Taxes
- Assessed Value: $17,680
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-22.0-437-014
- Assessed Land Value: 2648
- Market Land Value: 7944
- Tax Amount: 945.66
- Tax Year: 2025
- Market Value: 53040
- Market Year: 2025
1509 N Michigan Ave; Springfield, IL Property Details
On Market for 10 days
1509 N Michigan Ave Springfield, IL 62702
$104,000 Listing Price
3 Beds
1.5 Baths
1,504 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1921
- Purchase Price: $41,000
- Open Loans / Balance: 1 / $27,923
- Est. Equity / %: $65,077 / 69.98%
- Gross Yield: 5.331%
- APN: 14-22.0-437-014
- Situs County: Sangamon
- Length Of Ownership: 5 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
Measurements
- Total: 1,504/SqFt
- Lot: 5,438/SqFt
- Price Per Square Foot: $27.26
Legal Description
- Description: L 130 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: 39.8203 / -89.63543
- Subdivision: Reservoir Park Place
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2824
Ownership Info
1509 N Michigan Ave has no associated ownership info
1509 N Michigan Ave has no associated ownership info.
Taxes
1509 N Michigan Ave has 10 associated Taxes items
1509 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 $17,680. The APN we've located for 1509 N Michigan Ave is 14-22.0-437-014.
Unlock the full reportTax History
1509 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 $17,680 | Land Value $2,648 | Improvement Value $15,032 | Tax Amount $945.66 | Change Rate +0.073248% | Assessed CR | Tax Rate +0.053488% |
| Year 2024 | Assessed Value $16,490 | Land Value $2,470 | Improvement Value $14,020 | Tax Amount $881.12 | Change Rate +0.099778% | Assessed CR | Tax Rate +0.053434% |
| Year 2023 | Assessed Value $15,062 | Land Value $2,256 | Improvement Value $12,806 | Tax Amount $801.18 | Change Rate +0.078769% | Assessed CR | Tax Rate +0.053192% |
| Year 2022 | Assessed Value $14,288 | Land Value $2,140 | Improvement Value $12,148 | Tax Amount $742.68 | Change Rate +0.064255% | Assessed CR | Tax Rate +0.051979% |
| Year 2021 | Assessed Value $13,753 | Land Value $2,060 | Improvement Value $11,693 | Tax Amount $697.84 | Change Rate -0.37301% | Assessed CR | Tax Rate +0.050741% |
| Year 2020 | Assessed Value $18,635 | Land Value $2,062 | Improvement Value $16,573 | Tax Amount $1,113 | Change Rate +0.483604% | Assessed CR | Tax Rate +0.059726% |
| Year 2019 | Assessed Value $18,570 | Land Value $2,055 | Improvement Value $16,515 | Tax Amount $750.2 | Change Rate | Assessed CR | Tax Rate +0.040398% |
| Year 2018 | Assessed Value $14,879 | Land Value $2,044 | Improvement Value $12,835 | Tax Amount $750.2 | Change Rate +0.030211% | Assessed CR | Tax Rate +0.05042% |
| Year 2017 | Assessed Value $14,687 | Land Value $2,018 | Improvement Value $12,669 | Tax Amount $728.2 | Change Rate -0.162411% | Assessed CR | Tax Rate +0.049581% |
| Year 2016 | Assessed Value $16,425 | Land Value $1,990 | Improvement Value $14,435 | Tax Amount $869.4 | Change Rate +0.016913% | Assessed CR | Tax Rate +0.052932% |
| Year 2015 | Assessed Value $16,228 | Land Value $1,966 | Improvement Value $14,262 | Tax Amount $854.94 | Change Rate -0.06999% | Assessed CR | Tax Rate +0.052683% |
| Year 2014 | Assessed Value $16,123 | Land Value $1,953 | Improvement Value $14,170 | Tax Amount $919.28 | Change Rate +0.022809% | Assessed CR | Tax Rate +0.057017% |
| Year 2013 | Assessed Value $17,093 | Land Value $1,953 | Improvement Value $15,140 | Tax Amount $898.78 | Change Rate | Assessed CR | Tax Rate +0.052582% |