Taxes
- Assessed Value: $87,680
- Assessed Year: 2025
- Assessed County: Peoria
- APN: 14-28-331-014
- Assessed Land Value: 9250
- Market Land Value: 27750
- Tax Amount: 7214.3
- Tax Year: 2025
- Market Value: 263040
- Market Year: 2025
115 W Merle Ln; Peoria, IL Property Details
Off market
115 W Merle Ln Peoria, IL 61604
$255,000 Listing Price
3 Beds
2.5 Baths
1,987 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1954
- Purchase Price: $255,000
- Open Loans / Balance: 2 / $247,015
- Est. Equity / %: $54,985 / 18.21%
- Gross Yield: 15.791%
- APN: 14-28-331-014
- Situs County: Peoria
- Length Of Ownership: 3 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Good
- Building Quality: C
- Deck: true
Measurements
- Total: 1,987/SqFt
- Lot: 8,412/SqFt
- Gross: 3,580/SqFt
- Garage: 312/SqFt
- Living: 1,987/SqFt
- Basement: 1,761/SqFt
- Building: 3,580/SqFt
- Ground: 1,819/SqFt
- Basement Finished: 168/SqFt
- Basement Unfinished: 1,593/SqFt
- Price Per Square Foot: $128.33
Legal Description
- Description: MERLE LANE SUB SW 1/4 SEC 28-9-8E LOT 14 & W 25 LOT 15
Building Insights
Land Information
- Property Type: Single Family
- School District: Peoria School District 150
- Lat / Lon: 40.729843 / -89.59496
- Subdivision: Merle Lane Sub
- Property Class: Residential
- County Use Code: RO
Amenities
- Plus Four: 1614
- Bathroom Fixtures: 10
- Cooling: Yes
- Fireplaces: 1
- Garage: Built-in
Ownership Info
115 W Merle Ln has no associated ownership info
115 W Merle Ln has no associated ownership info.
Taxes
115 W Merle Ln has 10 associated Taxes items
115 W Merle Ln, Peoria, IL pays taxes in Peoria County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $87,680. The APN we've located for 115 W Merle Ln is 14-28-331-014.
Unlock the full reportTax History
115 W Merle Ln has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $87,680 | Land Value $9,250 | Improvement Value $78,430 | Tax Amount $7,214.3 | Change Rate | Assessed CR | Tax Rate +0.08228% |
| Year 2024 | Assessed Value $80,440 | Land Value $8,490 | Improvement Value $71,950 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $73,800 | Land Value $7,790 | Improvement Value $66,010 | Tax Amount $6,379.06 | Change Rate +0.163667% | Assessed CR | Tax Rate +0.086437% |
| Year 2022 | Assessed Value $62,830 | Land Value $7,170 | Improvement Value $55,660 | Tax Amount $5,481.86 | Change Rate +0.024164% | Assessed CR | Tax Rate +0.087249% |
| Year 2021 | Assessed Value $59,840 | Land Value $6,830 | Improvement Value $53,010 | Tax Amount $5,352.52 | Change Rate +0.003145% | Assessed CR | Tax Rate +0.089447% |
| Year 2020 | Assessed Value $59,250 | Land Value $6,760 | Improvement Value $52,490 | Tax Amount $5,335.74 | Change Rate -0.01653% | Assessed CR | Tax Rate +0.090055% |
| Year 2019 | Assessed Value $60,460 | Land Value $6,900 | Improvement Value $53,560 | Tax Amount $5,425.42 | Change Rate +0.021971% | Assessed CR | Tax Rate +0.089736% |
| Year 2018 | Assessed Value $60,510 | Land Value $6,970 | Improvement Value $53,540 | Tax Amount $5,308.78 | Change Rate +0.006553% | Assessed CR | Tax Rate +0.087734% |
| Year 2017 | Assessed Value $61,120 | Land Value $7,040 | Improvement Value $54,080 | Tax Amount $5,274.22 | Change Rate +0.023254% | Assessed CR | Tax Rate +0.086293% |
| Year 2016 | Assessed Value $61,120 | Land Value $7,040 | Improvement Value $54,080 | Tax Amount $5,154.36 | Change Rate +0.0639% | Assessed CR | Tax Rate +0.084332% |
| Year 2015 | Assessed Value $59,920 | Land Value $6,900 | Improvement Value $53,020 | Tax Amount $4,844.78 | Change Rate -0.001389% | Assessed CR | Tax Rate +0.080854% |
| Year 2014 | Assessed Value $58,630 | Land Value $6,550 | Improvement Value $52,080 | Tax Amount $4,851.52 | Change Rate | Assessed CR | Tax Rate +0.082748% |
| Year 2013 | Assessed Value $59,340 | Land Value $6,630 | Improvement Value $52,710 | Tax Amount | Change Rate | Assessed CR | Tax Rate |