$96,900
SOLD OCT 16, 2024

548 W Macon St Decatur, IL 62522

Near West Neighborhood
-- Bed
-- Bath
1,784 Sq Ft
6,045 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

18% Below List Price

125 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Well built brick duplex on dead end street. Two large apartments. Fully rented. 2-car detached garage could provide additional income. Electric is metered separately - could be divided for tenant payment. Laundry in basement. Do not overlook this turnkey opportunity. Expenses shown include property taxes, electric, gas, water, garbage service, and insurance.

Last Agent to Sell the Property

John Sellers

Brinkoetter REALTORS® License #471018198

Last Buyer's Agent

Trisha Beck

Beck Realtors, Inc. License #471020223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1929

Lot Details

  • 6,045 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Range

Schools

  • Macarthur High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 04-12-15-401-009

Community Details

Overview

  • 2 Units
  • Southwestern Add Subdivision

Building Details

  • Operating Expense $9,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 1189.0
  • Directions: Wood Street to south on College Ave then west on Macon St.
  • Lot Size Acres: 0.14
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Subdivision Name: Southwestern Add
  • Year Built: 1929
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Interior Amenities: Fireplace
  • Owner Pays: All Utilities
  • Fireplace Features: Family/Living/Great Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • High School: Macarthur
  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 6045.0
  • Parcel #: 04-12-15-401-009
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9900.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1638.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Oct 16, 2024
Sold by
Chictac Properties Llc
Bought by
Lt Rentals Llc
Seller's Agent
John Sellers
Brinkoetter REALTORS®
Buyer's Agent
Trisha Beck
Beck Realtors, Inc.
List Price
$117,500
Sold Price
$96,900
Premium/Discount to List
-$20,600
-17.53%
Total Days on Market
125
Views
34
Current Estimated Value
$91,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,442
Avg. Annual Appreciation
-9.33%
Original Mortgage
$77,520
Outstanding Balance
$76,542
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$14,916

Purchase Details

Closed on
Oct 20, 2022
Sold by
Macon Revocable Trust
Bought by
Chitac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2019
Sold by
Thompson Kristopher D
Bought by
Macon Trust

Purchase Details

Closed on
May 1, 2011

Purchase Details

Closed on
Jun 25, 2010
Sold by
Gasber Evelyn J
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 1, 2002

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $97,000 None Listed On Document
Deed $45,000 --
Warranty Deed $17,000 None Available
Deed $21,200 --
Sheriffs Deed -- None Available
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,520 Credit Line Revolving
Previous Owner $29,250 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $96,900 -14.2% $54 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/25/2024 08/25/24 Price Changed $112,900 -3.9% $63 / Sq Ft
05/16/2024 05/16/24 For Sale $117,500 -- $66 / Sq Ft
Source: Central Illinois Board of REALTORS®

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
2023 $1,637 $16,453 $1,862 $14,591
2022 $731 $7,146 $1,473 $5,673
2021 $687 $6,674 $1,376 $5,298
2020 $677 $6,364 $1,312 $5,052
2019 $677 $6,364 $1,312 $5,052
2018 $671 $6,385 $1,316 $5,069
2017 $687 $6,555 $1,351 $5,204
2016 $700 $6,622 $1,365 $5,257
2015 $665 $6,505 $1,341 $5,164
2014 $617 $6,441 $1,328 $5,113
2013 $638 $6,683 $1,378 $5,305
Source: Public Records

Source: Central Illinois Board of REALTORS®

MLS Number: 6241789

APN: 04-12-15-401-009

Illinois Macon County Decatur 62522 Near West

548 W Macon St, Decatur, IL

Homes for Sale in Decatur, IL

This home is located at 548 W Macon St, Decatur, IL 62522 and is currently priced at $96,900, approximately $54 per square foot. This property was built in 1929. 548 W Macon St is a home located in Macon County with nearby schools including Dennis Lab School, St. Patrick School, and Teen Challenge-Home For Girls.

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