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1308 E 4th St, Lima, OH, 45804

1beds
1baths
800sqft
$130,000
$163price/sqft
$1,083/moest. monthly cost
$43,320/yrincome needed

About This Home

New construction opportunity! This brand-new home is currently under construction and offers a bright, open floor plan designed for comfortable everyday living. Larger windows allow for plenty of natural light throughout, creating a warm and inviting feel. here is your chance to own a new home at an affordable price while taking advantage of a 15-year tax abatement. Planned features include laminate flooring throughout, white cabinetry, and a functional kitchen complete with a refrigerator, range and dishwasher. A dedicated closet for a stackable washer and dryer adds convenience and efficient use of space. Finishes subject to change. Renderings/ photos are AI-generated for illustrative purposes only and are intended to provide a general representation of the home upon completion. Actual finishes materials, colors and final appearance may vary.

Getting Around

19
WalkingCar-Dependent
22
TransitMinimal Transit
27
BikeSomewhat Bikeable

Schools

4/10
Unity Elementary SchoolGrades PK-40.3 mi
2/10
Lima Senior High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2026

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Other

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 47080602001.001
  • Zoning description: Residential

Lot

  • Lot size: 0.20 sqft

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
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 $657$7,884
Home Insurance *$119$1,428
Property Taxes $114$1,368
Electricity $193$2,320
Total$1,083$12,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,131/yr
40% on housing$32,490/yr
45% on housing$28,880/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

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 45804$97
Allen County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 45804$113
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
2026-05-07Listed for sale$130,000
2025-12-05Sold$2,000
2011-10-27Sold$7,500
2001-04-02Sold$35,000
1997-10-10Sold$18,000

For Sale by Agent

AgentHeather Gaus
BrokerageCowan, Realtors

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