$18,000
SOLD MAY 29, 2025

408 N Walnut St Arrowsmith, IL 61722

4 Beds
2 Baths
1,652 Sq Ft
1889 Built

Recently Sold

$11 Per Sq Ft

10% Below List Price

2 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of May 2025

Great opportunity for an investor!!! 4 Bed 2 Bath farmhouse with so much potential. Large dining and family room. Some flooring will be left with the home to be completed by the new owner. Home is being sold "AS IS" Enter at own risk. Must sign hold harmless agreement prior to showing.

Last Agent to Sell the Property

Carrie Reardon

RE/MAX Rising License #475172822 Listed on: 05/04/2025

RE/MAX Rising

Last Buyer's Agent

Jaiden Snodgrass

RE/MAX Rising License #475188229

RE/MAX Rising

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1889

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Cellar
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Ridgeview Elementary School
  • Ridgeview Jr High Middle School
  • Ridgeview Jr High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 1889

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Not Applicable
  • Year Built: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Cellar
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1652
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1652
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2846
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ridgeview Elementary School
  • High School: Ridgeview Jr High School
  • Middle/Junior School: Ridgeview Jr High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 15600
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2648.38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2025
Closed on
May 28, 2025
Sold by
Boettcher-Case Allison and Boettcher Allison
Bought by
Haycoo Llc and Toak Llc
Seller's Agent
Carrie Reardon
RE/MAX Rising
Buyer's Agent
Jaiden Snodgrass
RE/MAX Rising
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%
Views
17
Current Estimated Value
$117,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,810
Avg. Annual Appreciation
1622.77%

Purchase Details

Closed on
May 8, 2024
Sold by
Case Stan and Case Stanley G
Bought by
Boettcher Allison and Boettcher-Case Allison

Purchase Details

Closed on
Oct 22, 2008
Sold by
National City Bank
Bought by
Case Stan and Boettcher Case Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,605
Interest Rate
6.09%

Purchase Details

Closed on
Aug 13, 2008
Sold by
Koehler Aren D and Koehler Kelly N
Bought by
National City Bank

Purchase Details

Closed on
May 5, 2006
Sold by
Netbank
Bought by
Koehler Aren D and Koehler Kelly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
6.68%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Kleist Steven J and Kleist Steve J
Bought by
Netbank
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $18,000 Alliance Land Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $46,000 Frontier Title Co
Warranty Deed $74,800 None Available
Warranty Deed $84,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,605 No Value Available
Previous Owner $91,100 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $18,000 -10.0% $11 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $20,000 -- $12 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,373 $39,774 $4,902 $34,872
2022 $2,373 $32,373 $3,990 $28,383
2021 $2,228 $30,743 $3,789 $26,954
2020 $2,179 $30,238 $3,727 $26,511
2019 $2,713 $30,238 $3,727 $26,511
2018 $2,626 $30,238 $3,727 $26,511
2017 $2,589 $29,856 $3,680 $26,176
2016 $2,591 $29,856 $3,680 $26,176
2015 $2,504 $28,816 $3,552 $25,264
2014 $2,390 $28,816 $3,552 $25,264
2013 -- $28,816 $3,552 $25,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12355724

Midwest Real Estate Data (MRED)

APN: 24-15-151-003