1406 Busse Rd Marengo, IL 60152
3
Beds
2.5
Baths
2,625
Sq Ft
40
Acres
Highlights
- 40 Acre Lot
- Recreation Room
- 2 Car Attached Garage
- Community Lake
- Sun or Florida Room
- 1-Story Property
About This Home
As of September 2024Earth Sheltered home on 40+/- acres. Includes 24 Acres of cropland that is currently being rented out. There have been tenants in the home for the last twelve years. Tenants are in the process of moving out. tenants or maintenance company will be providing access to the home for showings. Seller financing available. Seller also willing to parcel off 10 acres and the house from the tillable acreage. Room sizes are estimates only.
Last Agent to Sell the Property
Midwest Land Group LLC License #475206785 Listed on: 08/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,902
Year Built
- Built in 1982
Lot Details
- 40 Acre Lot
Parking
- 2 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Vinyl Siding
Interior Spaces
- 2,625 Sq Ft Home
- 1-Story Property
- Recreation Room
- Loft
- Sun or Florida Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Utilities
- No Cooling
- Heating System Uses Propane
- Well
- Private or Community Septic Tank
Community Details
- Community Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2023
Closed on
Sep 6, 2024
Sold by
Lyle E Haag Living Trust and Haag Lyle E
Bought by
New Crescent Moon Farms Llc
Seller's Agent
Drew Kissel
Midwest Land Group LLC
Buyer's Agent
Dan Knezevich
Equity Real Estate
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Views
191
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%
Original Mortgage
$616,500
Outstanding Balance
$576,720
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$224,962
Purchase Details
Closed on
Oct 15, 2013
Sold by
Haag Lyle E
Bought by
Haag Lyle E
Purchase Details
Closed on
Jul 17, 2004
Sold by
Fox William J
Bought by
Haag Lyle E
Purchase Details
Closed on
Jul 2, 2004
Sold by
High Ridge Properties Llc
Bought by
Fox William J
Purchase Details
Closed on
Aug 1, 2003
Sold by
Fox William J and Fox Steven H
Bought by
Visona Douglas and Visona Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2003
Sold by
Scientific Small Animal Laboratory & Far
Bought by
Fox William J and Fox Steven H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2001
Sold by
Harris Trust & Svgs Bank
Bought by
Schwebke William H and Schmalen Lynn D
Similar Homes in Marengo, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | -- | -- |
Source: Public Records
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: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Broughton
Seller's Agent in 2025
Ben Broughton
RE/MAX
(815) 790-4847
3 in this area
260 Total Sales
-
Drew Kissel
D
Seller's Agent in 2024
Drew Kissel
Midwest Land Group LLC
(847) 344-2876
1 in this area
2 Total Sales
-
Dan Knezevich
D
Buyer's Agent in 2024
Dan Knezevich
Equity Real Estate
1 in this area
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11849075
APN: 06-25-300-008
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