NOT LISTED FOR SALE

1509 N Indiana Ave Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $42,000 - $101,000

3 Beds
2 Baths
-- Sq Ft
1,830 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $101,334

Est. 30% decrease in value since last sale

Current estimated payment $463/month

29 Days on Market

About This Home

As of June 2021

ATTENTION INVESTORS! Package of 4 Peoria rental homes & 1 duplex for sale: 1509 N. Indiana Ave 3BR upstairs rented for $600 (currently vacant), 1509 N. Indiana Ave 1BR downstairs rented for $525, 2800 W. Krause Ave 2BR rented for $597 PHA, 2326 W. Lincoln Ave 3BR rented for $600, 605 Haungs Ave 3BR rented for $675 and 2409 W. Antoinette St 2BR rented for $577. See associated docs for leases. Can be sold with 5 other packages (total of 35 homes & one duplex) for $659,900. No signs on properties.

Last Agent to Sell the Property

Michelle Largent

RE/MAX Traders Unlimited License #475095570 Listed on: 04/22/2021

RE/MAX Traders Unlimited

Last Buyer's Agent

Michelle Largent

RE/MAX Traders Unlimited License #475095570 Listed on: 04/22/2021

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 1900

Lot Details

  • 1,830

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for snow/lawn, gas, electric, water/sewer
  • The owner pays for real estate taxes, insurance, trash

Property Details

Property Type

Other

Est. Annual Taxes

$4,481

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Multi-Family
  • Lvt Date: 04/28/2021
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Wood

Exterior Features

  • Exterior Finish: Aluminum, Vinyl
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Electric Company: Ameren
  • Cooling: None
  • Heating: Forced Air
  • Security System: Yes
  • Water Supply: City on Premises
  • Gas Company: Ameren
  • Water Company: IL American

Lot Info

  • Zoning: Residentia
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Lot Size Remarks: 5 different parcels
  • Parcel 3: 18-18-201-014
  • Parcel 4: 14-35-351-008

Rental Info

  • Indiv Laundry: Yes
  • Monthly Lease Rate: 3574
  • Lease Type: Gross
  • Owner Pays: Real Estate Taxes, Insurance, Trash
  • Tenant Pays: Snow/Lawn, Gas, Electric, Water/Sewer
  • Terms Lease: Yearly, Month to Month

Tax Info

  • Annual Taxes: 4480.88
  • Parcel Id Number Tax Id: 18-04-277-016
  • Tax Incentive: None
  • Tax Year: 2020

Multi Family

  • Total Number Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 24, 2021
Sold by
Jones Kenneth C and Jones Linda J
Bought by
Dlproperties Of Illinois 35 Llc
Seller's Agent
Michelle Largent
RE/MAX Traders Unlimited
Buyer's Agent
Michelle Largent
RE/MAX Traders Unlimited
List Price
$109,900
Sold Price
$101,334
Premium/Discount to List
-$8,566
-7.79%
Current Estimated Value
$70,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,807
Avg. Annual Appreciation
-5.47%
Original Mortgage
$486,400
Outstanding Balance
$445,141
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$365,220
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dlproperties Of Illinois 35 Llc $60,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dlproperties Of Illinois 35 Llc $486,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $101,334 -7.8% --
05/21/2021 05/21/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $109,900 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

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 $1,084 $11,980 $1,320 $10,660
2023 $1,034 $10,990 $1,210 $9,780
2022 $906 $9,390 $1,130 $8,260
2021 $890 $8,950 $1,080 $7,870
2020 $888 $8,860 $1,070 $7,790
2019 $901 $9,040 $1,090 $7,950
2018 $930 $9,550 $1,160 $8,390
2017 $947 $9,640 $1,170 $8,470
2016 $920 $9,640 $1,170 $8,470
2015 $1,070 $9,450 $1,150 $8,300
2014 $1,069 $11,400 $1,220 $10,180
2013 -- $11,530 $1,230 $10,300
Source: Public Records

Agents Affiliated with this Home

  • Michelle Largent

    Seller's Agent in 2021

    Michelle Largent

    RE/MAX

    (309) 687-4862

    70 in this area

    726 Total Sales

    Michelle Largent
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Map

Source: RMLS Alliance

MLS Number: PA1224353

RMLS Alliance

APN: 18-04-277-016

Illinois Peoria County Peoria 61603 West Bluff

1509 N Indiana Ave, Peoria, IL

This home is located at 1509 N Indiana Ave, Peoria, IL 61603 since 22 April 2021 and is currently estimated at $70,527. This property was built in 1900. 1509 N Indiana Ave is a home located in Peoria County with nearby schools including Lincoln School, Peoria High School, and Peoria Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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