NOT LISTED FOR SALE

1311 E 4140 Rd N Rankin, IL 60960

Estimated Value: $224,000 - $239,000

4 Beds
2 Baths
1,668 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2020

Last sale price $95,500 $57 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,400 / mo

312 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Bonus Room
  • Mature Trees
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of August 2020

NEW LIST PRICE!!!! UNIQUE SETTING ON 5.65 ACRES. MATURE TREES,THICKET,AND SOME TILLABLE LAND FOR GREAT HUNTING OR JUST ENJOY NATURE. THIS OLDER 1 1/2 STORY 1686 SQ FT HOME OFFERS ON THE 1ST FLOOR, 3 BEDRMS 1 BATH, FRONT ROOM WITH FIREPLACE, A DINING RM AND COVERED FRONT SITTING PORCH . THE SECOND FLOOR IS PERFECT FOR GUESTS OR TEENS. THERE IS 1 BEDRM, A FULL BATH,FAMILY ROOM AND A GENERAL AREA. ACCESS IS BY A PRIVATE OUTSIDE ENTREE. THERE IS A RAISED DECK OUT THE BACK. OUT BUILDINGS INCLUDE A 2 CAR DETACHED GARAGE AND THE ORIGINAL BARN WITH CONCRETE FLOOR AND STORAGE UP IN THE LOFT. THERE IS A NEWER WELL, PROPANE HEAT WITH CENTRAL AIR. THE PROPERTY BORDERS A STATE GAME PRESERVE TO THE SOUTH AND JUST ADDS TO THIS FINE RURAL LOCATION. THIS PROPERTY HAS RECENTLY BEEN SURVEYED AND WILL BE PROVIDED TO BUYERS. CALL AN AGENT TODAY!!!!

Last Agent to Sell the Property

Ron Lenington

Lenington Realty License #471000902 Listed on: 08/01/2019

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1900 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 416 x 630 x 383 x 439.57 x 47 x 157
  • Mature Trees
  • Wooded Lot
  • Property is zoned AGRIC

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,668 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 100 Amp Service
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1900 | Remodeled in 2000

Lot Details

5.02 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1668
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Horses Allowed, Wooded, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Propane, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 416 X 630 X 383 X 439.57 X 47 X 157
  • Zoning: AGRIC
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 482
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2026
Sold by
Polson William Samuel
Bought by
Lockhart Gregory and Lockhart Mattie
Current Estimated Value
$233,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,797
Outstanding Balance
$227,797
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$6,030

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 17, 2020
Sold by
Everett J Berryman Trust
Bought by
Polson William Samuel
Seller's Agent
Ron Lenington
Lenington Realty
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$112,000
Sold Price
$95,500
Premium/Discount to List
-$16,500
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%
Original Mortgage
$90,359
Interest Rate
2.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lockhart Gregory $232,000 None Listed On Document
Polson William Samuel $95,500 Gateville Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Gregory $227,797
Previous Owner Polson William Samuel $90,359
Closed Polson William Samuel $9,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $95,500 -12.8% $57 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $109,500 -2.2% $66 / Sq Ft
05/04/2020 05/04/20 For Sale $112,000 0.0% $67 / Sq Ft
05/04/2020 05/04/20 Price Changed $112,000 +17.3% $67 / Sq Ft
04/06/2020 04/06/20 Off Market $95,500 -- --
03/26/2020 03/26/20 For Sale $114,500 0.0% $69 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $114,500 -- $69 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,822 $27,862 $8,067 $19,795
2023 $1,822 $25,309 $7,328 $17,981
2022 $1,478 $23,219 $6,723 $16,496
2021 $184 $5,883 $1,686 $4,197
2020 $517 $5,796 $1,661 $4,135
2019 $510 $5,643 $1,617 $4,026
2018 $481 $5,274 $1,511 $3,763
2015 -- $5,027 $1,440 $3,587
2014 -- $4,857 $1,391 $3,466
2013 -- $4,857 $1,391 $3,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10471046

Midwest Real Estate Data (MRED)

APN: 01-10-401-022

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