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1040 N Indiana Ave; Springfield, IL Property Details

1040 N Indiana Ave, Springfield, IL is a Single Family. This property is not for sale. Our records show that 1040 N Indiana Ave has 2 bedrooms, and a total of 1,000 square feet. The lot size of 1040 N Indiana Ave is 6,580 square feet.

Off market
1040 N Indiana Ave Springfield, IL 62702
$37,900 Listing Price
2 Beds
1,000 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $32,000
  • Est. Equity / %: $83,000 / 100%
  • Gross Yield: 6.535%
  • APN: 14-26.0-130-005
  • Situs County: Sangamon
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,000/SqFt
  • Lot: 6,580/SqFt
  • Price Per Square Foot: $32.00

Legal Description

  • Description: HAY&TRACYS MELROSE SUB L 221
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 186
  • Lat / Lon: 39.814095 / -89.6282
  • Subdivision: Hay&Tracys Melrose Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4124

Ownership Info

1040 N Indiana Ave has no associated ownership info
1040 N Indiana Ave has no associated ownership info.

Taxes

1040 N Indiana Ave has 10 associated Taxes items

1040 N Indiana Ave, Springfield, IL pays taxes in Sangamon County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $13,793. The APN we've located for 1040 N Indiana Ave is 14-26.0-130-005.

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Taxes
  • Assessed Value:  $13,793
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-26.0-130-005
  • Assessed Land Value:  3434
  • Market Land Value:  10302
  • Tax Amount:  630.96
  • Tax Year:  2025
  • Market Value:  41379
  • Market Year:  2025

Tax History

1040 N Indiana Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,793 Land Value $3,434 Improvement Value $10,359 Tax Amount $630.96 Change Rate +0.094391% Assessed CR Tax Rate +0.045745%
Year 2024 Assessed Value $12,864 Land Value $3,203 Improvement Value $9,661 Tax Amount $576.54 Change Rate +0.134118% Assessed CR Tax Rate +0.044818%
Year 2023 Assessed Value $11,750 Land Value $2,926 Improvement Value $8,824 Tax Amount $508.36 Change Rate +0.102398% Assessed CR Tax Rate +0.043265%
Year 2022 Assessed Value $11,146 Land Value $2,776 Improvement Value $8,370 Tax Amount $461.14 Change Rate -0.001343% Assessed CR Tax Rate +0.041373%
Year 2021 Assessed Value $10,729 Land Value $2,672 Improvement Value $8,057 Tax Amount $461.76 Change Rate +0.021819% Assessed CR Tax Rate +0.043038%
Year 2020 Assessed Value $10,745 Land Value $2,676 Improvement Value $8,069 Tax Amount $451.9 Change Rate -0.062681% Assessed CR Tax Rate +0.042057%
Year 2019 Assessed Value $10,708 Land Value $2,667 Improvement Value $8,041 Tax Amount $482.12 Change Rate Assessed CR Tax Rate +0.045024%
Year 2018 Assessed Value $11,706 Land Value $2,654 Improvement Value $9,052 Tax Amount $482.12 Change Rate +0.035348% Assessed CR Tax Rate +0.041186%
Year 2017 Assessed Value $11,555 Land Value $2,620 Improvement Value $8,935 Tax Amount $465.66 Change Rate +0.036504% Assessed CR Tax Rate +0.040299%
Year 2016 Assessed Value $11,387 Land Value $2,582 Improvement Value $8,805 Tax Amount $449.26 Change Rate +0.023558% Assessed CR Tax Rate +0.039454%
Year 2015 Assessed Value $11,251 Land Value $2,551 Improvement Value $8,700 Tax Amount $438.92 Change Rate -0.048267% Assessed CR Tax Rate +0.039012%
Year 2014 Assessed Value $11,179 Land Value $2,535 Improvement Value $8,644 Tax Amount $461.18 Change Rate +0.022844% Assessed CR Tax Rate +0.041254%
Year 2013 Assessed Value $11,565 Land Value $2,534 Improvement Value $9,031 Tax Amount $450.88 Change Rate Assessed CR Tax Rate +0.038987%