$255,000
SOLD FEB 10, 2025

427 Lighthouse Ln Grand Chain, IL 62941

10 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

30% Below List Price

167 Days on Market

Highlights

  • River View
  • Waterfront
  • No HOA

About This Lot

As of February 2025

57.5 acres overlooking the Ohio River at Grand Chain. Right next to the Grand Chain boat ramp giving you easy access to the river. 32 acres are currently being farmed and producing income. There are several great building spots on this property with gorgeous views from every part of this property. There is a house on the property that is not currently habitable but with a little TLC could be brought back to life.

Last Agent to Sell the Property

Bree Snow

Legacy Farm and Land Specialist License #471022093 Listed on: 07/29/2024

Last Buyer's Agent

Allen Clay

Farmer & Co. Real Estate License #475177720

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Schools

  • Century High School

Additional Features

  • River Views
  • Waterfront
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-03-400-005

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Farm
  • PrincipalMeridian: 3
  • Special Features: None

Exterior Features

  • Lot Features: Agricultural, River View, Water Frontage
  • Road Surface Type: Paved
  • 100YearPlain: Yes

Utilities

  • Utilities: Electricity Available, Other
  • Water Source: Private Well, Public

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No

Schools

  • High School: Century

Lot Info

  • Zoning: Other
  • Lot Size: 57 acres
  • Cultivated Acreage: 32
  • Additional Parcels Description: 06-02-300-006
  • Parcel #: 06-03-400-005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 996.2
  • TaxExemptions: None

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

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $255,000 -20.3% --
08/14/2024 08/14/24 Price Changed $320,000 -11.6% --
07/29/2024 07/29/24 For Sale $362,000 -- --
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 $1,238 $17,652 $4,333 $13,319
2023 $1,238 $15,911 $3,841 $12,070
2022 $1,119 $15,688 $3,618 $12,070
2021 $1,119 $15,488 $3,418 $12,070
2020 $1,102 $15,304 $3,234 $12,070
2019 $1,134 $15,137 $3,067 $12,070
2018 $1,100 $14,986 $2,916 $12,070
2017 $705 $7,899 $1,315 $6,584
2016 $692 $6,807 $1,070 $5,737
2015 -- $6,738 $1,001 $5,737
2014 $527 $6,642 $905 $5,737
2013 $527 $6,630 $893 $5,737
2012 $527 $6,618 $881 $5,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB454471

RMLS Alliance

APN: 06-03-400-005