$52,500
SOLD DEC 12, 2025

402 3rd St Lincoln, IL 62656

3 Beds
1.5 Baths
1,284 Sq Ft
1888 Built

Recently Sold

$41 Per Sq Ft

12% Below List Price

2 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Porch
  • Central Elementary School Rated A-
  • 1 Car Detached Garage
  • Whole House Fan

About This Home

As of December 2025

This stately 3-bedroom, 1.5 bath two story vinyl sided corner lot residential dwelling packs ample potential at a practical price! Main floor of home offers an inviting 9X11 foyer host to an open staircase, bright and airy 15X15 front facing living room, and an open kitchen/dining area host to an adjacent half bath as well as a side facing exterior access point. Upstairs, you will find three nice sized bedrooms in addition to a full hall bath. Property also features a full basement with laundry facilities, mechanicals, and great storage/work space, a side deck, covered front porch, privacy fenced yard, whole house attic fan, and a detached garage. Opportunity knocks with this smartly priced corner lot property -- a great fall/winter project! ** Property is being sold AS IS, WHERE IS. Cash or conventional financing only, please! **

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 11/03/2025

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 11/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 80x93
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,284 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-310-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1888

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1888
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1284
  • Window Features: Blinds
  • KitchenDining: Breakfast Bar,Dining Informal,Eat-In Kitchen

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Air, Whole House Fan
  • Heating: Natural Gas, Forced Air
  • Water Source: Public, Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 80X93
  • Parcel #: 12-310-004-00

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2561.18
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
Towne Mortgage Co
Bought by
Razorback Capital Llc

Purchase Details

Closed on
Jul 30, 2025
Sold by
Logan County Sheriff
Bought by
Towne Mortgage Co

Purchase Details

Listed on
Aug 7, 2019
Closed on
Jan 31, 2020
Sold by
Mcevers Michael E
Bought by
Peterson Marcus O and Peterson Sara A
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$94,900
Sold Price
$84,900
Premium/Discount to List
-$10,000
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$84,587
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Mcevers Michael E
Bought by
Mcevers Michael E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Special Warranty Deed $33,000 Gr
Sheriffs Deed -- None Available
Warranty Deed $85,000 None Available
Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,587 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 Sold $52,500 -12.4% $41 / Sq Ft
11/05/2025 11/05/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $59,900 -29.4% $47 / Sq Ft
01/31/2020 01/31/20 Sold $84,900 -10.5% -- View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $94,900 -- --
Source: RMLS Alliance

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 $2,561 $34,320 $7,140 $27,180
2023 $2,404 $31,780 $6,610 $25,170
2022 $2,298 $29,630 $6,160 $23,470
2021 $2,199 $28,530 $5,930 $22,600
2020 $3,272 $39,470 $5,930 $33,540
2019 $3,192 $38,690 $5,810 $32,880
2018 $3,086 $37,210 $5,590 $31,620
2017 $3,069 $37,210 $5,590 $31,620
2016 $3,036 $37,650 $5,660 $31,990
2015 $2,809 $36,430 $5,450 $30,980
2014 $2,809 $36,430 $5,450 $30,980
2013 $2,809 $33,620 $5,030 $28,590
2012 $2,809 $34,110 $5,100 $29,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1040310

RMLS Alliance

APN: 12-310-004-00