NOT LISTED FOR SALE

505 E Johnson Ave Decatur, IL 62526

Martin Luther King Neighborhood

Estimated Value: $31,000 - $84,000

2 Beds
1 Bath
884 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $17,500 $20 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $377/month

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Gas
  • 1-Story Property
  • Central Air

About This Home

As of May 2024

Value-Add Single Family Home. 2 bedroom, 1 bathroom home on a full basement. Roof is tarped, an active leak inside in living room. House offers a good sized lot & detached 2 car garage. Cash offers only! Being sold As Is!

Last Agent to Sell the Property

Austin Deaton

Brinkoetter REALTORS® License #475198953 Listed on: 04/26/2024

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned MUN

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-12-11-106-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 884.0
  • Directions: Martin Luther King Jr Dr. to E Johnson
  • Lot Size Acres: 0.16
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Year Built: 1925
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 884.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 04-12-11-106-007
  • Zoning: MUN
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 691.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Ladybug Realty Llc
Bought by
Ladybug Realty Llc - Series Johnson
Current Estimated Value
$59,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,248
Outstanding Balance
$209,252
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$157,066

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 22, 2024
Sold by
Mercury Factoring Inc
Bought by
Ladybug Realty Llc
Seller's Agent
Austin Deaton
Brinkoetter REALTORS®
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$23,000
Sold Price
$17,500
Premium/Discount to List
-$5,500
-23.91%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.26%

Purchase Details

Listed on
Apr 26, 2024
Closed on
Apr 18, 2024
Sold by
Moore Janet M
Bought by
Mercury Factoring Inc
Seller's Agent
Austin Deaton
Brinkoetter REALTORS®
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$23,000
Sold Price
$17,500
Premium/Discount to List
-$5,500
-23.91%
Views
50
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
Ladybug Realty Llc - Series Johnson -- None Listed On Document
Ladybug Realty Llc $17,500 None Listed On Document
Mercury Factoring Inc $7,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladybug Realty Llc $211,248
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $17,500 -23.9% $20 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $23,000 -- $26 / 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 $729 $7,526 $396 $7,130
2023 $723 $7,260 $382 $6,878
2022 $691 $6,754 $390 $6,364
2021 $649 $6,309 $365 $5,944
2020 $640 $6,017 $349 $5,668
2019 $640 $6,017 $349 $5,668
2018 $685 $6,518 $199 $6,319
2017 $701 $6,692 $204 $6,488
2016 $714 $6,760 $206 $6,554
2015 $679 $6,640 $202 $6,438
2014 $630 $6,574 $200 $6,374
2013 $651 $6,820 $207 $6,613
Source: Public Records

Agents Affiliated with this Home

  • Austin Deaton

    Seller's Agent in 2024

    Austin Deaton

    Brinkoetter REALTORS®

    (217) 620-1843

    2 in this area

    154 Total Sales

    Austin Deaton
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Central Illinois Board of REALTORS

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6241365

APN: 04-12-11-106-007

Illinois Macon County Decatur 62526 Martin Luther King

505 E Johnson Ave, Decatur, IL

This home is located at 505 E Johnson Ave, Decatur, IL 62526 since 26 April 2024 and is currently estimated at $59,333, approximately $67 per square foot. This property was built in 1925. 505 E Johnson Ave is a home located in Macon County with nearby schools including Hope Academy.

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