3918 E 550th Rd Mendota, IL 61342
Estimated payment $3,471/month
Highlights
- Hot Property
- 12.14 Acre Lot
- Living Room
- Second Garage
- Patio
- Laundry Room
About This Home
Welcome to your own slice of paradise spread across 12+ acres of pure potential! This charming 5-bedroom, 3 Bath Home sits on a prime piece of land that's basically a homesteader's dream come true. With 7.5 acres of tillable farmland and multiple fruit trees - apple, peach, pear, and cherry - you can grow your own food and truly live off the land. The tri-level design offers plenty of space for the whole family starting on the main floor with a large eat-in kitchen overlooking the backyard, the living room, generous-sized laundry room, and an updated full bath. Head upstairs to find 4 bedrooms and a full bath. The lower level provides a cozy spot to gather around the wood-burning fireplace, a 5th bedroom and a 3rd updated full bath. Storage is not an issue with plenty of unfinished space in the basement that is currently being utilized as a gym. The outside is where this property truly shines. The out building doubles as a man cave with extra garage space & a workshop that's perfect for weekend projects or storing all those tools & farm "toys". There's even a chicken coop because fresh eggs just taste better when they come from your own backyard. The 12'x20' shed (2020) is the ideal spot for your future farmstand operation. Enjoy sunrises & morning visits from wildlife on on the back patio and end the day taking in the sunset from the front porch - it doesn't get much better than that. So many big ticket updates and projects have been completed in the last 5 years allowing you to move right in and enjoy: new carpeting & LVP flooring throughout, new electrical panels (2021), new drain tiles (2021), new kitchen appliances (2021), new a/c & furnace (2021), new roof on house & detached garage (2022), new water softener (2024), new sump pumps & ejector pump (2025), and the list goes on and on! This can be a turnkey operation for the new owners with some of the farm equipment available for sale outside of the contract. Find the perfect balance of country living and modern convenience. You're close enough to town for necessities but far enough out to enjoy peace, quiet, and room to roam. If you've been dreaming of trading the hustle and bustle for wide open spaces, your self-sufficient lifestyle begins here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,176
Year Built
- Built in 1970
Lot Details
- 12.14 Acre Lot
- Lot Dimensions are 550x516x584x164x1321x487x384
- Poultry Coop
Parking
- 2 Car Garage
- Second Garage
- Driveway
- Parking Included in Price
Home Design
- Split Level with Sub
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,781 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Patio
- Shed
Schools
- Mendota Twp High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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 | $6,176 | $98,901 | $21,423 | $77,478 |
| 2023 | $5,483 | $86,353 | $19,049 | $67,304 |
| 2022 | $5,502 | $86,017 | $18,713 | $67,304 |
| 2021 | $5,829 | $83,817 | $18,078 | $65,739 |
| 2020 | $5,625 | $83,079 | $17,340 | $65,739 |
| 2019 | $5,482 | $80,412 | $16,687 | $63,725 |
| 2018 | $5,370 | $75,840 | $15,728 | $60,112 |
| 2017 | $3,548 | $77,095 | $15,775 | $61,320 |
| 2016 | $3,586 | $78,305 | $15,829 | $62,476 |
| 2015 | $1,786 | $67,403 | $7,451 | $59,952 |
| 2012 | -- | $62,833 | $6,603 | $56,230 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $554,900 | +110.2% | $200 / Sq Ft |
| 11/12/2020 11/12/20 | Sold | $264,000 | -2.2% | $91 / Sq Ft |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $269,900 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $264,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,600 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12468769
APN: 06-13-427000
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