$35,000

503 N Charles St Lima, OH 45805

$416
Closing credit¹
3 beds
2 full
0.08 acres
House

Property details

About 503 N Charles St

LIST PRICE IS THE STARTING BID: LIVE AUCTION: Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: 1920 Roschman Ave, Lima, OH 45804 Part of a 55+ Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. This property has a market rent estimated at $1,177 — strong cash flow potential from day one. Submit your offer early or join us in person to bid! Auction Terms: 10% non-refundable deposit due on auction day. Balance due within 45 days. Arrange all financing and inspections prior to bidding. Announcements made on auction day will take precedence over all prior communications. Don't miss out — whether you're growing your rental portfolio or looking for immediate income potential, this property — and the full portfolio — offers rare opportunities at scale. Act now or be ready to bid!

Highlights

Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.083 Acres
Year built1903
ParkingOn Site
MLS #5124214

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Private Pool: No
  • Parking: On Site
  • Architectural Style: Conventional
  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • List Price: $35,000
  • Annual Tax Amount: $825
  • Tax Year: 2023
  • Directions: On Charles Street
  • Year Built: 1903
  • Stories: 2
  • Lot Size: 0.083 Acres
  • MLS Number: 5124214
  • MLS Name: NOWDD
  • Office Name: Key Realty
  • Office Phone: (330) 275-7272
  • Office Email: tyler.miller@keysoldgroup.com
  • Listing Agent: Tyler Miller

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 11:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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503 N Charles St, Lima, OH 45805 - view of front of house with a gambrel roof and a front yard

$35,000

503 N Charles St

$416

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 29, 2022
Home Sold
$224,000
Feb 28, 2005
Home Sold
$23,000

Tax history

YearAssessmentProperty Tax
2023$17,960$825
2022$17,960$828
2021$17,960$835
2020$13,940$738
2019$13,940$740
2018$13,940$732
2017$13,940$742

History based on county public records data.

Nearby schools

3

Heritage Elementary School

Public District PK-4

0.3 mi

816 College Ave

4

Independence Elementary School

Public District PK-4

0.7 mi

615 Tremont Ave

3

Freedom Elementary School

Public District PK-4

1.9 mi

575 Calumet Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,524. Typical income of Lima, OH residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

51%
<35k
47%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
36%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 503 N Charles St

The listing price of 503 N Charles St property is $35,000.

The property 503 N Charles St is a house located in Lima, Ohio, 45805.

Active Listing: 503 N Charles St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 N Charles St are: Heritage Elementary School (GreatSchools Rating 3/10), Independence Elementary School (GreatSchools Rating 4/10), Freedom Elementary School (GreatSchools Rating 3/10), Heir Force Community School (GreatSchools Rating 4/10), Lima North Middle School (GreatSchools Rating 2/10), Liberty Arts Magnet K-8 (GreatSchools Rating 4/10), West Central Learning Academy II (GreatSchools Rating 3/10), Lima Senior High School (GreatSchools Rating 2/10), Bath High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $825 (source: MLS/based on county public records data).

The last sale was on March 29, 2022 for $224,000 (source: MLS/tax record).

The property at 503 N Charles St has 3 bedrooms and 2 bathrooms.

The sq. ft. of 503 N Charles St is not available (source: MLS/tax record).

The year of construction for 503 N Charles St is 1903.

This home is located at 503 N Charles St in Lima, OH and zip code 45805. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $35,000.

In April 2025 more than 20 listings in Lima, OH were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 50 were sold below. The inventory of homes for sale in Lima, OH between March and April 2025 increased by 30.3%. In April 2025, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $180,000.

From Rocket Homes Real Estate and based on county public records data.

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