$189,000
SOLD JUL 21, 2025

227 Palmer Ave Lincoln, IL 62656

4 Beds
2 Baths
2,181 Sq Ft
1975 Built

Recently Sold

$87 Per Sq Ft

10% Below List Price

117 Days on Market

Highlights

  • Cape Cod Architecture
  • Walk-In Closet
  • Solar Heating System
  • Central Elementary School Rated A-
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Spacious updated home with PARTY FRIENDLY Backyard!! 4 bedrooms, 2 baths, new laminate flooring in most rooms, new furnace, a/c, & roof in 2019 & equipped with tankless water heater!! This home has a large eat-in kitchen and huge pantry, cozy electric fireplace in the 18'x13' living room plus 2 bedrooms & very nice full bath on main level. Upper level consists of 2 oversized bedrooms & large full bath. The Master Bedroom has a 13.7x11' walk-in closet!!! Yay!! All other bedrooms have LOTS of closet space & if that's not enough there's even attic storage for your STUFF! The basement has an actual THEATER ROOM with screen, projector & seating that can remain with the home. 200 amp electrical service, laundry area, furnace & more storage on other half of basement. Sliding glass doors off the kitchen to the GREAT SUMMER fun area. 18'x36' above ground pool, composite multi-level decks, fully fenced, Pagoda, plus storage shed at back of property. Solar panels are leased and are a great asset & transferrable to new owner! Built-in wall safe for your valuables too!! GOTTA SEE IT, GONNA LOVE IT!

Last Agent to Sell the Property

Gordon Johnson

Johnson Real Estate License #471000549 Listed on: 02/06/2025

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 55x168
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,181 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Partial Basement
  • Dormer Attic
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Heating System

Schools

  • Central Elementary School
  • Lincoln Jr High Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,329

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • LivingArea: 2181
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 2181
  • Assessed Sq Ft: 1408
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2181
  • Fireplace Location: Living Room
  • Total Sq Ft: 2533
  • Upper Level Sq Ft: 775
  • Attic: Dormer
  • Main Level Sq Ft: 1054
  • Lower Level Sq Ft: 352
  • Unfinished Lower Sq Ft: 352
  • Flooring: Wood Laminate

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 189900
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Solar, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Central Elementary School
  • High School: Lincoln High School
  • Middle/Junior School: Lincoln Jr High
  • Middle/Junior School District: 27

Lot Info

  • Lot Dimensions: 55X168
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3329
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2011
Sold by
Horn Meredith E
Bought by
Leesman Darren L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,300 New Conventional
Closed $120,000 New Conventional
Closed $12,047 Stand Alone First
Closed $4,571 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $189,000 -0.5% $87 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $189,900 -5.0% $87 / Sq Ft
03/04/2025 03/04/25 Price Changed $199,900 -4.8% $92 / Sq Ft
02/06/2025 02/06/25 For Sale $210,000 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,531 $45,040 $5,900 $39,140
2023 $3,329 $41,700 $5,460 $36,240
2022 $3,198 $38,880 $5,090 $33,790
2021 $3,067 $37,430 $4,900 $32,530
2020 $3,073 $37,430 $4,900 $32,530
2019 $2,996 $36,690 $4,800 $31,890
2018 $2,895 $35,280 $4,620 $30,660
2017 $2,879 $35,280 $4,620 $30,660
2016 $2,848 $35,690 $4,670 $31,020
2015 $2,864 $37,020 $4,750 $32,270
2014 $2,864 $37,020 $4,750 $32,270
2013 $2,864 $34,160 $4,380 $29,780
2012 $2,864 $34,660 $4,440 $30,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12220343

Midwest Real Estate Data (MRED)

APN: 12-592-004-00