$255,000
SOLD FEB 10, 2025

427 Lighthouse Ln Grand Chain, IL 62941

10 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

30% Below List Price

167 Days on Market

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 Buyer's Agent

Allen Clay

Farmer & Co. Real Estate License #475177720

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Schools

  • Century High School

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Private Water Source

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Current Use: Agricultural
  • Subdivision Name: None
  • Legal Description: s03 T 1 5 R2E PT S PT SE 87-81,216-934,238-89,238-89
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: Paved

Utilities

  • Utilities: Electric to Site, Other
  • Water Source: Private

Schools

  • High School: Century

Lot Info

  • Lot Dimensions: 57 acres
  • Zoning: Other

Tax Info

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

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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Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $255,000 -29.6% --
01/12/2025 01/12/25 Pending -- -- --
07/29/2024 07/29/24 For Sale $362,000 -- --
Source: Midwest Real Estate Data (MRED)

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: Midwest Real Estate Data (MRED)

MLS Number: EB454471

Midwest Real Estate Data (MRED)

APN: 06-03-400-005