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1440 W Market St, Lima, OH, 45805

4beds
3baths
3,353sqft
$425,000
$127price/sqft
$3,158/moest. monthly cost
$126,320/yrincome needed

About This Home

Welcome to 1440 W Market Street, a beautifully restored three-story Colonial set on a coveted stretch of historic Market Street in downtown Lima. Built circa 1924 and recognized on the National Register of Historic Places by the United States Department of the Interior, this 3,353 square foot home blends timeless architectural character with thoughtful modern updates. A charming vestibule entry opens into a grand foyer showcasing a stunning staircase, extensive wainscoting, and rich trim details that carry throughout the home. Original charm is found in every room with elegant archways, built-ins, glass door knobs, vintage light fixtures, and three fireplaces, including a double-sided gas fireplace serving the main living and sitting rooms and a third fireplace in the expansive primary bedroom suite. The oversized primary suite also features a private den, creating a rare and luxurious retreat. The remodeled kitchen offers quartz countertops with a styled edge, a striking black marble tile backsplash with gold accents, stainless steel under-mount sink, and included stainless steel appliances including the gas range, microwave, and dishwasher. Hardwood flooring runs throughout much of the home while tile flooring anchors the kitchen and main floor half bath. Major improvements include newer vinyl windows, updated electrical with recessed lighting, fresh paint throughout, and a newer gas furnace. The home sits gracefully set back from the road with a long concrete driveway leading to the side-entry attached two-car garage, while the backyard offers a privately fenced outdoor space perfect for relaxing or entertaining. With three finished levels, a full unfinished basement, and classic architectural details rarely found today—including a traditional laundry chute—this remarkable property offers historic elegance, modern comfort, and one of Lima's most desirable addresses.

Getting Around

54
WalkingSomewhat Walkable
20
TransitMinimal Transit
48
BikeSomewhat Bikeable

Schools

2/10
3/10
Lima West Middle SchoolGrades 7-80.9 mi
2/10
Lima Senior High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Slab
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Gas Cooktop,Gas Range
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Concrete,Interior Entry,Unfinished

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Breakfast Room

  • Level: Main

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Crown Molding,Dual Closets,Entrance Foyer,Storage,Walk-In Closet(s)
  • Flooring: Carpet,Porcelain Tile,Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Gas,Living Room,Master Bedroom
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 3,353
  • Total interior livable area: 3,353 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Main

Property

Details

  • Parcel number: 36350804024.000

Features

  • Patio & porch: Screened Patio,Enclosed Porch
  • Exterior features: Private Yard
  • Fencing: Full

Lot

  • Lot size: 0.32 Acres
  • Lot size dimensions: 65X214

Parking

  • Total spaces: 8
  • Parking features: Accessible Parking,Concrete,Additional Parking,Attached Garage,Driveway,Guest,Private
  • Has garage: Yes
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Tornado

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 $2,149$25,788
Home Insurance *$275$3,300
Property Taxes $375$4,500
Electricity $359$4,315
Total$3,158$37,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,274/yr
40% on housing$94,740/yr
45% on housing$84,213/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

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 45805$106
Allen County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 45805$132
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
2026-05-05Price change$429,900
2026-04-17Price change$439,900
2026-03-07Listed for sale$450,000
2024-04-15Sold$290,000
2020-07-16Sold$207,900
2019-12-05Listing removed$209,900
2019-10-12Listed for sale$209,900
2018-10-03Sold$153,000
2018-07-02Listing removed$177,500
2018-05-30Price change$177,500
2018-04-30Price change$184,900
2018-02-12Price change$199,900
2017-12-21Listed for sale$207,900
2014-12-16Sold$197,000
1999-08-27Sold$150,000
1997-06-05Sold$115,000

For Sale by Agent

AgentTyler Secrist
BrokerageCentury 21 Sunway Realty

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