NOT LISTED FOR SALE

501 W Madison St Danville, IL 61832

Estimated Value: $25,869 - $76,000

0.16 Acre
$318,344 Price per Acre
6,803 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $10,000

Est. 409% increase in value since last sale

Current estimated payment $281/month

390 Days on Market

About This Lot

As of May 2024

Corner vacant lot approx 50 x 134 close to new business developments. Corner of Madison and Robinson. Currently zoned residential.

Last Agent to Sell the Property

Renae Stine

BARNEY REALTY License #475133575 Listed on: 03/29/2023

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $154

Lot Details

  • 6,803

Additional Features

  • 6,803 Sq Ft Lot
  • No Utilities

Listing and Financial Details

  • Assessor Parcel Number 23-08-102-019

Property Details

Property Type

Land

Est. Annual Taxes

$154

Lot Details

0

Listing Details

  • Directions: Route 1 to Danville. Turn west on Madison. Corner of Robinson and Madison.
  • Lot Size Acres: 0.16
  • Property Sub Type: Residential
  • Prop. Type: Land
  • Property Sub Type Additional: Residential
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No

Utilities

  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: None

Schools

  • Junior High Dist: Danville District #118

Lot Info

  • Lot Size Sq Ft: 6803.0
  • Parcel #: 23-08-102-019
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 3, 2024
Sold by
Kkr Partners Llc
Bought by
City Of Danville
Seller's Agent
Renae Stine
BARNEY REALTY
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$42,000
Sold Price
$10,000
Premium/Discount to List
-$32,000
-76.19%
Views
80
Current Estimated Value
$50,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,935
Avg. Annual Appreciation
196.04%

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 8, 2021
Sold by
Stout Angelina T
Bought by
Kkr Partners Llc
Seller's Agent
Nate Byram
Coldwell Banker Real Estate Group
Buyer's Agent
Renae Stine
BARNEY REALTY
List Price
$29,500
Sold Price
$18,500
Premium/Discount to List
-$11,000
-37.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.05%
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
City Of Danville -- None Listed On Document
Kkr Partners Llc $18,500 Acton & Snyder Llp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $10,000 -76.2% --
04/23/2024 04/23/24 Pending -- -- --
03/29/2023 03/29/23 For Sale $42,000 +127.0% --
01/19/2021 01/19/21 Sold $18,500 -37.3% $12 / Sq Ft View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $29,500 -- $20 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $154 $1,706 $1,706 $0
2023 $154 $1,465 $1,465 $0
2022 $144 $5,322 $1,297 $4,025
2021 $0 $4,928 $1,201 $3,727
2020 $0 $4,761 $1,160 $3,601
2019 $0 $4,761 $1,160 $3,601
2018 $0 $4,737 $1,154 $3,583
2015 -- $4,207 $1,025 $3,182
2014 -- $4,207 $1,025 $3,182
2013 -- $4,207 $1,025 $3,182
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Renae Stine

    BARNEY REALTY

    (217) 304-7572

    24 in this area

    58 Total Sales

    Renae Stine
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Central Illinois Board of REALTORS

  • Nate Byram

    Seller's Agent in 2021

    Nate Byram

    Coldwell Banker Real Estate Group

    (217) 474-0858

    110 in this area

    185 Total Sales

    Nate Byram
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6226621

APN: 23-08-102-019

Illinois Vermilion County Danville 61832

501 W Madison St, Danville, IL

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