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2 Downing Ln; Springfield, IL Property Details

2 Downing Ln, Springfield, IL is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 2 Downing Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,137 square feet. The lot size of 2 Downing Ln is 15,682 square feet.

Off market
2 Downing Ln Springfield, IL 62712
$240,000 Listing Price
3 Beds
2 Baths
2,137 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $240,000
  • Open Loans / Balance: 1 / $227,059
  • Est. Equity / %: $57,941 / 20.33%
  • Gross Yield: 11.318%
  • APN: 29-02.0-326-003
  • Situs County: Sangamon
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,137/SqFt
  • Lot: 15,682/SqFt
  • Price Per Square Foot: $112.31

Legal Description

  • Description: PT W 1/2 E 1/2 SW 1/4 TRACT 2 2-14-5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ball-Chatham Community Unit School District 5
  • Lat / Lon: 39.691967 / -89.623985
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 8916

Ownership Info

2 Downing Ln has no associated ownership info
2 Downing Ln has no associated ownership info.

Taxes

2 Downing Ln has 10 associated Taxes items

2 Downing Ln, 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 $85,217. The APN we've located for 2 Downing Ln is 29-02.0-326-003.

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Taxes
  • Assessed Value:  $85,217
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  29-02.0-326-003
  • Assessed Land Value:  3169
  • Market Land Value:  9507
  • Tax Amount:  5373.84
  • Tax Year:  2025
  • Market Value:  255651
  • Market Year:  2025

Tax History

2 Downing Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $85,217 Land Value $3,169 Improvement Value $82,048 Tax Amount $5,373.84 Change Rate +0.09583% Assessed CR Tax Rate +0.063061%
Year 2024 Assessed Value $79,427 Land Value $2,954 Improvement Value $76,473 Tax Amount $4,903.9 Change Rate +1.082194% Assessed CR Tax Rate +0.061741%
Year 2023 Assessed Value $39,663 Land Value $2,677 Improvement Value $36,986 Tax Amount $2,355.16 Change Rate +0.062903% Assessed CR Tax Rate +0.059379%
Year 2022 Assessed Value $36,999 Land Value $2,497 Improvement Value $34,502 Tax Amount $2,215.78 Change Rate +0.054119% Assessed CR Tax Rate +0.059888%
Year 2021 Assessed Value $35,136 Land Value $2,371 Improvement Value $32,765 Tax Amount $2,102.02 Change Rate +0.026217% Assessed CR Tax Rate +0.059825%
Year 2020 Assessed Value $34,471 Land Value $2,326 Improvement Value $32,145 Tax Amount $2,048.32 Change Rate +0.061867% Assessed CR Tax Rate +0.059422%
Year 2019 Assessed Value $33,821 Land Value $2,282 Improvement Value $31,539 Tax Amount $1,928.98 Change Rate Assessed CR Tax Rate +0.057035%
Year 2018 Assessed Value $33,831 Land Value $2,283 Improvement Value $31,548 Tax Amount $1,928.98 Change Rate +0.010064% Assessed CR Tax Rate +0.057018%
Year 2017 Assessed Value $33,831 Land Value $2,283 Improvement Value $31,548 Tax Amount $1,909.76 Change Rate -0.059278% Assessed CR Tax Rate +0.05645%
Year 2016 Assessed Value $33,460 Land Value $2,258 Improvement Value $31,202 Tax Amount $2,030.1 Change Rate +0.362977% Assessed CR Tax Rate +0.060672%
Year 2015 Assessed Value $32,472 Land Value $2,191 Improvement Value $30,281 Tax Amount $1,489.46 Change Rate +0.043931% Assessed CR Tax Rate +0.045869%
Year 2014 Assessed Value $31,459 Land Value $2,123 Improvement Value $29,336 Tax Amount $1,426.78 Change Rate +0.051515% Assessed CR Tax Rate +0.045354%
Year 2013 Assessed Value $30,528 Land Value $2,060 Improvement Value $28,468 Tax Amount $1,356.88 Change Rate Assessed CR Tax Rate +0.044447%