NOT LISTED FOR SALE

402 Edgewood Rd Salem, IL 62881

Estimated Value: $357,000 - $534,000

5 Beds
3 Baths
3,584 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2025

Last sale price $335,000 $93 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,303 / mo

170 Days on Market

Highlights

  • 5 Acre Lot
  • Vaulted Ceiling
  • Home Security System
  • Wooded Lot
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 04/19/2025

Last Buyer's Agent

Jayme Michel

Equity Realty Group License #475195674

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
  • Parking Available
  • Garage Door Opener

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Home Security System
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms
  • Garden Bath

Unfinished Basement

  • Partial Basement
  • Basement Window Egress

Outdoor Features

  • Outbuilding

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Zoned Heating and Cooling
  • Two Heating Systems
  • Heating System Uses Propane

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,303

Year Built

Built in 2012

Lot Details

5 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Attached: Townhouse-2 Story
  • Type Detached: 2 Stories
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: None
  • Year Built: 2012
  • Age: 11-15 Years
  • Legal Description: 5 Acres +/- to be surveyed.
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Basement: Unfinished, Egress Window, Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s)
  • LivingArea: 3584
  • Other Equipment: Security System
  • Bathroom Amenities: Garden Tub
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Lot Features: Wooded
  • OtherStructures: Outbuilding

Garage/Parking

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

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Propane, Sep Heating Systems - 2+
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 5
  • Lot Dimensions: 5 acres +/-

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 11302.66
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2026
Sold by
Bought by
Current Estimated Value
$437,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,296
Outstanding Balance
$193,296
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$243,808

Purchase Details

Listed on
Apr 19, 2025
Closed on
Nov 18, 2025
Sold by
Bought by
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Jayme Michel
Equity Realty Group
List Price
$485,000
Sold Price
$335,000
Premium/Discount to List
-$150,000
-30.93%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.48%
Original Mortgage
$251,250
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,320
Interest Rate
4.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$192,000 None Listed On Document
-- None Listed On Document
$55,250 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $193,296
Previous Owner $251,250
Previous Owner $88,320
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $335,000 -30.9% $93 / Sq Ft
10/06/2025 10/06/25 Pending -- -- --
04/19/2025 04/19/25 For Sale $485,000 -- $135 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2025

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    203 Total Sales

    Stacey Russell
    Section Image
  • Jayme Michel

    Buyer's Agent in 2025

    Jayme Michel

    Equity Realty Group

    (618) 292-7938

    157 Total Sales

    Jayme Michel
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB457604

Midwest Real Estate Data (MRED)

APN: 1101000014

Illinois Marion County Salem 62881

402 Edgewood Rd, Salem, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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