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1501 E Melrose St; Springfield, IL Property Details

1501 E Melrose St, Springfield, IL is a Commercial Vacant Land. This property is not for sale. The lot size of 1501 E Melrose St is 3,283 square feet.

Off market  •   Bankruptcy ✓
1501 E Melrose St Springfield, IL 62703
$862 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $37,400
  • Open Loans / Balance: 1 / $74,270
  • APN: 22-03.0-476-010
  • Situs County: Sangamon
  • Length Of Ownership: 12 years, 3 months

Measurements

  • Lot: 3,283/SqFt

Legal Description

  • Description: LINCOLN HEIGHTS L 107
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 186
  • Lat / Lon: 39.77527 / -89.63516
  • Subdivision: Lincoln Heights
  • Property Class: Vacant
  • County Use Code: 50

Amenities

  • Plus Four: 3738

Ownership Info

1501 E Melrose St has no associated ownership info
1501 E Melrose St has no associated ownership info.

Taxes

1501 E Melrose St has 10 associated Taxes items

1501 E Melrose St, 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 $862. The APN we've located for 1501 E Melrose St is 22-03.0-476-010.

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Taxes
  • Assessed Value:  $862
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-476-010
  • Assessed Land Value:  862
  • Market Land Value:  2412
  • Tax Amount:  69.8
  • Tax Year:  2025
  • Market Value:  2412
  • Market Year:  2024

Tax History

1501 E Melrose St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $862 Land Value $862 Improvement Value Tax Amount $69.8 Change Rate +0.033462% Assessed CR Tax Rate +0.080974%
Year 2024 Assessed Value $804 Land Value $804 Improvement Value Tax Amount $67.54 Change Rate +0.040678% Assessed CR Tax Rate +0.084005%
Year 2023 Assessed Value $734 Land Value $734 Improvement Value Tax Amount $64.9 Change Rate +0.040398% Assessed CR Tax Rate +0.08842%
Year 2022 Assessed Value $696 Land Value $696 Improvement Value Tax Amount $62.38 Change Rate +0.034151% Assessed CR Tax Rate +0.089626%
Year 2021 Assessed Value $670 Land Value $670 Improvement Value Tax Amount $60.32 Change Rate +0.020298% Assessed CR Tax Rate +0.09003%
Year 2020 Assessed Value $671 Land Value $671 Improvement Value Tax Amount $59.12 Change Rate +0.050462% Assessed CR Tax Rate +0.088107%
Year 2019 Assessed Value $669 Land Value $669 Improvement Value Tax Amount $56.28 Change Rate Assessed CR Tax Rate +0.084126%
Year 2018 Assessed Value $666 Land Value $666 Improvement Value Tax Amount $56.28 Change Rate +0.021786% Assessed CR Tax Rate +0.084505%
Year 2017 Assessed Value $657 Land Value $657 Improvement Value Tax Amount $55.08 Change Rate +0.020756% Assessed CR Tax Rate +0.083836%
Year 2016 Assessed Value $647 Land Value $647 Improvement Value Tax Amount $53.96 Change Rate +0.010109% Assessed CR Tax Rate +0.0834%
Year 2015 Assessed Value $639 Land Value $639 Improvement Value Tax Amount $53.42 Change Rate +0.015203% Assessed CR Tax Rate +0.083599%
Year 2014 Assessed Value $635 Land Value $635 Improvement Value Tax Amount $52.62 Change Rate +0.022542% Assessed CR Tax Rate +0.082866%
Year 2013 Assessed Value $635 Land Value $635 Improvement Value Tax Amount $51.46 Change Rate Assessed CR Tax Rate +0.081039%