$199,900
UNDER CONTRACT

127 Murray Ave Panama, IL 62077

Estimated payment $1,257/month

Total Views 5,376
4 Beds
1.5 Baths
1,562 Sq Ft
$128 Price per Sq Ft

Highlights

  • Above Ground Pool
  • Wooded Lot
  • Mud Room
  • 6.4 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

Charming and beautifully updated ranch home situated on a peaceful, wooded 6.40 acre +/- setting that is ideal for nature hikes and ATV riding. This adorable property offers 4 bedrooms, a full bath, and a convenient half bath located in the primary bedroom with the potential to be easily converted into a second full bath. The bright kitchen features a dining combination, making it perfect for everyday living and entertaining. The living room is enhanced with surround sound, creating a comfortable space for relaxing or hosting guests. Numerous updates throughout the home provide a truly move-in-ready feel, including a mini-split system added to the primary bedroom in fall 2025 for added comfort. Exterior amenities include a storage shed and a spacious 24x28 detached garage with concrete flooring, electric heat, and wall unit air conditioning. Enjoy summer days in the 52 foot above-ground pool installed in 2024. The home is serviced by public water, public sewer, and natural gas. Offering space, comfort, and functionality, this property is ready for its next owner.

Listing Agent

Stephanie Noyes

MCR Realty Professionals, Inc License #475.207762 Listed on: 01/10/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 6.4 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,562 Sq Ft Home
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Above Ground Pool
  • Patio
  • Shed

Schools

  • Hillsboro Dist 3 Elementary And Middle School
  • Hillsboro Community High Schoo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-22-353-007,20-22-353-001,20-22-354-003,& other

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Cross Street: Walnut St
  • Year Built: 1977
  • Directions: GPS Friendly!
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Adjoins Wooded Area, Wooded
  • Lot Size Acres: 6.4
  • Road Surface Type: Gravel
  • Co List Office Phone: 217-532-2525
  • MLS Status: Active Under Contract
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1562
  • Architectural Style: Traditional, Ranch
  • Carport Y N: Yes
  • Reso Fireplace Features: None
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Updated/Remodeled
  • Financial Info Electric: Ameren
  • MIS_RoomFlooring: Carpeting
  • MIS_AboveGradeFinishedAreaSrchSqFt: 1562.00
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Laminate
  • MIS_RoomFlooring: Carpeting
  • MIS_RoomFlooring: Carpeting
  • PreviousStatus: Active
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_RoomFlooring: Carpeting
  • MIS_RoomFlooring: Vinyl
  • MIS_RoomFlooring: Ceramic Tile
  • MIS_RoomFlooring: Laminate
  • MIS_PoolYN: 1
  • MIS_BelowGradeFinishedAreaSrchSqFt: 0.00
  • MIS_RoomFlooring: Laminate
  • MIS_AuctionYN: 0
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Interior Amenities: Kitchen/Dining Room Combo, Eat-in Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 1
  • MIS_UpperLevelBathroomsFull: 0
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 0

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: HILLSBORO DIST 3
  • Junior High Dist: HILLSBORO DIST 3
  • High School: Hillsboro Community High Schoo
  • Middle Or Junior School: HILLSBORO DIST 3

Lot Info

  • Lot Dimensions: 6.75 ac
  • Lot Size Sq Ft: 278784
  • Parcel Number: 20-22-353-007,20-22-353-001,20-22-354-003,& other

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2667

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2026 01/10/26 For Sale $199,900 -- $128 / Sq Ft
Source: MARIS MLS

About the Listing Agent

Stephanie Noyes

MCR Realty Professionals, Inc

(217) 339-3718

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Source: MARIS MLS

MLS Number: MIS26000674

MARIS MLS