Taxes
- Assessed Value: $32,872
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-22.0-479-006
- Assessed Land Value: 2648
- Market Land Value: 7944
- Tax Amount: 2175.66
- Tax Year: 2025
- Market Value: 98616
- Market Year: 2025
1431 N Michigan Ave; Springfield, IL Property Details
Off market
1431 N Michigan Ave Springfield, IL 62702
$82,500 Listing Price
2 Beds
1 Baths
925 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $82,500
- Open Loans / Balance: 1 / $68,975
- Est. Equity / %: $48,025 / 41.05%
- Gross Yield: 8.462%
- APN: 14-22.0-479-006
- Situs County: Sangamon
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
Measurements
- Total: 925/SqFt
- Lot: 5,434/SqFt
- Price Per Square Foot: $89.19
Legal Description
- Description: L 127 RESERVOIR PARK PLACE
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: 39.819843 / -89.63532
- Subdivision: Reservoir Park Place
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 4022
Ownership Info
1431 N Michigan Ave has no associated ownership info
1431 N Michigan Ave has no associated ownership info.
Taxes
1431 N Michigan Ave has 10 associated Taxes items
1431 N Michigan 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 $32,872. The APN we've located for 1431 N Michigan Ave is 14-22.0-479-006.
Unlock the full reportTax History
1431 N Michigan Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $32,872 | Land Value $2,648 | Improvement Value $30,224 | Tax Amount $2,175.66 | Change Rate +0.050414% | Assessed CR | Tax Rate +0.066186% |
| Year 2024 | Assessed Value $30,659 | Land Value $2,470 | Improvement Value $28,189 | Tax Amount $2,071.24 | Change Rate +1.062084% | Assessed CR | Tax Rate +0.067557% |
| Year 2023 | Assessed Value $13,991 | Land Value $2,255 | Improvement Value $11,736 | Tax Amount $1,004.44 | Change Rate -0.155436% | Assessed CR | Tax Rate +0.071792% |
| Year 2022 | Assessed Value $13,272 | Land Value $2,139 | Improvement Value $11,133 | Tax Amount $1,189.3 | Change Rate +0.0343% | Assessed CR | Tax Rate +0.08961% |
| Year 2021 | Assessed Value $12,775 | Land Value $2,059 | Improvement Value $10,716 | Tax Amount $1,149.86 | Change Rate +0.020284% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $12,794 | Land Value $2,062 | Improvement Value $10,732 | Tax Amount $1,127 | Change Rate +0.051267% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $12,750 | Land Value $2,055 | Improvement Value $10,695 | Tax Amount $1,072.04 | Change Rate | Assessed CR | Tax Rate +0.084082% |
| Year 2018 | Assessed Value $12,688 | Land Value $2,045 | Improvement Value $10,643 | Tax Amount $1,072.04 | Change Rate +0.021146% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $12,524 | Land Value $2,019 | Improvement Value $10,505 | Tax Amount $1,049.84 | Change Rate +0.019975% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $12,342 | Land Value $1,990 | Improvement Value $10,352 | Tax Amount $1,029.28 | Change Rate +0.009831% | Assessed CR | Tax Rate +0.083397% |
| Year 2015 | Assessed Value $12,194 | Land Value $1,966 | Improvement Value $10,228 | Tax Amount $1,019.26 | Change Rate +0.01431% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $12,115 | Land Value $1,953 | Improvement Value $10,162 | Tax Amount $1,004.88 | Change Rate +0.02282% | Assessed CR | Tax Rate +0.082945% |
| Year 2013 | Assessed Value $12,126 | Land Value $1,953 | Improvement Value $10,173 | Tax Amount $982.46 | Change Rate | Assessed CR | Tax Rate +0.081021% |