$365,000
$120K PRICE DROP

402 Edgewood Rd Salem, IL 62881

Estimated payment $2,877/month

Total Views 14,364
5 Beds
3 Baths
3,584 Sq Ft
$102 Price per Sq Ft

Highlights

  • 5 Acre Lot
  • Vaulted Ceiling
  • Home Security System
  • Wooded Lot
  • 2 Car Attached Garage
  • Two Heating Systems

About This Home

5 acres +/- with a newer home and outbuilding in an amazing location?!!!! Call quickly on this one! Original home built in 2012 with addition in 2018. Kitchen/dining combo with large island and pantry. 5 bedrooms and 3 bathrooms (includes 2 tiled showers), unfinished basement space, 36x48 pole barn, wooded acreage for nature enthusiasts. Located at the edge of town - this is a one of a kind opportunity. Owner would consider home and 10 acres +/- for $410,000 Refer to listing EB456254 for home+37 Acres. updated:9/23/25 offer with a kickout in place for the house and 5+/- acres, please consult your agent for details.

Listing Agent

Stacey Russell

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #471017953 Listed on: 04/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,303

Year Built

  • Built in 2012

Lot Details

  • 5 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Home Security System
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Window Egress

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • High Speed Internet

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1101000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,303

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2012
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • PricePerSqFt: 101.84
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Basement: Egress Window(s), Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Soaking Tub, High Speed Internet
  • Living Area: 3584
  • TotalBasementSqFt: 1260
  • KitchenDining: Dining Informal,Island

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Propane, Heating Systems - 2+, Propane Rented
  • Security: Security System
  • Water Source: Aerator/Aerobic, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size Acres: 5
  • Lot Size: 5 acres +/-
  • Additional Parcels Description: To be split
  • Parcel #: 1101000014

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11302.66
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $11,303 $189,528 $6,158 $183,370
2023 $6,169 $98,923 $4,123 $94,800
2022 $4,165 $89,824 $3,644 $86,180
2021 $3,920 $58,809 $3,269 $55,540
2020 $3,767 $57,015 $3,035 $53,980
2019 $3,687 $54,770 $2,770 $52,000
2018 $3,009 $46,043 $2,593 $43,450
2017 $2,969 $44,993 $2,393 $42,600
2016 $2,896 $42,329 $2,139 $40,190
2015 $27 $42,196 $2,006 $40,190
2012 $0 $120 $120 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $365,000 -8.5% $102 / Sq Ft
08/07/2025 08/07/25 Price Changed $399,000 -11.1% $111 / Sq Ft
06/26/2025 06/26/25 Price Changed $449,000 -5.5% $125 / Sq Ft
06/04/2025 06/04/25 Price Changed $475,000 -2.1% $133 / Sq Ft
04/19/2025 04/19/25 For Sale $485,000 -- $135 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,250 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,320 FHA
Source: Public Records

Source: RMLS Alliance

MLS Number: EB457604

RMLS Alliance

APN: 1101000014

Illinois Marion County Salem 62881

402 Edgewood Rd, Salem, IL

This home is located at 402 Edgewood Rd, Salem, IL 62881 and is currently priced at $365,000, approximately $101 per square foot. This property was built in 2012. 402 Edgewood Rd is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Stacey Russell
Listing Agent
Stacey Russell
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SOMER REAL ESTATE
(618) 226-5726