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5811 Osman Rd, Lima, OH, 45806

2beds
2baths
1,440sqft
$685,000
$476price/sqft
$4,700/moest. monthly cost
$188,000/yrincome needed

About This Home

29 acres of peace, privacy and endless possibilities!! Tucked away at the end of a long private lane, this exceptional 29-acre horse farm offers the perfect blend of functionality, comfort, and country serenity. Situated in the heart of the property for ultimate privacy, the main barn, built in 2002, is thoughtfully designed for both horse and rider. The impressive barn features a 60' x 80' indoor riding arena, nine horse stalls, a tack room, office, and comfortable 1,440-square-foot living quarters with 2 bedrooms and 2 full bathrooms and an enclosed sunroom ?ideal for full-time living or a convenient home base while managing the farm. Recent updates provide added peace of mind, including an updated furnace, on-demand water heater, Kinetico water system, and a septic system that was pumped and inspected in May 2025. Showings start 7/30/26.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

6/10
Perry Elementary SchoolGrades K-62.9 mi
6/10
Perry High SchoolGrades 7-122.9 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: See Remarks
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 47350001001.001
  • Zoning description: Residential

Features

  • Levels: One

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,463$41,556
Home Insurance *$439$5,268
Property Taxes $605$7,260
Electricity $193$2,320
Total$4,700$56,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,142/yr
40% on housing$141,000/yr
45% on housing$125,333/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$476This listing

vs Other Active Listings

Avg $/sqft

ZIP 45806$127
Allen County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 45806$135
Allen County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$685,000
2025-05-14Sold$515,000
2023-09-11Sold$485,000
2023-08-24Pending sale$500,000
2023-08-16Price change$500,000
2023-06-22Listed for sale$600,000
2006-03-21Sold$320,000

For Sale by Agent

AgentChad Wright
BrokerageDye Real Estate & Land Company

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