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40 Melody Ln; Springfield, IL Property Details

40 Melody Ln, Springfield, IL is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 40 Melody Ln has 3 bedrooms, and 1 bathroom, and a total of 1,010 square feet. The lot size of 40 Melody Ln is 8,132 square feet.

Off market
40 Melody Ln Springfield, IL 62702
$120,000 Listing Price
3 Beds
1 Baths
1,010 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1975
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $112,405
  • Est. Equity / %: $21,595 / 16.12%
  • Gross Yield: 11.418%
  • APN: 14-25.0-330-006
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,010/SqFt
  • Lot: 8,132/SqFt
  • Price Per Square Foot: $118.81

Legal Description

  • Description: FRED W. WANLESS MELODY LANE ADDN S 42' L14 & N 11' L15
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: 39.808453 / -89.60676
  • Subdivision: Fred W. Wanless Melody Lane Add
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 40

Amenities

  • Plus Four: 6130

Ownership Info

40 Melody Ln has no associated ownership info
40 Melody Ln has no associated ownership info.

Taxes

40 Melody Ln has 10 associated Taxes items

40 Melody 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 $29,868. The APN we've located for 40 Melody Ln is 14-25.0-330-006.

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Taxes
  • Assessed Value:  $29,868
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-25.0-330-006
  • Assessed Land Value:  3928
  • Market Land Value:  11784
  • Tax Amount:  1924.06
  • Tax Year:  2025
  • Market Value:  89604
  • Market Year:  2025

Tax History

40 Melody Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,868 Land Value $3,928 Improvement Value $25,940 Tax Amount $1,924.06 Change Rate +0.029504% Assessed CR Tax Rate +0.064419%
Year 2024 Assessed Value $28,268 Land Value $3,718 Improvement Value $24,550 Tax Amount $1,868.92 Change Rate +0.071063% Assessed CR Tax Rate +0.066114%
Year 2023 Assessed Value $25,609 Land Value $3,368 Improvement Value $22,241 Tax Amount $1,744.92 Change Rate +0.053518% Assessed CR Tax Rate +0.068137%
Year 2022 Assessed Value $24,378 Land Value $3,206 Improvement Value $21,172 Tax Amount $1,656.28 Change Rate +0.113705% Assessed CR Tax Rate +0.067942%
Year 2021 Assessed Value $22,355 Land Value $2,940 Improvement Value $19,415 Tax Amount $1,487.18 Change Rate +0.033855% Assessed CR Tax Rate +0.066526%
Year 2020 Assessed Value $22,226 Land Value $2,923 Improvement Value $19,303 Tax Amount $1,438.48 Change Rate +0.032071% Assessed CR Tax Rate +0.064721%
Year 2019 Assessed Value $22,142 Land Value $2,912 Improvement Value $19,230 Tax Amount $1,393.78 Change Rate Assessed CR Tax Rate +0.062947%
Year 2018 Assessed Value $22,561 Land Value $2,967 Improvement Value $19,594 Tax Amount $1,393.78 Change Rate +0.049486% Assessed CR Tax Rate +0.061778%
Year 2017 Assessed Value $21,874 Land Value $2,877 Improvement Value $18,997 Tax Amount $1,328.06 Change Rate +0.08383% Assessed CR Tax Rate +0.060714%
Year 2016 Assessed Value $20,648 Land Value $2,716 Improvement Value $17,932 Tax Amount $1,225.34 Change Rate +0.004987% Assessed CR Tax Rate +0.059344%
Year 2015 Assessed Value $20,554 Land Value $2,704 Improvement Value $17,850 Tax Amount $1,219.26 Change Rate -0.032057% Assessed CR Tax Rate +0.05932%
Year 2014 Assessed Value $21,221 Land Value $2,792 Improvement Value $18,429 Tax Amount $1,259.64 Change Rate -0.043539% Assessed CR Tax Rate +0.059358%
Year 2013 Assessed Value $22,413 Land Value $2,949 Improvement Value $19,464 Tax Amount $1,316.98 Change Rate Assessed CR Tax Rate +0.05876%