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305 W Melbourne Ave; Peoria, IL Property Details

305 W Melbourne Ave, Peoria, IL is a Single Family that was built in 1938. This property is currently Financed and is not for sale. Our records show that 305 W Melbourne Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,568 square feet. The lot size of 305 W Melbourne Ave is 6,098 square feet.

Off market  •   Pre Foreclosure ✓
305 W Melbourne Ave Peoria, IL 61604
$159,900 Listing Price
2 Beds
1.5 Baths
1,568 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $159,900
  • Open Loans / Balance: 2 / $148,158
  • Est. Equity / %: $45,842 / 23.63%
  • Gross Yield: 15.736%
  • APN: 14-33-126-005
  • Situs County: Peoria
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Distressed: true
  • Building Condition: Good
  • Building Quality: B

Measurements

  • Total: 1,568/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,464/SqFt
  • Garage: 484/SqFt
  • Living: 1,568/SqFt
  • Basement: 896/SqFt
  • Building: 2,464/SqFt
  • Ground: 896/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $101.98

Legal Description

  • Description: DELMAR GLEN 2ND ADDN NW 1/4 SEC 33-9-8E LOT 13 & THE S 6 OF VACATED ALLEY LYING N & ADJ
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.724365 / -89.597885
  • Subdivision: Delmar Glen 2nd Addn
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 1659
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

305 W Melbourne Ave has no associated ownership info
305 W Melbourne Ave has no associated ownership info.

Taxes

305 W Melbourne Ave has 10 associated Taxes items

305 W Melbourne Ave, 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 $56,190. The APN we've located for 305 W Melbourne Ave is 14-33-126-005.

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Taxes
  • Assessed Value:  $56,190
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  14-33-126-005
  • Assessed Land Value:  9370
  • Market Land Value:  28110
  • Tax Amount:  4432.97
  • Tax Year:  2025
  • Market Value:  168570
  • Market Year:  2025

Tax History

305 W Melbourne Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,190 Land Value $9,370 Improvement Value $46,820 Tax Amount $4,432.97 Change Rate Assessed CR Tax Rate +0.078893%
Year 2024 Assessed Value $51,550 Land Value $8,600 Improvement Value $42,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $47,290 Land Value $7,890 Improvement Value $39,400 Tax Amount $3,884.84 Change Rate +0.10309% Assessed CR Tax Rate +0.082149%
Year 2022 Assessed Value $42,510 Land Value $7,650 Improvement Value $34,860 Tax Amount $3,521.78 Change Rate +0.027105% Assessed CR Tax Rate +0.082846%
Year 2021 Assessed Value $40,490 Land Value $7,290 Improvement Value $33,200 Tax Amount $3,428.84 Change Rate +0.003794% Assessed CR Tax Rate +0.084684%
Year 2020 Assessed Value $40,090 Land Value $7,220 Improvement Value $32,870 Tax Amount $3,415.88 Change Rate -0.017804% Assessed CR Tax Rate +0.085205%
Year 2019 Assessed Value $40,910 Land Value $7,370 Improvement Value $33,540 Tax Amount $3,477.8 Change Rate -0.043146% Assessed CR Tax Rate +0.085011%
Year 2018 Assessed Value $43,320 Land Value $7,440 Improvement Value $35,880 Tax Amount $3,634.62 Change Rate +0.005956% Assessed CR Tax Rate +0.083902%
Year 2017 Assessed Value $43,760 Land Value $7,520 Improvement Value $36,240 Tax Amount $3,613.1 Change Rate +0.024301% Assessed CR Tax Rate +0.082566%
Year 2016 Assessed Value $43,760 Land Value $7,520 Improvement Value $36,240 Tax Amount $3,527.38 Change Rate -0.023725% Assessed CR Tax Rate +0.080607%
Year 2015 Assessed Value $42,900 Land Value $7,370 Improvement Value $35,530 Tax Amount $3,613.1 Change Rate -0.001906% Assessed CR Tax Rate +0.084221%
Year 2014 Assessed Value $45,250 Land Value $7,350 Improvement Value $37,900 Tax Amount $3,620 Change Rate Assessed CR Tax Rate +0.08%
Year 2013 Assessed Value $45,800 Land Value $7,440 Improvement Value $38,360 Tax Amount Change Rate Assessed CR Tax Rate