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1401 N Franklin Ave; Springfield, IL Property Details

1401 N Franklin Ave, Springfield, IL is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1401 N Franklin Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,175 square feet. The lot size of 1401 N Franklin Ave is 3,920 square feet.

Off market
1401 N Franklin Ave Springfield, IL 62702
$99,500 Listing Price
3 Beds
2 Baths
1,175 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $72,500
  • Open Loans / Balance: 1 / $64,527
  • Est. Equity / %: $32,473 / 33.48%
  • Gross Yield: 11.802%
  • APN: 14-21.0-451-031
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,175/SqFt
  • Lot: 3,920/SqFt
  • Price Per Square Foot: $61.70

Legal Description

  • Description: E 103.50' OF S 40' OF LINCOLN PARK SE 1/4 (4140 SQ FT) 21-16-5
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: 39.818104 / -89.659195
  • Subdivision: Plat Of Lincoln Park Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2514

Ownership Info

1401 N Franklin Ave has no associated ownership info
1401 N Franklin Ave has no associated ownership info.

Taxes

1401 N Franklin Ave has 10 associated Taxes items

1401 N Franklin 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 $30,001. The APN we've located for 1401 N Franklin Ave is 14-21.0-451-031.

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Taxes
  • Assessed Value:  $30,001
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-21.0-451-031
  • Assessed Land Value:  2633
  • Market Land Value:  7899
  • Tax Amount:  2429
  • Tax Year:  2025
  • Market Value:  90003
  • Market Year:  2025

Tax History

1401 N Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,001 Land Value $2,633 Improvement Value $27,368 Tax Amount $2,429 Change Rate +0.033503% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $27,981 Land Value $2,456 Improvement Value $25,525 Tax Amount $2,350.26 Change Rate +0.040113% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $25,558 Land Value $2,243 Improvement Value $23,315 Tax Amount $2,259.62 Change Rate +0.052523% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $23,958 Land Value $2,129 Improvement Value $21,829 Tax Amount $2,146.86 Change Rate +0.398023% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $23,061 Land Value $2,049 Improvement Value $21,012 Tax Amount $1,535.64 Change Rate +0.019708% Assessed CR Tax Rate +0.06659%
Year 2020 Assessed Value $23,096 Land Value $2,052 Improvement Value $21,044 Tax Amount $1,505.96 Change Rate +0.054402% Assessed CR Tax Rate +0.065204%
Year 2019 Assessed Value $23,016 Land Value $2,045 Improvement Value $20,971 Tax Amount $1,428.26 Change Rate Assessed CR Tax Rate +0.062055%
Year 2018 Assessed Value $22,904 Land Value $2,035 Improvement Value $20,869 Tax Amount $1,428.26 Change Rate +0.025916% Assessed CR Tax Rate +0.062359%
Year 2017 Assessed Value $22,608 Land Value $2,009 Improvement Value $20,599 Tax Amount $1,392.18 Change Rate +0.025471% Assessed CR Tax Rate +0.061579%
Year 2016 Assessed Value $22,279 Land Value $1,980 Improvement Value $20,299 Tax Amount $1,357.6 Change Rate +0.014345% Assessed CR Tax Rate +0.060936%
Year 2015 Assessed Value $22,012 Land Value $1,956 Improvement Value $20,056 Tax Amount $1,338.4 Change Rate -0.000582% Assessed CR Tax Rate +0.060803%
Year 2014 Assessed Value $21,869 Land Value $1,943 Improvement Value $19,926 Tax Amount $1,339.18 Change Rate +0.022821% Assessed CR Tax Rate +0.061236%
Year 2013 Assessed Value $22,160 Land Value $1,942 Improvement Value $20,218 Tax Amount $1,309.3 Change Rate Assessed CR Tax Rate +0.059084%