NOT LISTED FOR SALE

402 N Ludlow St Olney, IL 62450

Estimated Value: $60,000 - $130,000

4 Beds
2 Baths
1,350 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 22, 2013

Last sale price $15,000 $11 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $452/month

34 Days on Market

Highlights

  • Porch
  • Garage
  • 3-minute walk to Olney City Park

About This Home

As of July 2013

A Great Investment Opportunity! This 4 Bedroom, 1 1/2 Bath Bungalow needs some TLC. It has a Large Living Room, Dining Room and Kitchen with one Bedroom and a half bath on the main floor. There are 3 Large bedrooms and a full bath upstairs. It has hardwood floors throughout that were restored in 2006. The electric was also updated in 2006. The original woodwork, flooring and staircase give it so much charm! If you are looking for an investment, a starter home or rental, this home is waiting for you. It is currently being utilized as a rental property. Call us today for an appointment! None

Last Agent to Sell the Property

Julia Mitchel

American Dreams Realty LLC Listed on: 06/06/2013

Last Buyer's Agent

Julia Mitchel

American Dreams Realty LLC Listed on: 06/06/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 4,792

Parking

  • Garage

Interior Spaces

  • 2 Bathrooms
  • 1.5-Story Property

Schools

  • East Richland Elementary School

Additional Features

  • Porch
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Unit Style: 1-Level
  • Legal Description: S 50' of Lot 5 & 6 Peter McDonald Addition
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Tv Available
  • Total Bathrooms: 2
  • Bedrooms: 4
  • Basement Foundation: Full, Unfinished
  • Basement Finished Sq Ft: 684
  • Total Basement Sq Ft: 1368
  • Price Per Sq Ft: 22.52
  • Finished Sq Ft: 1350
  • Total Sq Ft: 666
  • Finished Main Level Sq Ft: 666

Exterior Features

  • Exterior: Composition Siding
  • Exterior Amenities: Porch
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: City City City

Schools

  • Elementary School: East Richland
  • High School: East Richland
  • Elementary School: East Richland

Lot Info

  • Estimated Lot Size: 50 X 102.5
  • Estimated Number of Acres: 0.11
  • Lot Description: Corner
  • Zoning: Residential
  • Subdivision: Peter McDonald
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 989
  • Parcel Id Number Tax Id: 06-34-310-005
  • Tax Year: 2012

MLS Schools

  • High School School District: East Richland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 22, 2013
Sold by
Lusk Louie M and Lusk Doris Ann
Bought by
Maschhoff Tara R
Seller's Agent
Julia Mitchel
American Dreams Realty LLC
Buyer's Agent
Julia Mitchel
American Dreams Realty LLC
List Price
$22,000
Sold Price
$15,000
Premium/Discount to List
-$7,000
-31.82%
Current Estimated Value
$74,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,071
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Maschhoff Tara R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2013 07/22/13 Sold $15,000 -31.8% $11 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $22,000 -- $16 / Sq Ft
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 $516 $6,796 $3,556 $3,240
2023 $692 $8,888 $3,293 $5,595
2022 $660 $8,230 $3,049 $5,181
2021 $662 $7,838 $2,904 $4,934
2020 $655 $7,684 $2,847 $4,837
2019 $662 $7,684 $2,847 $4,837
2018 $652 $7,684 $2,847 $4,837
2017 $642 $7,608 $2,819 $4,789
2016 $495 $5,793 $2,685 $3,108
2015 $480 $5,570 $2,582 $2,988
2014 $460 $5,460 $2,531 $2,929
2013 $989 $12,042 $2,318 $9,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB319039

RMLS Alliance

APN: 06-34-310-005