2550 Ivy Ln Decatur, IL 62521
Lost Bridge NeighborhoodEstimated payment $2,028/month
Total Views
51,807
3
Beds
2.5
Baths
2,500
Sq Ft
$120
Price per Sq Ft
Highlights
- Deck
- Circular Driveway
- 2 Car Attached Garage
- Attic
- Front Porch
- Patio
About This Home
Step into timeless charm with this sprawling mid-century ranch sitting on a 1 acre corner lot steps from Lake Decatur. Designed and built by an Illinois Architect during the 50's era, this brick 3 bedroom, 2.5 bathroom home blends vintage character and eclectic flair. If "tri-level ranch" was a home style- this would be it! All rooms are spacious, including a raised "piano room" overlooking the living room that contains massive windows with views of the backyard and terraced landscaping. Everything you see has been updated or is newer including the stunning completely custom kitchen that offers brand new appliances and a butler pantry accented with a gold sink, quartz countertops, and gold and black fixtures. Brand new LVP flooring and carpeting, interior and exterior doors, interior and exterior paint, all new light fixtures, plumbing and electrical. All bathrooms are beautiful and completely updated. Lots of large windows letting all of the natural light in! Lastly, the attached 2 car garage is finished and perfect for those rainy or snowy days. Roof was new in 2024. Broker Owned.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,767
Year Built
- Built in 1952
Lot Details
- 0.92 Acre Lot
Parking
- 2 Car Attached Garage
- Circular Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,500 Sq Ft Home
- 1-Story Property
- Replacement Windows
- Family Room with Fireplace
- Laundry on main level
- Attic
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Deck
- Patio
- Front Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Brooks Meadow 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 04-12-25-276-023
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,767 | $60,244 | $16,580 | $43,664 |
| 2023 | $4,689 | $58,111 | $15,993 | $42,118 |
| 2022 | $3,710 | $47,277 | $14,799 | $32,478 |
| 2021 | $3,411 | $44,152 | $13,821 | $30,331 |
| 2020 | $3,307 | $42,102 | $13,179 | $28,923 |
| 2019 | $3,307 | $42,102 | $13,179 | $28,923 |
| 2018 | $4,024 | $49,299 | $20,280 | $29,019 |
| 2017 | $4,150 | $50,615 | $20,821 | $29,794 |
| 2016 | $4,240 | $51,131 | $21,033 | $30,098 |
| 2015 | $4,010 | $50,227 | $20,661 | $29,566 |
| 2014 | $3,713 | $49,729 | $20,456 | $29,273 |
| 2013 | $3,875 | $51,596 | $21,224 | $30,372 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $299,900 | -1.6% | $120 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $304,900 | -3.2% | $122 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $314,900 | +279.4% | $126 / Sq Ft |
| 09/23/2024 09/23/24 | Sold | $83,000 | -33.6% | $36 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | Price Changed | $125,000 | -18.8% | $54 / Sq Ft |
| 08/06/2024 08/06/24 | Price Changed | $154,000 | -10.5% | $67 / Sq Ft |
| 07/16/2024 07/16/24 | Price Changed | $172,000 | -5.5% | $75 / Sq Ft |
| 06/27/2024 06/27/24 | For Sale | $182,000 | -- | $79 / Sq Ft |
Source: Central Illinois Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $83,000 | None Listed On Document | |
| Deed | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $238,000 | Construction |
Source: Public Records
Similar Homes in Decatur, IL
Source: Central Illinois Board of REALTORS®
MLS Number: 6252965
APN: 04-12-25-276-023
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