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1515 E Melrose St; Springfield, IL Property Details

1515 E Melrose St, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 1515 E Melrose St is 6,500 square feet.

Off market
1515 E Melrose St Springfield, IL 62703
$18,208 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $43,000
  • Est. Equity / %: $57,000 / 100%
  • Gross Yield: 8.589%
  • APN: 22-03.0-476-037
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 2 months

Measurements

  • Lot: 6,500/SqFt

Legal Description

  • Description: LINCOLN HEIGHTS L 191 & 192 (6,500 SQ FT) 3-15-5
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: 39.775257 / -89.63458
  • Subdivision: Lincoln Heights
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3738

Ownership Info

1515 E Melrose St has no associated ownership info
1515 E Melrose St has no associated ownership info.

Taxes

1515 E Melrose St has 10 associated Taxes items

1515 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 $18,208. The APN we've located for 1515 E Melrose St is 22-03.0-476-037.

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Taxes
  • Assessed Value:  $18,208
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-476-037
  • Assessed Land Value:  1816
  • Market Land Value:  5448
  • Tax Amount:  1474.2
  • Tax Year:  2025
  • Market Value:  54624
  • Market Year:  2025

Tax History

1515 E Melrose St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,208 Land Value $1,816 Improvement Value $16,392 Tax Amount $1,474.2 Change Rate +0.033511% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $16,982 Land Value $1,694 Improvement Value $15,288 Tax Amount $1,426.4 Change Rate +0.040151% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $15,511 Land Value $1,547 Improvement Value $13,964 Tax Amount $1,371.34 Change Rate +0.040139% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $14,713 Land Value $1,467 Improvement Value $13,246 Tax Amount $1,318.42 Change Rate +0.034282% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $14,162 Land Value $1,412 Improvement Value $12,750 Tax Amount $1,274.72 Change Rate +0.020298% Assessed CR Tax Rate +0.09001%
Year 2020 Assessed Value $14,183 Land Value $1,414 Improvement Value $12,769 Tax Amount $1,249.36 Change Rate +0.080257% Assessed CR Tax Rate +0.088089%
Year 2019 Assessed Value $14,133 Land Value $1,409 Improvement Value $12,724 Tax Amount $1,156.54 Change Rate Assessed CR Tax Rate +0.081833%
Year 2018 Assessed Value $13,688 Land Value $1,402 Improvement Value $12,286 Tax Amount $1,156.54 Change Rate +0.021155% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $13,511 Land Value $1,384 Improvement Value $12,127 Tax Amount $1,132.58 Change Rate +0.02003% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $13,314 Land Value $1,364 Improvement Value $11,950 Tax Amount $1,110.34 Change Rate +0.009767% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $13,155 Land Value $1,348 Improvement Value $11,807 Tax Amount $1,099.6 Change Rate -0.020453% Assessed CR Tax Rate +0.083588%
Year 2014 Assessed Value $13,070 Land Value $1,339 Improvement Value $11,731 Tax Amount $1,122.56 Change Rate Assessed CR Tax Rate +0.085888%