Large Location Icon

112 N Merchant St; Decatur, IL Property Details

112 N Merchant St, Decatur, IL is a Bar, Tavern. This property is currently Financed and is not for sale. The lot size of 112 N Merchant St is 3,049 square feet.

Off market
112 N Merchant St Decatur, IL 62523
$78,367 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $840,000
  • Open Loans: 1
  • APN: 04-12-15-282-013
  • Situs County: Macon
  • Length Of Ownership: 2 years, 5 months

Measurements

  • Lot: 3,049/SqFt

Legal Description

  • Description: L 0016 B 00 RES OF LTS 1-2-3-4-8 BLK 2 OF ORIGINAL TOWN OF DECATUR LTS 15 IRREG &
Building Insights

Land Information

  • Property Type: Bar, Tavern
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Decatur School District 61
  • Lat / Lon: 39.841694 / -88.95542
  • Subdivision: Original Town Now City Decatur
  • Property Class: Commercial
  • Zoning: MUNICIPAL
  • County Use Code: 0060

Amenities

  • Plus Four: 1217

Ownership Info

112 N Merchant St has no associated ownership info
112 N Merchant St has no associated ownership info.

Taxes

112 N Merchant St has 10 associated Taxes items

112 N Merchant St, Decatur, IL pays taxes in Macon County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $78,367. The APN we've located for 112 N Merchant St is 04-12-15-282-013.

Unlock the full report
Taxes
  • Assessed Value:  $78,367
  • Assessed Year:  2025
  • Assessed County:  Macon
  • APN:  04-12-15-282-013
  • Assessed Land Value:  4727
  • Market Land Value:  14182
  • Tax Amount:  7313.52
  • Tax Year:  2025
  • Market Value:  235124
  • Market Year:  2025

Tax History

112 N Merchant St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,367 Land Value $4,727 Improvement Value $73,640 Tax Amount $7,313.52 Change Rate +0.034116% Assessed CR Tax Rate +0.093324%
Year 2024 Assessed Value $73,056 Land Value $4,407 Improvement Value $68,649 Tax Amount $7,072.24 Change Rate +0.00837% Assessed CR Tax Rate +0.096806%
Year 2023 Assessed Value $70,470 Land Value $4,251 Improvement Value $66,219 Tax Amount $7,013.54 Change Rate +0.051631% Assessed CR Tax Rate +0.099525%
Year 2022 Assessed Value $65,210 Land Value $3,934 Improvement Value $61,276 Tax Amount $6,669.2 Change Rate +0.064323% Assessed CR Tax Rate +0.102273%
Year 2021 Assessed Value $60,899 Land Value $3,674 Improvement Value $57,225 Tax Amount $6,266.14 Change Rate +0.01474% Assessed CR Tax Rate +0.102894%
Year 2020 Assessed Value $58,071 Land Value $3,503 Improvement Value $54,568 Tax Amount $6,175.12 Change Rate Assessed CR Tax Rate +0.106337%
Year 2019 Assessed Value $58,071 Land Value $3,503 Improvement Value $54,568 Tax Amount $6,175.12 Change Rate +0.008753% Assessed CR Tax Rate +0.106337%
Year 2018 Assessed Value $58,264 Land Value $3,515 Improvement Value $54,749 Tax Amount $6,121.54 Change Rate -0.02302% Assessed CR Tax Rate +0.105066%
Year 2017 Assessed Value $59,819 Land Value $3,609 Improvement Value $56,210 Tax Amount $6,265.78 Change Rate -0.018693% Assessed CR Tax Rate +0.104746%
Year 2016 Assessed Value $60,430 Land Value $3,646 Improvement Value $56,784 Tax Amount $6,385.14 Change Rate +0.052334% Assessed CR Tax Rate +0.105662%
Year 2015 Assessed Value $59,362 Land Value $3,582 Improvement Value $55,780 Tax Amount $6,067.6 Change Rate +0.076904% Assessed CR Tax Rate +0.102214%
Year 2014 Assessed Value $58,775 Land Value $3,547 Improvement Value $55,228 Tax Amount $5,634.3 Change Rate -0.032173% Assessed CR Tax Rate +0.095862%
Year 2013 Assessed Value $60,982 Land Value $3,680 Improvement Value $57,302 Tax Amount $5,821.6 Change Rate Assessed CR Tax Rate +0.095464%