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1503 E Melrose St; Springfield, IL Property Details

1503 E Melrose St, Springfield, IL is a Commercial Vacant Land. This property is not for sale. The lot size of 1503 E Melrose St is 2,856 square feet.

Off market  •   Bankruptcy ✓
1503 E Melrose St Springfield, IL 62703
$805 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: 22-03.0-476-011
  • Situs County: Sangamon
  • Length Of Ownership: 12 years, 3 months

Measurements

  • Lot: 2,856/SqFt

Legal Description

  • Description: LINCOLN HEIGHTS L 108
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: 39.775204 / -89.635124
  • Subdivision: Lincoln Heights
  • Property Class: Vacant
  • County Use Code: 50

Amenities

  • Plus Four: 3738

Ownership Info

1503 E Melrose St has no associated ownership info
1503 E Melrose St has no associated ownership info.

Taxes

1503 E Melrose St has 10 associated Taxes items

1503 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 $805. The APN we've located for 1503 E Melrose St is 22-03.0-476-011.

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Taxes
  • Assessed Value:  $805
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-476-011
  • Assessed Land Value:  805
  • Market Land Value:  2253
  • Tax Amount:  65.18
  • Tax Year:  2025
  • Market Value:  2253
  • Market Year:  2024

Tax History

1503 E Melrose St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $805 Land Value $805 Improvement Value Tax Amount $65.18 Change Rate +0.033291% Assessed CR Tax Rate +0.080969%
Year 2024 Assessed Value $751 Land Value $751 Improvement Value Tax Amount $63.08 Change Rate +0.039894% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $686 Land Value $686 Improvement Value Tax Amount $60.66 Change Rate +0.039767% Assessed CR Tax Rate +0.088426%
Year 2022 Assessed Value $651 Land Value $651 Improvement Value Tax Amount $58.34 Change Rate +0.033664% Assessed CR Tax Rate +0.089616%
Year 2021 Assessed Value $627 Land Value $627 Improvement Value Tax Amount $56.44 Change Rate +0.020246% Assessed CR Tax Rate +0.090016%
Year 2020 Assessed Value $628 Land Value $628 Improvement Value Tax Amount $55.32 Change Rate +0.050912% Assessed CR Tax Rate +0.088089%
Year 2019 Assessed Value $626 Land Value $626 Improvement Value Tax Amount $52.64 Change Rate Assessed CR Tax Rate +0.084089%
Year 2018 Assessed Value $623 Land Value $623 Improvement Value Tax Amount $52.64 Change Rate +0.020946% Assessed CR Tax Rate +0.084494%
Year 2017 Assessed Value $615 Land Value $615 Improvement Value Tax Amount $51.56 Change Rate +0.020182% Assessed CR Tax Rate +0.083837%
Year 2016 Assessed Value $606 Land Value $606 Improvement Value Tax Amount $50.54 Change Rate +0.009185% Assessed CR Tax Rate +0.083399%
Year 2015 Assessed Value $599 Land Value $599 Improvement Value Tax Amount $50.08 Change Rate +0.01541% Assessed CR Tax Rate +0.083606%
Year 2014 Assessed Value $595 Land Value $595 Improvement Value Tax Amount $49.32 Change Rate +0.022812% Assessed CR Tax Rate +0.082891%
Year 2013 Assessed Value $595 Land Value $595 Improvement Value Tax Amount $48.22 Change Rate Assessed CR Tax Rate +0.081042%