Taxes
- Assessed Value: $60,450
- Assessed Year: 2025
- Assessed County: Peoria
- APN: 14-28-376-003
- Assessed Land Value: 8930
- Market Land Value: 26790
- Tax Amount: 2747.76
- Tax Year: 2025
- Market Value: 181350
- Market Year: 2025
302 W Merle Ln; Peoria, IL Property Details
Off market
302 W Merle Ln Peoria, IL 61604
$132,900 Listing Price
3 Beds
1.5 Baths
1,750 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1954
- Purchase Price: $125,000
- Open Loans / Balance: 1 / $88,851
- Est. Equity / %: $119,149 / 57.28%
- Gross Yield: 15.594%
- APN: 14-28-376-003
- Situs County: Peoria
- Length Of Ownership: 9 years, 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Partial Bathrooms: 1
Structure
- Stories: 1.5
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 1,750/SqFt
- Lot: 9,148/SqFt
- Gross: 3,010/SqFt
- Garage: 260/SqFt
- Living: 1,750/SqFt
- Basement: 1,000/SqFt
- Building: 3,010/SqFt
- Ground: 1,000/SqFt
- Garage Unfinished: 260/SqFt
- Price Per Square Foot: $71.43
Legal Description
- Description: MERLE LANE SUB SW 1/4 SEC 28-9-8E LOT 40 & W 13.5 LOTS 38 & 39 (75-10076 & 89-08742)
Building Insights
Land Information
- Property Type: Single Family
- School District: Peoria School District 150
- Lat / Lon: 40.72946 / -89.59745
- Subdivision: Merle Lane Sub
- Property Class: Residential
- County Use Code: RO
Amenities
- Plus Four: 1618
- Bathroom Fixtures: 7
- Cooling: Yes
- Fireplaces: 1
- Garage: Attached Garage
- Parking: 1
Ownership Info
302 W Merle Ln has no associated ownership info
302 W Merle Ln has no associated ownership info.
Taxes
302 W Merle Ln has 10 associated Taxes items
302 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 $60,450. The APN we've located for 302 W Merle Ln is 14-28-376-003.
Unlock the full reportTax History
302 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 $60,450 | Land Value $8,930 | Improvement Value $51,520 | Tax Amount $2,747.76 | Change Rate | Assessed CR | Tax Rate +0.045455% |
| Year 2024 | Assessed Value $55,460 | Land Value $8,190 | Improvement Value $47,270 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $50,630 | Land Value $7,510 | Improvement Value $43,120 | Tax Amount $2,903.52 | Change Rate -0.02461% | Assessed CR | Tax Rate +0.057348% |
| Year 2022 | Assessed Value $44,420 | Land Value $6,930 | Improvement Value $37,490 | Tax Amount $2,976.78 | Change Rate -0.043051% | Assessed CR | Tax Rate +0.067014% |
| Year 2021 | Assessed Value $42,290 | Land Value $6,600 | Improvement Value $35,690 | Tax Amount $3,110.7 | Change Rate +0.005976% | Assessed CR | Tax Rate +0.073556% |
| Year 2020 | Assessed Value $42,110 | Land Value $6,530 | Improvement Value $35,580 | Tax Amount $3,092.22 | Change Rate -0.021765% | Assessed CR | Tax Rate +0.073432% |
| Year 2019 | Assessed Value $42,730 | Land Value $6,660 | Improvement Value $36,070 | Tax Amount $3,161.02 | Change Rate -0.117536% | Assessed CR | Tax Rate +0.073977% |
| Year 2018 | Assessed Value $42,780 | Land Value $6,720 | Improvement Value $36,060 | Tax Amount $3,582.04 | Change Rate -0.122225% | Assessed CR | Tax Rate +0.083732% |
| Year 2017 | Assessed Value $43,210 | Land Value $6,790 | Improvement Value $36,420 | Tax Amount $4,080.82 | Change Rate +0.007545% | Assessed CR | Tax Rate +0.094442% |
| Year 2016 | Assessed Value $43,210 | Land Value $6,790 | Improvement Value $36,420 | Tax Amount $4,050.26 | Change Rate -0.034687% | Assessed CR | Tax Rate +0.093734% |
| Year 2015 | Assessed Value $42,370 | Land Value $6,660 | Improvement Value $35,710 | Tax Amount $4,195.8 | Change Rate +0.000014% | Assessed CR | Tax Rate +0.099028% |
| Year 2014 | Assessed Value $45,580 | Land Value $4,480 | Improvement Value $41,100 | Tax Amount $4,195.74 | Change Rate | Assessed CR | Tax Rate +0.092052% |
| Year 2013 | Assessed Value $46,130 | Land Value $4,530 | Improvement Value $41,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |