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424 W Merle Ln; Peoria, IL Property Details

424 W Merle Ln, Peoria, IL is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 424 W Merle Ln has 2 bedrooms, and 2.5 bathrooms, and a total of 1,893 square feet. The lot size of 424 W Merle Ln is 8,712 square feet.

Off market
424 W Merle Ln Peoria, IL 61604
$120,000 Listing Price
2 Beds
2.5 Baths
1,893 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $82,300
  • Est. Equity / %: $112,700 / 57.79%
  • Gross Yield: 16.757%
  • APN: 14-28-304-006
  • Situs County: Peoria
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 1,893/SqFt
  • Lot: 8,712/SqFt
  • Gross: 3,516/SqFt
  • Garage: 460/SqFt
  • Living: 1,893/SqFt
  • Basement: 1,163/SqFt
  • Building: 3,516/SqFt
  • Ground: 1,893/SqFt
  • Garage Unfinished: 460/SqFt
  • Price Per Square Foot: $63.39

Legal Description

  • Description: GEORGE D JOHNSON SUB SW 1/4 SEC 28-9-8E LOT 21 & E 20 LOT 22
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.729416 / -89.59928
  • Subdivision: George D Johnson Sub
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 1537
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

424 W Merle Ln has no associated ownership info
424 W Merle Ln has no associated ownership info.

Taxes

424 W Merle Ln has 8 associated Taxes items

424 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 $68,400. The APN we've located for 424 W Merle Ln is 14-28-304-006.

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Taxes
  • Assessed Value:  $68,400
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  14-28-304-006
  • Assessed Land Value:  9620
  • Market Land Value:  28860
  • Market Value:  205200
  • Market Year:  2025

Tax History

424 W Merle Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,400 Land Value $9,620 Improvement Value $58,780 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $62,760 Land Value $8,830 Improvement Value $53,930 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,580 Land Value $8,100 Improvement Value $49,480 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $51,730 Land Value $7,470 Improvement Value $44,260 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $49,260 Land Value $7,110 Improvement Value $42,150 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $48,770 Land Value $7,040 Improvement Value $41,730 Tax Amount $2,970.18 Change Rate -0.230794% Assessed CR Tax Rate +0.060902%
Year 2019 Assessed Value $49,760 Land Value $7,180 Improvement Value $42,580 Tax Amount $3,861.36 Change Rate +0.021329% Assessed CR Tax Rate +0.0776%
Year 2018 Assessed Value $49,820 Land Value $7,250 Improvement Value $42,570 Tax Amount $3,780.72 Change Rate +0.004875% Assessed CR Tax Rate +0.075888%
Year 2017 Assessed Value $50,320 Land Value $7,320 Improvement Value $43,000 Tax Amount $3,762.38 Change Rate +0.026565% Assessed CR Tax Rate +0.074769%
Year 2016 Assessed Value $50,320 Land Value $7,320 Improvement Value $43,000 Tax Amount $3,665.02 Change Rate +0.052169% Assessed CR Tax Rate +0.072834%
Year 2015 Assessed Value $49,340 Land Value $7,180 Improvement Value $42,160 Tax Amount $3,483.3 Change Rate -0.003462% Assessed CR Tax Rate +0.070598%
Year 2014 Assessed Value $48,840 Land Value $6,820 Improvement Value $42,020 Tax Amount $3,495.4 Change Rate Assessed CR Tax Rate +0.071568%
Year 2013 Assessed Value $49,430 Land Value $6,900 Improvement Value $42,530 Tax Amount Change Rate Assessed CR Tax Rate