1406 Busse Rd Marengo, IL 60152
Estimated payment $5,016/month
Highlights
- Very Popular Property
- Home fronts a pond
- Open Floorplan
- Barn
- 40 Acre Lot
- Mature Trees
About This Home
Charming 40-Acre Farmette with Updated Earth-Sheltered Ranch Home Discover the perfect blend of country charm and modern comfort on this stunning 40-acre parcel. Nestled down a beautiful tree-lined drive, this earth-sheltered ranch home offers panoramic views, open farmland, and endless possibilities for recreation or hobby farming. Step inside to find a host of recent updates, including new vinyl plank flooring throughout, new painted kitchen cabinets, granite countertops, and stainless steel appliances. The home features a spacious great room with vaulted ceilings, a loft area, and a cozy double-sided wood-burning fireplace that also warms the living room. Enjoy meals in the dedicated dining room or relax in the bright sunroom just off the dining area. With 3 bedrooms and 2.1 updated baths-including a master suite with a private bath and large walk-in closet-this home is both functional and inviting. Additional updates include new trim, doors, lighting, a newer roof, and furnace. The large laundry room off the kitchen adds convenience. The property also includes a 2-car attached garage and an additional detached garage, a fenced yard, small pond, a concrete horse stable that can house 10+ horses that has electric & water, and a 15 acres of fenced pasture perfect for horses or other animals. Newly seeded landscaping. Most of the acreage is currently farmed, offering income potential or the space to create your dream rural lifestyle. A rare opportunity to own a move-in ready home on picturesque acreage-don't miss out! Seller financing is available!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,902
Year Built
- Built in 1982 | Remodeled in 2025
Lot Details
- 40 Acre Lot
- Lot Dimensions are 441x2610x660x1032
- Home fronts a pond
- Fenced
- Irregular Lot
- Mature Trees
Parking
- 2 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,625 Sq Ft Home
- Open Floorplan
- Built-In Features
- Wood Burning Fireplace
- Great Room
- Family Room
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outbuilding
Farming
- Barn
- Pasture
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Propane
- Well
- Septic Tank
Community Details
- Ranch
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,376 | $144,748 | $60,338 | $84,410 |
| 2023 | $10,295 | $133,169 | $55,248 | $77,921 |
| 2022 | $7,902 | $98,604 | $23,864 | $74,740 |
| 2021 | $7,651 | $92,544 | $21,876 | $70,668 |
| 2020 | $7,458 | $87,469 | $20,126 | $67,343 |
| 2019 | $7,279 | $84,020 | $18,678 | $65,342 |
| 2018 | $7,523 | $82,961 | $17,619 | $65,342 |
| 2017 | $7,253 | $74,861 | $15,773 | $59,088 |
| 2016 | $7,249 | $73,273 | $14,810 | $58,463 |
| 2013 | -- | $68,613 | $12,626 | $55,987 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Price Changed | $799,900 | +60.0% | $305 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $499,900 | 0.0% | -- |
| 08/01/2025 08/01/25 | For Rent | $3,500 | 0.0% | -- |
| 07/31/2025 07/31/25 | Price Changed | $824,900 | -1.8% | $314 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $839,900 | +22.6% | $320 / Sq Ft |
| 09/06/2024 09/06/24 | Sold | $685,000 | -2.1% | $261 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | For Sale | $700,000 | -- | $267 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $685,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $750,000 | Nlt Title Llc | |
| Warranty Deed | $575,000 | Nlt Title Llc | |
| Warranty Deed | $565,000 | Nlt Title Llc | |
| Warranty Deed | $638,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $616,500 | New Conventional | |
| Previous Owner | $432,000 | Purchase Money Mortgage | |
| Previous Owner | $630,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12399300
APN: 06-25-300-008
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