Taxes
- Assessed Value: $40,204
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-14.0-179-014
- Assessed Land Value: 9617
- Market Land Value: 28851
- Tax Amount: 2512.22
- Tax Year: 2025
- Market Value: 120612
- Market Year: 2025
2055 E Buchanan St; Springfield, IL Property Details
Off market
2055 E Buchanan St Springfield, IL 62703
$88,000 Listing Price
2 Beds
3 Baths
1,664 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Open Loans / Balance: 1 / $96,301
- Est. Equity / %: $53,699 / 35.8%
- Gross Yield: 11.608%
- APN: 22-14.0-179-014
- Situs County: Sangamon
- Length Of Ownership: 15 years, 5 months
Rooms
- Bedrooms: 2
- Bathrooms: 3
Measurements
- Total: 1,664/SqFt
- Lot: 18,099/SqFt
Legal Description
- Description: L 218 SOUTHLAWN 2ND PLAT SE NW 14-15-5
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: 39.753178 / -89.6226
- Subdivision: Southlawn 2nd
- Property Class: Residential
- Zoning: R1
- County Use Code: 40
Amenities
- Plus Four: 4964
Ownership Info
2055 E Buchanan St has no associated ownership info
2055 E Buchanan St has no associated ownership info.
Taxes
2055 E Buchanan St has 10 associated Taxes items
2055 E Buchanan 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 $40,204. The APN we've located for 2055 E Buchanan St is 22-14.0-179-014.
Unlock the full reportTax History
2055 E Buchanan St 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 $40,204 | Land Value $9,617 | Improvement Value $30,587 | Tax Amount $2,512.22 | Change Rate +0.043723% | Assessed CR | Tax Rate +0.062487% |
| Year 2024 | Assessed Value $37,399 | Land Value $8,946 | Improvement Value $28,453 | Tax Amount $2,406.98 | Change Rate +0.0321% | Assessed CR | Tax Rate +0.064359% |
| Year 2023 | Assessed Value $34,628 | Land Value $8,283 | Improvement Value $26,345 | Tax Amount $2,332.12 | Change Rate +0.054018% | Assessed CR | Tax Rate +0.067348% |
| Year 2022 | Assessed Value $32,770 | Land Value $7,839 | Improvement Value $24,931 | Tax Amount $2,212.6 | Change Rate +0.045257% | Assessed CR | Tax Rate +0.067519% |
| Year 2021 | Assessed Value $31,486 | Land Value $7,532 | Improvement Value $23,954 | Tax Amount $2,116.8 | Change Rate +0.039573% | Assessed CR | Tax Rate +0.06723% |
| Year 2020 | Assessed Value $31,143 | Land Value $7,450 | Improvement Value $23,693 | Tax Amount $2,036.22 | Change Rate +0.079593% | Assessed CR | Tax Rate +0.065383% |
| Year 2019 | Assessed Value $30,599 | Land Value $7,320 | Improvement Value $23,279 | Tax Amount $1,886.1 | Change Rate | Assessed CR | Tax Rate +0.061639% |
| Year 2018 | Assessed Value $30,468 | Land Value $7,289 | Improvement Value $23,179 | Tax Amount $1,886.1 | Change Rate -0.069107% | Assessed CR | Tax Rate +0.061904% |
| Year 2017 | Assessed Value $32,517 | Land Value $7,177 | Improvement Value $25,340 | Tax Amount $2,026.12 | Change Rate +0.288454% | Assessed CR | Tax Rate +0.06231% |
| Year 2016 | Assessed Value $31,678 | Land Value $6,992 | Improvement Value $24,686 | Tax Amount $1,572.52 | Change Rate +0.031458% | Assessed CR | Tax Rate +0.049641% |
| Year 2015 | Assessed Value $30,963 | Land Value $6,834 | Improvement Value $24,129 | Tax Amount $1,524.56 | Change Rate +0.02207% | Assessed CR | Tax Rate +0.049238% |
| Year 2014 | Assessed Value $30,705 | Land Value $6,777 | Improvement Value $23,928 | Tax Amount $1,491.64 | Change Rate +0.00916% | Assessed CR | Tax Rate +0.04858% |
| Year 2013 | Assessed Value $31,034 | Land Value $6,850 | Improvement Value $24,184 | Tax Amount $1,478.1 | Change Rate | Assessed CR | Tax Rate +0.047628% |