$225,000
SOLD OCT 31, 2024

727 E 500n Rd Gibson City, IL 60936

4 Beds
2 Baths
2,540 Sq Ft
2 Acres

Recently Sold

$89 Per Sq Ft

10% Below List Price

Highlights

  • Wood Flooring
  • Bonus Room
  • 2 Car Detached Garage
  • Farmhouse Style Home
  • Formal Dining Room
  • Laundry Room

About This Home

As of October 2024

Welcome to this charming two-story farmhouse offering over 2,500 square feet of spacious living. As you step through the inviting front porch entry, you are greeted by a cozy living room and a beautiful staircase leading to the second floor. Main floor includes a full bath for quick access and practicality. For added convenience, a second butler staircase connects the kitchen to the upstairs, blending function with vintage charm. The second level boasts five bedrooms and a full bath, perfect for a growing family or additional guest space. Outside, an outbuilding measuring 23.6 x 27.6 offers endless possibilities for storage, a workshop, or a hobby space. Nestled in a peaceful setting, this home is a perfect blend of character and modern convenience. Don't miss your chance to make this your dream farmhouse!

Last Agent to Sell the Property

Alaina Kief

Kief Realty License #475181027 Listed on: 09/29/2024

Co-Listed By

Craig Kief

Kief Realty License #471001282

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1920

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 309 x 282
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Visitor Parking
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range with Range Hood

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Schools

  • Gibson City Elementary School
  • GCMS Middle School
  • Gibson City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2540
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 2535
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2535
  • Basement Sq Ft: 1000
  • Fireplace Location: Living Room
  • Total Sq Ft: 3535
  • Unfinished Basement Sq Ft: 1000
  • Upper Level Sq Ft: 1215
  • Main Level Sq Ft: 1320
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 249900
  • OtherStructures: Outbuilding
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Visitor Parking, Driveway
  • ParkingTotal: 6
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Propane, Forced Air, Wood
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gibson City Elementary School
  • High School: Gibson City High School
  • Middle/Junior School: Gcms Middle School
  • Middle/Junior School District: 5

Lot Info

  • Lot Size Acres: 2
  • Lot Dimensions: 309 X 282
  • Zoning: SINGL
  • Rural (Y/N): Y
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2947
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2024
Closed on
Oct 18, 2024
Sold by
Blangin Brian
Bought by
Lynn Pamela
Seller's Agent
Alaina Kief
Kief Realty
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.14%
Original Mortgage
$213,750
Outstanding Balance
$212,591
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$8,884

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jun 1, 2023
Sold by
Peters James A
Bought by
Blangin Brian
Seller's Agent
Brenda Keith
Brenda Keith Realty INC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$249,900
Sold Price
$202,900
Premium/Discount to List
-$47,000
-18.81%
Views
227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$192,755
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Johnson Eric D and Johnson Amy A
Bought by
Peters James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,120
Interest Rate
6.31%
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 $225,000 None Listed On Document
Warranty Deed $225,000 None Listed On Document
Warranty Deed $202,900 None Listed On Document
Warranty Deed $106,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,750 New Conventional
Closed $213,750 New Conventional
Previous Owner $192,755 New Conventional
Previous Owner $113,960 FHA
Previous Owner $108,120 No Value Available
Previous Owner $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $239,900 -2.0% $100 / Sq Ft
06/19/2025 06/19/25 For Sale $244,900 0.0% $102 / Sq Ft
06/19/2025 06/19/25 Price Changed $244,900 +8.8% $102 / Sq Ft
10/31/2024 10/31/24 Sold $225,000 -10.0% $89 / Sq Ft
10/02/2024 10/02/24 For Sale $249,900 +23.2% $98 / Sq Ft
06/01/2023 06/01/23 Sold $202,900 -3.3% $80 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $209,900 -12.5% $83 / Sq Ft
11/08/2022 11/08/22 Price Changed $239,900 -4.0% $94 / Sq Ft
10/28/2022 10/28/22 For Sale $249,900 -- $98 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,947 $46,500 $5,270 $41,230
2023 $2,947 $41,300 $4,680 $36,620
2022 $2,774 $38,590 $4,370 $34,220
2021 $2,812 $37,100 $4,200 $32,900
2020 $2,663 $35,330 $4,000 $31,330
2019 $2,736 $35,330 $4,000 $31,330
2018 $2,669 $35,330 $4,000 $31,330
2017 $2,784 $30,160 $4,090 $26,070
2016 $2,755 $35,330 $4,000 $31,330
2015 $2,692 $35,330 $4,000 $31,330
2014 $2,692 $35,330 $4,000 $31,330
2013 $2,582 $35,330 $4,000 $31,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12179189

Midwest Real Estate Data (MRED)

APN: 10-12-08-100-010