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550 Wallace Ave

Bowling Green, OH 43402

5 bd 3 ba 2,802 sqft Built 1900 Lot 7,200 sqft single_family
Most recent sale
$235,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2025 Sold $285,000 NWOhio
Apr 21, 2022 Sold $235,000 Public Record
Feb 22, 2022 Listed $225,000 MLS #6083015
Aug 5, 1992 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,265 $10,290 $79,555 $3,448
2024 $69,265 $10,290 $79,555 $3,445
2023 $69,270 $10,290 $79,560 $3,430
2022 $53,800 $8,580 $62,380 $2,365
2021 $53,800 $8,580 $62,380 $2,330
2020 $53,800 $8,580 $62,380 $2,337
2019 $44,450 $8,580 $53,030 $2,026
2018 $44,450 $8,580 $53,030 $1,019
2017 $44,450 $8,580 $53,030 $1,991
2016 $27,620 $10,290 $37,910 $1,330
2015 $27,620 $10,290 $37,910 $1,351
2014 $27,620 $10,290 $37,910 $1,370
2013 $27,620 $10,290 $37,910 $1,474
2012 $27,620 $10,290 $37,910 $1,394
2011 $27,620 $10,290 $37,910 $1,351
2010 $28,700 $10,820 $39,520 $1,359
2009 $28,700 $10,820 $39,520 $1,324
2008 $28,700 $10,820 $39,520 $1,308
2007 $28,700 $10,820 $39,520 $1,291
2006 $28,700 $10,820 $39,520 $1,722

Property facts

Year built
1900
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,802 sqft
Lot size
7,200 sqft
ZIP code
43402
City
Bowling Green
Street
Wallace Ave
Coordinates
41.37712, -83.65793

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 550 Wallace Ave last sell?
550 Wallace Ave most recently sold on Apr 21, 2022 for $235,000.
What is the current tax assessment for 550 Wallace Ave?
The most recent total assessment for 550 Wallace Ave (year 2025) is $79,555 with $3,448 in property tax.
How does 550 Wallace Ave's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $235,000.
When was 550 Wallace Ave built?
550 Wallace Ave was built in 1900.
How does 550 Wallace Ave compare to others on Wallace Ave?
We track 8 other properties on Wallace Ave. Browse the list under "Other properties on Wallace Ave" to compare beds, baths, and sale history.
What are the property facts for 550 Wallace Ave?
550 Wallace Ave is a 5 bed, 3 bath, 2,802 sqft, 7,200 sqft lot single_family.
Is 550 Wallace Ave a flip candidate?
No — 550 Wallace Ave does not appear in our flips dataset.
Is 550 Wallace Ave a tax-appeal candidate?
No — 550 Wallace Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$320.4K
2026 Q4
$328.2K
ZIP 43402 — Median Price History + Forecast

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