$575,000
SOLD JAN 8, 2025

24406 W Grant Hwy Marengo, IL 60152

5 Beds
2 Baths
2,650 Sq Ft
31.54 Acres

Recently Sold

$217 Per Sq Ft

12% Below List Price

121 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • 31.54 Acre Lot
  • Horses Allowed On Property
  • In Ground Pool
  • Mature Trees

About This Home

As of January 2025

32 Acre Farm with approx 29 acres tillable. Two Homes consisting of a 5BR Four Square with Walk up Attic and no A/C and a 1BR Cottage. Barn, Chicken Coop, In Ground Pool with Pool House with Fireplace, big house needs some tlc but both are currently rented, both tenants would like to stay. Farmland is rented to a local farmer. Great exposure on State Highway for farm based business.

Last Agent to Sell the Property

James Bohlander

RE/MAX Connections II License #475125799 Listed on: 07/18/2024

RE/MAX Connections II

Last Buyer's Agent

Michael Grismer

Beetstra, Thomas W. Real Estate License #475140163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,392

Lot Details

  • 31.54 Acre Lot
  • Poultry Coop
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Gravel Driveway
  • Additional Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storm Screens
  • Second Kitchen
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • In Ground Pool
  • Separate Outdoor Workshop

Schools

  • Locust Elementary School
  • Marengo High Middle School
  • Marengo High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Private or Community Septic Tank

Additional Features

  • Additional Residence on Property
  • Horses Allowed On Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,392

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • LivingArea: 2650
  • Room Type: Bedroom 5, Other Room, Kitchen
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Stone/Rock
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: In Ground Pool, Storms/Screens, Workshop
  • Foundation Details: Stone
  • List Price: 650000
  • Lot Features: Horses Allowed, Mature Trees
  • OtherStructures: Poultry Coop, Second Residence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway, Additional Parking, Circular Driveway
  • ParkingTotal: 10
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Locust Elementary School
  • High School: Marengo High School
  • Middle/Junior School: Marengo High School
  • Middle/Junior School District: 154

Lot Info

  • Additional Parcels Description: 1132200009
  • Additional Parcels: Yes
  • Lot Size Acres: 31.54
  • Lot Dimensions: 31.54
  • Rural (Y/N): Y
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5391.6
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Dec 30, 2024
Sold by
James B Shultis Trust and Shultis Michelle
Bought by
Ringwood Holdings Llc
Seller's Agent
James Bohlander
RE/MAX Connections II
Buyer's Agent
Michael Grismer
Beetstra, Thomas W. Real Estate
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Views
120
Current Estimated Value
$554,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,116
Avg. Annual Appreciation
-4.37%
Original Mortgage
$250,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $575,000 Advocus National Title
Rerecorded Deed $575,000 Advocus National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $575,000 -11.5% $217 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $650,000 -- $245 / 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 $5,529 $87,323 $25,586 $61,737
2023 $5,367 $76,877 $22,454 $54,423
2022 $5,149 $69,167 $19,951 $49,216
2021 $4,833 $62,604 $17,760 $44,844
2020 $4,702 $58,873 $16,197 $42,676
2019 $4,961 $55,150 $14,714 $40,436
2018 $4,597 $51,116 $13,240 $37,876
2017 $4,410 $47,857 $11,979 $35,878
2016 $4,250 $44,225 $10,704 $33,521
2013 -- $42,077 $9,280 $32,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12114098

Midwest Real Estate Data (MRED)

APN: 11-32-200-016