Large Location Icon

1420 N Franklin Ave; Springfield, IL Property Details

1420 N Franklin Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1420 N Franklin Ave is 7,741 square feet.

Off market
1420 N Franklin Ave Springfield, IL 62702
$25,668 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $47,000
  • Est. Equity / %: $110,000 / 100%
  • Gross Yield: 7.855%
  • APN: 14-21.0-476-007
  • Situs County: Sangamon
  • Length Of Ownership: 28 years, 3 months

Measurements

  • Lot: 7,741/SqFt

Legal Description

  • Description: L W SEARS SURVEY PT W PT SE SE 21-16-5 TR 7
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: 39.818928 / -89.65837
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2515

Ownership Info

1420 N Franklin Ave has no associated ownership info
1420 N Franklin Ave has no associated ownership info.

Taxes

1420 N Franklin Ave has 10 associated Taxes items

1420 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 $25,668. The APN we've located for 1420 N Franklin Ave is 14-21.0-476-007.

Unlock the full report
Taxes
  • Assessed Value:  $25,668
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-21.0-476-007
  • Assessed Land Value:  3603
  • Market Land Value:  10809
  • Tax Amount:  1187.58
  • Tax Year:  2025
  • Market Value:  77004
  • Market Year:  2025

Tax History

1420 N Franklin Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,668 Land Value $3,603 Improvement Value $22,065 Tax Amount $1,187.58 Change Rate +0.092711% Assessed CR Tax Rate +0.046267%
Year 2024 Assessed Value $23,939 Land Value $3,360 Improvement Value $20,579 Tax Amount $1,086.82 Change Rate +0.131303% Assessed CR Tax Rate +0.0454%
Year 2023 Assessed Value $21,866 Land Value $3,069 Improvement Value $18,797 Tax Amount $960.68 Change Rate +0.10046% Assessed CR Tax Rate +0.043935%
Year 2022 Assessed Value $20,742 Land Value $2,911 Improvement Value $17,831 Tax Amount $872.98 Change Rate +0.08184% Assessed CR Tax Rate +0.042088%
Year 2021 Assessed Value $19,965 Land Value $2,802 Improvement Value $17,163 Tax Amount $806.94 Change Rate +0.018401% Assessed CR Tax Rate +0.040418%
Year 2020 Assessed Value $19,995 Land Value $2,806 Improvement Value $17,189 Tax Amount $792.36 Change Rate +0.062401% Assessed CR Tax Rate +0.039628%
Year 2019 Assessed Value $19,925 Land Value $2,796 Improvement Value $17,129 Tax Amount $745.82 Change Rate Assessed CR Tax Rate +0.037431%
Year 2018 Assessed Value $19,827 Land Value $2,782 Improvement Value $17,045 Tax Amount $745.82 Change Rate +0.038053% Assessed CR Tax Rate +0.037616%
Year 2017 Assessed Value $19,571 Land Value $2,746 Improvement Value $16,825 Tax Amount $718.48 Change Rate -0.351552% Assessed CR Tax Rate +0.036711%
Year 2016 Assessed Value $19,286 Land Value $2,706 Improvement Value $16,580 Tax Amount $1,108 Change Rate +0.015284% Assessed CR Tax Rate +0.057451%
Year 2015 Assessed Value $19,056 Land Value $2,674 Improvement Value $16,382 Tax Amount $1,091.32 Change Rate -0.000311% Assessed CR Tax Rate +0.057269%
Year 2014 Assessed Value $18,933 Land Value $2,657 Improvement Value $16,276 Tax Amount $1,091.66 Change Rate +0.022824% Assessed CR Tax Rate +0.057659%
Year 2013 Assessed Value $19,173 Land Value $2,657 Improvement Value $16,516 Tax Amount $1,067.3 Change Rate Assessed CR Tax Rate +0.055667%