Taxes
- Assessed Value: $32,125
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-27.0-334-023
- Assessed Land Value: 32125
- Market Land Value: 89886
- Tax Amount: 2600.98
- Tax Year: 2025
- Market Value: 89886
- Market Year: 2024
402 N 5th St; Springfield, IL Property Details
Off market
402 N 5th St Springfield, IL 62702
$32,125 Estimated Value
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $320,000
- Open Loans: 1
- APN: 14-27.0-334-023
- Situs County: Sangamon
- Length Of Ownership: 5 years, 7 months
Measurements
- Lot: 7,103/SqFt
Legal Description
- Description: S 52' 6'' EX S 12' E 78' L2 B3 N EDWARDS ADDN
Building Insights
Land Information
- Property Type: Commercial Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Springfield School District 186
- Lat / Lon: 39.80522 / -89.64882
- Subdivision: N Edwards Add
- Property Class: Vacant
- County Use Code: 50
Amenities
- Plus Four: 5202
Ownership Info
402 N 5th St has no associated ownership info
402 N 5th St has no associated ownership info.
Taxes
402 N 5th St has 10 associated Taxes items
402 N 5th 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 $32,125. The APN we've located for 402 N 5th St is 14-27.0-334-023.
Unlock the full reportTax History
402 N 5th 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 $32,125 | Land Value $32,125 | Improvement Value | Tax Amount $2,600.98 | Change Rate +0.033505% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $29,962 | Land Value $29,962 | Improvement Value | Tax Amount $2,516.66 | Change Rate +0.040097% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $27,368 | Land Value $27,368 | Improvement Value | Tax Amount $2,419.64 | Change Rate +0.040106% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $25,961 | Land Value $25,961 | Improvement Value | Tax Amount $2,326.34 | Change Rate +0.059855% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $24,386 | Land Value $24,386 | Improvement Value | Tax Amount $2,194.96 | Change Rate +1.730389% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $9,126 | Land Value $9,126 | Improvement Value | Tax Amount $803.9 | Change Rate -0.616752% | Assessed CR | Tax Rate +0.088089% |
| Year 2019 | Assessed Value $24,940 | Land Value $24,940 | Improvement Value | Tax Amount $2,097.6 | Change Rate | Assessed CR | Tax Rate +0.084106% |
| Year 2018 | Assessed Value $24,826 | Land Value $24,826 | Improvement Value | Tax Amount $2,097.6 | Change Rate +0.021147% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $24,505 | Land Value $24,505 | Improvement Value | Tax Amount $2,054.16 | Change Rate +0.020011% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $24,148 | Land Value $24,148 | Improvement Value | Tax Amount $2,013.86 | Change Rate +0.009808% | Assessed CR | Tax Rate +0.083397% |
| Year 2015 | Assessed Value $23,859 | Land Value $23,859 | Improvement Value | Tax Amount $1,994.3 | Change Rate +0.0152% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $23,705 | Land Value $23,705 | Improvement Value | Tax Amount $1,964.44 | Change Rate +0.022826% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $23,705 | Land Value $23,705 | Improvement Value | Tax Amount $1,920.6 | Change Rate | Assessed CR | Tax Rate +0.081021% |