$309,000

5548 E Gadde Bridge Ln Olney, IL 62450

Estimated payment $1,779/month

Total Views 200
3 Beds
1.5 Baths
1,540 Sq Ft
$201 Price per Sq Ft

Highlights

  • Popular Property
  • 6.98 Acre Lot
  • 1 Fireplace
  • Home fronts a pond
  • Main Floor Primary Bedroom
  • Separate Outdoor Workshop

About This Home

This legacy home situated on 6.98 acres on the edge of town on paved roads has so much to offer, with 1,540 sf, two oversized living rooms, 3 bedrooms, dining area, kitchen, 1 full and 1 one half bath, central air and heat, a full basement with kitchen and laundry, all appliances included, wrapped up with a two car attached garage. 1 ~ 40 x 60 shed, heated with concrete floors and electricity 1 ~ 40 x 64 shed, heated with concrete floors and electricity 1 ~ 21.5 x 36 two car unattached with electricity The layout of the land with the gorgeous pond will make you say yes, yes, yes!

Listing Agent

Michelle Kauble

Racklin Realty Inc. Listed on: 12/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1966

Lot Details

  • 6.98 Acre Lot
  • Home fronts a pond

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • ExteriorOpenPorch: Yes
  • ExteriorPatio: Yes
  • FloorCarpet: Yes
  • FloorLinoleum: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatTypeForcedAir: Yes
  • KitchenCounterType: Laminate
  • LandRentAmount: 0
  • Lot Size Acres: 6.98
  • Number Of Stories: 0
  • OutbuildingGeneral: Yes
  • OutbuildingShed: Yes
  • OutbuildingWorkshop: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Olney
  • PropertyTownship: 09
  • Prop. Type: House (Detached)
  • Renovation Year: 0
  • ResidentialStyle: Ranch
  • RoofAsphalt: Yes
  • Dining Room: Yes
  • Family Room: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Kitchen: Yes
  • SaleTypeEstate: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • USStateAbbreviation: IL
  • WaterfrontPond: Yes
  • WaterSourceType: Private Well
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • ApplianceDishwasher: Yes
  • ApplianceMicrowave: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • BasementPartlyFinished: Yes
  • Basement Type: Full
  • Kitchen Type: Galley
  • Fireplaces: 1
  • Living Room: Yes
  • AboveArea Sq Ft: 1540

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Garage Type: Attached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Private Septic

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $1,904 $79,350 $11,854 $67,496
2023 $1,941 $73,472 $10,976 $62,496
2022 $1,990 $68,030 $10,163 $57,867
2021 $2,072 $64,790 $9,679 $55,111
2020 $2,093 $63,519 $9,489 $54,030
2019 $2,119 $63,519 $9,489 $54,030
2018 $2,102 $63,519 $9,489 $54,030
2017 $2,105 $62,890 $9,395 $53,495
2016 $2,141 $59,896 $8,948 $50,948
2015 $2,168 $57,592 $8,604 $48,988
2014 $2,115 $56,462 $8,435 $48,027
2013 $2,116 $51,706 $7,725 $43,981
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $309,000 -- $201 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: My State MLS

MLS Number: 11614636

APN: 06-36-200-010