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1416 N Franklin Ave; Springfield, IL Property Details

1416 N Franklin Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1416 N Franklin Ave is 7,644 square feet.

Off market
1416 N Franklin Ave Springfield, IL 62702
$28,042 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $60,000
  • Est. Equity / %: $111,000 / 100%
  • Gross Yield: 8.962%
  • APN: 14-21.0-476-009
  • Situs County: Sangamon
  • Length Of Ownership: 21 years, 3 months

Measurements

  • Lot: 7,644/SqFt

Legal Description

  • Description: S 411/2' W PT SE SE 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: 39.81872 / -89.65866
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2515

Ownership Info

1416 N Franklin Ave has no associated ownership info
1416 N Franklin Ave has no associated ownership info.

Taxes

1416 N Franklin Ave has 10 associated Taxes items

1416 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 $28,042. The APN we've located for 1416 N Franklin Ave is 14-21.0-476-009.

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Taxes
  • Assessed Value:  $28,042
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-21.0-476-009
  • Assessed Land Value:  3603
  • Market Land Value:  10809
  • Tax Amount:  1784.62
  • Tax Year:  2025
  • Market Value:  84126
  • Market Year:  2025

Tax History

1416 N Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,042 Land Value $3,603 Improvement Value $24,439 Tax Amount $1,784.62 Change Rate +0.054266% Assessed CR Tax Rate +0.063641%
Year 2024 Assessed Value $26,153 Land Value $3,360 Improvement Value $22,793 Tax Amount $1,692.76 Change Rate +0.070351% Assessed CR Tax Rate +0.064725%
Year 2023 Assessed Value $23,888 Land Value $3,069 Improvement Value $20,819 Tax Amount $1,581.5 Change Rate +0.059348% Assessed CR Tax Rate +0.066205%
Year 2022 Assessed Value $22,660 Land Value $2,911 Improvement Value $19,749 Tax Amount $1,492.9 Change Rate +0.048959% Assessed CR Tax Rate +0.065883%
Year 2021 Assessed Value $21,812 Land Value $2,802 Improvement Value $19,010 Tax Amount $1,423.22 Change Rate +0.019674% Assessed CR Tax Rate +0.065249%
Year 2020 Assessed Value $21,845 Land Value $2,806 Improvement Value $19,039 Tax Amount $1,395.76 Change Rate +0.122625% Assessed CR Tax Rate +0.063894%
Year 2019 Assessed Value $21,769 Land Value $2,796 Improvement Value $18,973 Tax Amount $1,243.3 Change Rate Assessed CR Tax Rate +0.057113%
Year 2018 Assessed Value $20,715 Land Value $2,782 Improvement Value $17,933 Tax Amount $1,243.3 Change Rate +0.026638% Assessed CR Tax Rate +0.060019%
Year 2017 Assessed Value $20,447 Land Value $2,746 Improvement Value $17,701 Tax Amount $1,211.04 Change Rate +0.026322% Assessed CR Tax Rate +0.059228%
Year 2016 Assessed Value $20,149 Land Value $2,706 Improvement Value $17,443 Tax Amount $1,179.98 Change Rate +0.015002% Assessed CR Tax Rate +0.058563%
Year 2015 Assessed Value $19,908 Land Value $2,674 Improvement Value $17,234 Tax Amount $1,162.54 Change Rate -0.001254% Assessed CR Tax Rate +0.058396%
Year 2014 Assessed Value $19,780 Land Value $2,657 Improvement Value $17,123 Tax Amount $1,164 Change Rate +0.022829% Assessed CR Tax Rate +0.058847%
Year 2013 Assessed Value $20,046 Land Value $2,657 Improvement Value $17,389 Tax Amount $1,138.02 Change Rate Assessed CR Tax Rate +0.05677%