$64,051Average Value$61Average Price per Sq Ft3Homes For Sale
The Fifth Ward is a reminder of Lima's industrial history
Stretching from the banks of the Ottawa River to the Rose Avenue railyards, and bordering Industry Park to the north and the Lima Refinery to the south, the Fifth Ward offers a snapshot of Lima’s manufacturing heyday. This neighborhood is full of vintage housing built in the first few decades of the 20th century, when the sound of passing trains and the smoke of riverside factories defined the Fifth Ward’s atmosphere. Though many factories have closed, and the rails no longer convey the noises of bustling freight traffic, the Fifth Ward retains a supply of competitively priced homes that, with a degree of renovation, can testify to a past era of booming industry.
Lima Locomotive Works in Fifth Ward manufactured railroad locomotives for over 70 years.
Cenovus Energy, formerly the Husky Lima Refinery in Fifth Ward is a large producer of gasoline in the Midwest.
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Vintage housing stock sells for below-average prices
The Fifth Ward is one of the oldest sections of Lima, with most of its properties dating to the 1920s. As this part of town is across the river from Lima’s retail core, many of its older buildings have decayed in quality and have since become Fannie Mae HomePath properties. Ranging in price from $17,000 to $146,000, the Fifth Ward’s ranch-style, Dutch Colonial and bungalow houses sell for well below the average Lima home price of $215,000. “Old, dilapidated homes that have been sitting there for 30-40 years are being bought up and fixed up," says Realtor Seth Ciminillo with the Dye Real Estate & Land Company. The Fifth Ward’s streets tend to feature sidewalk access, abundant foliage, spacious front lawns and gravel or brick driveways.
Ranch style homes are a popular option for those looking to move to the Fifth Ward neighborhood of Lima.
Dutch Colonial homes in Fifth Ward were once a popular housing style near Lima.
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Small shops and restaurants sit on the Fifth Ward's street corners
The Fifth Ward may be a primarily residential section of Lima, but it is also home to a handful of local shops and restaurants scattered throughout the area. Mello-Crème Donuts, small and located on a quiet street corner, has served pastries and burgers to the community since 1959. The Fifth Ward also has a local bar at Bite & Buzz, while, just beyond the neighborhood’s northern border, Bella Notta’s Pizza and Thai Foods Carry Out provide Italian and Thai takeout options. In addition to local mini-marts and a Dollar General within the neighborhood, shoppers can also travel a mile north to the local Ruler Foods supermarket.
Come to Bella Notta's Pizza in Fifth Ward for a great slice of homemade pizza.
Ruler Foods in Fifth Ward is a great local grocery store with discounted prices.
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Several green spaces sit along the Ottawa River
The Ottawa River not only forms the Fifth Ward’s western frontier; it also offers a vast stretch of greenery and parkland for Lima’s residents to explore. “Lima has done a really good job with its parks; the city has spent a lot of money redoing them," Ciminillo says. "The city offers a lot of green spaces.” Industry Park is home to Simmons Field, where the local amateur baseball team, the Lima Locos, play their games during the summer. Riverside biking trails connect this park with Collett Street Park, which makes a soccer field, tennis courts and baseball fields available to the public. Hover Park hosts the local playground and a 4-acre pond for fishing and nature watching.
Collett Street Park has a variety of amenities including baseball diamonds and tennis courts.
Hover Park has a variety of things for families to enjoy including a large playground.
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Music fills the halls of Lima Senior High
Unity Elementary School, where Fifth Wards students can start their education, receives a C rating from Niche. Learners go on to attend the C-minus-rated Lima North Middle School from grades 5-6 and the C-rated Lima West Middle School from grades 7-8. Lima Senior High School, rated a C-plus, has choir and band programs so strong that they helped inspire the hit television series “Glee.”
Lima Senior High School is a public high school in Lima that houses students grades 9-12.
Unity Elementary is a public elementary school in Lima that houses students grades K-5.
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Jobs and healthcare are just a few miles away
The Fifth Ward is situated in an industrial section of Lima, and the Lima Refinery - opened in 1886 and currently operated by Husky Energy - sits less than a mile south of the neighborhood. Kindred Hospital is just a 2-mile trip to the north, while the shopping and dining of Lima’s downtown area are a mile away.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Tina Pearson,
an experienced agent in this neighborhood.
Parks in this Area
Lima Park & Recreation Div
Cook Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Fifth Ward
US
Homicide
8
4
Sexual Assault
5
4
Assault with Weapon
7
4
Robbery
6
4
Burglary
6
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Fifth Ward, Lima sell after 27 days on the market compared to the national average of 47 days. The average sale price for homes in Fifth Ward, Lima over the last 12 months is $54,737, down 21% from the average home sale price over the previous 12 months.
Great starter home. 2 bedrooms upstairs, 1 main floor bath. 2 car detached garage with covered patio. Large front covered porch. Roof 2009, furnace 2008, water heater 2023, main floor windows replaced 2024. Well maintained home with main floor bathroom and laundry. Located on a quite street.
Welcome to 836 E. Vine St! This beautifully remolded 2 story home offers 3 bedrooms and 2 full baths totaling in 1036 sqft. This home has been totally remodeled down to the studs! Renovations include all new plumbing, electrical, HVAC, windows, roof and so much more! The adjacent lot is included in the sale. Contact your favorite Realtor to view this beauty today!!
Looking for an investment opportunity??This duplex features two units each with 2-bedroom, 1-bath , a 2 car garage and a nice size yard. Leases are month to month , and rents are below market rent.📢 Bonus Opportunity! This unit can also be purchased as part of the 15-unit real estate package currently for sale.Don't miss out—contact your favorite agent today for more
Interested in learning more about homes in this area?
Reach out to
Tina Pearson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,984
Median Age
36
Population under 18
28.1%
On par with the national average
23.8%
Population over 65
16.6%
On par with the national average
19.1%
Finances
Median Household Income
$32,181
Significantly below the national average
$71,702
Average Household Income
$36,687
Education and Workforce
High School Graduates
79.3%
College Graduates
9.4%
Below the national average
34.1%
Advanced Degrees
1.6%
% Population in Labor Force
49.2%
Below the national average
65.1%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
19°F
Average Summer High Temperature
83°F
Annual Snowfall
12''
Area Factors
Somewhat Bikeable
Bike Score®
48/ 100
Somewhat Walkable
Walk Score®
54/ 100
Minimal Transit
Transit Score®
24/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
