This home's estimate is 28.9% higher than the average sale price ($244K) of 6 comparable homes.
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4500 Mcpheron Rd, Lima, OH 45804
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About this home
This charming, 3-bedroom, 2-bath, 1.5-story home offers approximately 1,908 sq. ft. of comfortable living space and blends classic character with thoughtful updates. Originally built in 1945 and remodeled in 1991, the home sits on a crawl space and has been exceptionally, well-maintained over the years. A welcoming front entry and generous interior layout offer flexibility for everyday living, with abundant natural light enhancing the home's warm, inviting atmosphere throughout. Recent improvements include a newer metal roof & siding completed in 2024, adding both value & piece of mind. This 5-acre property, consisting of 2 parcels, provides a perfect balance of privacy & natural beauty. Enjoy peaceful outdoor living with a stunning Lotus Plant pond and a spacious rear deck complete with pergola--ideal for relaxing or entertaining while taking in the tranquil surroundings. The property also features a convenient, 2-car attached garage and an impressive, 50x60 steel K-Building equipped with electric, propane heat, and water, making it perfect for a workshop, hobby space or extra storage. The home is equipped with an electric hot water heater and a propane hot water boiler system with central air conditioning for year-round comfort. An additional propane space heater in the living room provides extra warmth & coziness during the colder months. Located in the desirable, Perry School District, this property offers a rare combination of space, functionality & serene country living.
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Last updated August 2026
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Est. $1,311 per month, based on comparable rentals
Sale and tax history for 4500 Mcpheron Rd
- Sale History
- Tax History
$160/sq ft
$176/sq ft
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 2
- Parking Features: Attached, Garage, Garage Door Opener
Interior
- Bathroom Information
- # of Full Bathrooms: 2
- Heating & Cooling
- Has Cooling
- Cooling: Central Air
- Has Heating
- Heating: Propane, Other
- Room Information
- # of Rooms Total: 7
Exterior
- Building Information
- Sq. Ft.: 1908.0
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Lot Size : 5.0
- Lot Size Area: 5
- Lot Size Units: Acres
- Lot Size Acres: 5
- Zoning Description: Residential
Financial
- Tax Information
- Tax Annual Amount: $2,055
Utilities
- Utility Information
- Water Source: Well
- Sewer: Septic Tank
Location
- Schools Information
- High School District: Perry
- Location Information
- Directions: USE GPS
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,908
- Stories: 1.5
- Lot Size: 4 acres
- Style: Single Family Residential
- Year Built: 1945
- Year Renovated: 1991
- County: Allen County
- APN: 47-1400-04-005.000
Other
- Listing Information
- List AOR: West Central Association of REALTORS® (OH)
Around this home
Schools
Public K-6 • Assigned • 1.9mi
Public 7-12 • Assigned • 1.9mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 99° expected this year, 18 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Lima. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Lima.
Nearby similar homes
New listings for sale in 45804
Home values near 4500 Mcpheron Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1716 Sq. Ft. | $183,729 |
3 Beds | 1 Baths | 1365 Sq. Ft. | $286,644 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1144 Sq. Ft. | $202,746 |
2 Beds | 2 Baths | 1720 Sq. Ft. | $311,743 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2073 Sq. Ft. | $335,487 |
3 Beds | 1 Baths | 1625 Sq. Ft. | $92,311 |
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