. The refreshed bathrooms, fresh paint, and new flooring create a clean and inviting feel throughout, while updated mechanicals offer added peace of mind. Conveniently situated on Lima's east side near Lima Memorial Health System and Bellefontaine Avenue, with easy access to downtown Lima, shopping, dining, and I-75. Schedule your private showing and see everything this beautifully updated home has to offer!

56 days
278
30

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

Flooring: Carpet, Laminate

Interior area

Total structure area: 1,101
Total interior livable area: 1,101 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Other

Features

Patio & porch: Deck

Details

Parcel number: 37311209045.000
Zoning description: Residential
Special conditions: Fair Market

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block

Condition

Year built: 1905

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Lima

Financial & listing details

Price per square foot: $112/sqft
Tax assessed value: $19,200
Annual tax amount: $304
Date on market: 7/15/2026
Listing terms: Cash,Conventional,FHA

Estimated market value

$119,400

$113,000 - $125,000

$1,104/mo

Price history

Date	Event	Price
8/20/2026	Price change	$123,000-5.4%$112/sqft
Source: WCAR OH #310856 Report a problem
7/15/2026	Listed for sale	$130,000+348.3%$118/sqft
Source: WCAR OH #310856 Report a problem
7/24/2024	Sold	$29,000+24.5%$26/sqft
Source: Public Record Report a problem
6/15/2018	Sold	$23,300+55.3%$21/sqft
Source: Public Record Report a problem
2/12/1997	Sold	$15,000$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$305 -20%	$6,720 -0.6%
2024	$381 -56.9%	$6,760 +4.8%
2023	$884 -75.4%	$6,450
2022	$3,595 +708.2%	$6,450
2021	$445 -63.1%	$6,450 -21%
2020	$1,207 +162.4%	$8,160
2019	$460 -3.8%	$8,160
2018	$478 +3.6%	$8,160
2017	$461 -1.5%	$8,160
2016	$468 -1.3%	$8,160
2015	$474 -5%	$8,160 -6%
2014	$499 +2.5%	$8,680
2013	$487 +0.4%	$8,680
2012	$485 +2.8%	$8,680 -12.8%
2011	$472 +2.9%	$9,950
2010	$459 +16.6%	$9,950
2009	$393 +1.7%	$9,950 +2.3%
2008	$387 -3.9%	$9,730
2007	$402 +44.2%	$9,730 +101.4%
1999	$279	$4,830