NOT LISTED FOR SALE

2540 N 400 East Rd McLean, IL 61754

Estimated Value: $181,000 - $216,000

4 Beds
1 Bath
1,792 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $182,777 $102 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,291/month

62 Days on Market

Highlights

  • 5.06 Acre Lot
  • 2 Car Detached Garage
  • Central Air
  • Farmhouse Style Home

About This Home

As of June 2024

4 Bedroom, 2 story country home on 5 acres minutes from Mclean. 2 car detached garage. Recent improvements or repairs include fully fenced pasture, siding, roofing, foundation, interior floors refinished,

Last Agent to Sell the Property

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 03/26/2024

Co-Listed By

Greg Lee

RE/MAX Choice License #475143229

Last Buyer's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1939

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 375x585x378x585

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Aluminum Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Olympia Elementary School
  • Olympia Jr High Middle School
  • Olympia High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1792
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1792
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1792
  • Basement Sq Ft: 0
  • Total Sq Ft: 1792
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 712
  • Main Level Sq Ft: 1080
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 209600
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Propane
  • 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: Olympia Elementary
  • High School: Olympia High School
  • Middle/Junior School: Olympia Jr High School
  • Middle/Junior School District: 16

Lot Info

  • Lot Size Acres: 5.06
  • Lot Dimensions: 375X585X378X585
  • Rural (Y/N): Y
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3201.82
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 18, 2024
Sold by
Bethel Shirley D
Bought by
Nolan Katherine
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
List Price
$219,600
Sold Price
$182,777
Premium/Discount to List
-$36,823
-16.77%
Views
121
Current Estimated Value
$187,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,315
Avg. Annual Appreciation
5.39%
Original Mortgage
$162,777
Outstanding Balance
$161,545
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$32,308

Purchase Details

Closed on
Dec 19, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Bethel Shirley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,388
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2022
Sold by
Mccarty Robert W
Bought by
United States Secretary Of Housing And Urban
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 Buyer Sale Price Title Company
Nolan Katherine $183,000 Alliance Land Title
Bethel Shirley D -- Illinois Title Group
United States Secretary Of Housing And Urban $97,683 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolan Katherine $162,777
Previous Owner Bethel Shirley D $121,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $182,777 -12.8% $102 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $209,600 -4.6% $117 / Sq Ft
04/25/2024 04/25/24 For Sale $219,600 0.0% $123 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $219,600 -15.1% $123 / Sq Ft
03/26/2024 03/26/24 For Sale $258,600 -- $144 / 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 $3,202 $44,595 $15,065 $29,530
2022 $3,202 $36,140 $12,209 $23,931
2021 $3,019 $34,033 $11,497 $22,536
2020 $1,990 $33,411 $11,287 $22,124
2019 $1,480 $33,411 $11,287 $22,124
2018 $1,488 $33,411 $11,287 $22,124
2017 $1,485 $33,411 $11,287 $22,124
2016 $1,475 $32,804 $11,082 $21,722
2015 $1,473 $31,759 $10,729 $21,030
2014 $1,349 $30,876 $10,431 $20,445
2013 -- $30,574 $10,329 $20,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11959342

Midwest Real Estate Data (MRED)

APN: 26-34-200-003