$175,900
SOLD MAR 6, 2025

654 1550th St Lincoln, IL 62656

3 Beds
2 Baths
1,352 Sq Ft
5 Acres

Recently Sold

$130 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Garden Bath
  • West Lincoln-Broadwell Elementary School Rated 9+
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2025

5 Acre rural property complete with a recently updated 3-bedroom - 2 bath home Located in West Lincoln School District. Country property features a 2-car garage, small barn style outbuilding, an additional storage shed with a lower basement storm shelter room. 3 of the 5 acres have 30+ year old walnut trees that could be harvested or remain. 1 of the 5 acres is currently being farmed with a $200.00 a year payment from a neighboring farmer. Home has a nice sized eat-in kitchen with an island and several windows and skylights. Other notable features include a functioning fireplace in the living room, garden tub in the master bath, 2nd full hallway bathroom and all appliances to remain (frig, stove, dishwasher, microwave, washer and dryer. Home was manufactured in 2001.

Last Agent to Sell the Property

Michael Simonson

Werth & Assoc, REALTORS Brokerage Phone: 217-735-3411 License #475130057 Listed on: 01/20/2025

Last Buyer's Agent

Adam Williams

Keller Williams Revolution License #475179978

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • W Lincoln-Brdwl Elementary And Middle School
  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-031-002-40

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 130.1
  • Attribution Contact: Phone: 217-735-3411
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s), Garage Door Opener(s), Garden Tub
  • Living Area: 1352
  • KitchenDining: Eat-In Kitchen,Island

Exterior Features

  • Lot Features: Level, Wooded
  • Construction Type: Mfg - Double/Triple Wide, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Paved

Utilities

  • Heating: Propane, Forced Air, Propane Rented, Central Air
  • Water Source: Private Well, Septic System
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: W Lincoln-Brdwl
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: W Lincoln-Brdwl

Lot Info

  • Lot Size Acres: 5
  • Lot Size: 5 acres
  • Parcel #: 12-031-002-40

Tax Info

  • Tax Year: 23
  • Tax Annual Amount: 895.46
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Mar 6, 2025
Sold by
Johnson Tony E and Johnson Angela P
Bought by
Mcfeeters Benjamin
Seller's Agent
Michael Simonson
Werth & Assoc, REALTORS
Buyer's Agent
Adam Williams
Keller Williams Revolution
List Price
$184,900
Sold Price
$175,900
Premium/Discount to List
-$9,000
-4.87%
Views
66
Current Estimated Value
$176,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892
Avg. Annual Appreciation
-0.08%
Original Mortgage
$172,713
Outstanding Balance
$172,575
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$3,269

Purchase Details

Closed on
Oct 20, 1992
Bought by
Shumard Douglas G
Source: Public Records

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Range of Values:

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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 $176,000 None Available
Deed $36,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,713 FHA
Previous Owner $117,000 New Conventional
Previous Owner $100,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $175,900 -4.9% $130 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $184,900 +42.2% $137 / Sq Ft
02/20/2024 02/20/24 Sold $130,000 -7.1% $96 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $140,000 -- $104 / Sq Ft
Source: RMLS Alliance

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 $2,614 $39,670 $6,770 $32,900
2023 $895 $13,370 $7,590 $5,780
2022 $861 $12,470 $7,080 $5,390
2021 $838 $12,010 $6,820 $5,190
2020 $837 $12,010 $6,820 $5,190
2019 $815 $11,780 $6,690 $5,090
2018 $801 $11,320 $6,430 $4,890
2017 $803 $11,320 $6,430 $4,890
2016 $809 $11,460 $6,510 $4,950
2015 $742 $11,480 $6,710 $4,770
2014 $742 $11,480 $6,710 $4,770
2013 $742 $10,590 $6,190 $4,400
2012 $742 $10,740 $6,280 $4,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1034001

RMLS Alliance

APN: 12-031-002-40