NOT LISTED FOR SALE

4041 5 Mile Creek Rd Salem, IL 62881

Estimated Value: $287,000 - $320,000

-- Bed
-- Bath
1,593 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 4041 5 Mile Creek Rd, Salem, IL 62881 and is currently estimated at $300,962, approximately $188 per square foot. 4041 5 Mile Creek Rd is a home located in Marion County with nearby schools including Iuka Grade School and Salem Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Meyer Douglas E and Meyer Marilyn J
Bought by
Feldmann Michael William and Feldmann Jessica Ann
Current Estimated Value
$300,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$199,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$101,962
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Feldmann Michael William $299,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldmann Michael William $199,000
Previous Owner Meyer Douglas E $102,500
Source: Public Records

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 $4,630 $87,140 $12,370 $74,770
2023 $4,295 $81,440 $11,560 $69,880
2022 $4,148 $74,040 $10,510 $63,530
2021 $4,067 $69,190 $9,820 $59,370
2020 $4,169 $67,130 $9,530 $57,600
2019 $4,512 $64,670 $9,180 $55,490
2018 $4,676 $64,670 $9,180 $55,490
2017 $3,743 $51,510 $3,090 $48,420
2016 $3,759 $49,530 $2,970 $46,560
2015 $36 $49,530 $2,970 $46,560
2012 $32 $48,550 $2,910 $45,640
Source: Public Records

Map

Illinois Marion County Salem 62849

4041 5 Mile Creek Rd, Salem, IL

This home is located at 4041 5 Mile Creek Rd, Salem, IL 62881 and is currently estimated at $300,962, approximately $188 per square foot. 4041 5 Mile Creek Rd is a home located in Marion County with nearby schools including Iuka Grade School and Salem Community High School.

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