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416 Merrymen Ln; Springfield, IL Property Details

416 Merrymen Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 416 Merrymen Ln is 9,756 square feet.

Off market
416 Merrymen Ln Springfield, IL 62704
$73,665 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $121,000
  • Est. Equity / %: $240,000 / 100%
  • Gross Yield: 10.75%
  • APN: 22-07.0-354-008
  • Situs County: Sangamon
  • Length Of Ownership: 25 years, 1 months

Measurements

  • Lot: 9,756/SqFt

Legal Description

  • Description: L 626 SHERWOOD 11TH PLAT
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: 39.759872 / -89.70417
  • Subdivision: Sherwood Sub 11th
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 5220

Ownership Info

416 Merrymen Ln has no associated ownership info
416 Merrymen Ln has no associated ownership info.

Taxes

416 Merrymen Ln has 10 associated Taxes items

416 Merrymen 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 $73,665. The APN we've located for 416 Merrymen Ln is 22-07.0-354-008.

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Taxes
  • Assessed Value:  $73,665
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-07.0-354-008
  • Assessed Land Value:  9397
  • Market Land Value:  28191
  • Tax Amount:  5073.62
  • Tax Year:  2025
  • Market Value:  220995
  • Market Year:  2025

Tax History

416 Merrymen Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,665 Land Value $9,397 Improvement Value $64,268 Tax Amount $5,073.62 Change Rate +0.046785% Assessed CR Tax Rate +0.068874%
Year 2024 Assessed Value $68,704 Land Value $8,764 Improvement Value $59,940 Tax Amount $4,846.86 Change Rate +0.059256% Assessed CR Tax Rate +0.070547%
Year 2023 Assessed Value $62,755 Land Value $8,005 Improvement Value $54,750 Tax Amount $4,575.72 Change Rate +0.062441% Assessed CR Tax Rate +0.072914%
Year 2022 Assessed Value $59,062 Land Value $7,594 Improvement Value $51,468 Tax Amount $4,306.8 Change Rate +0.043567% Assessed CR Tax Rate +0.07292%
Year 2021 Assessed Value $56,851 Land Value $7,310 Improvement Value $49,541 Tax Amount $4,127 Change Rate +0.019914% Assessed CR Tax Rate +0.072593%
Year 2020 Assessed Value $56,936 Land Value $7,321 Improvement Value $49,615 Tax Amount $4,046.42 Change Rate +0.023861% Assessed CR Tax Rate +0.07107%
Year 2019 Assessed Value $56,737 Land Value $7,295 Improvement Value $49,442 Tax Amount $3,952.12 Change Rate Assessed CR Tax Rate +0.069657%
Year 2018 Assessed Value $57,775 Land Value $7,258 Improvement Value $50,517 Tax Amount $3,952.12 Change Rate +0.024306% Assessed CR Tax Rate +0.068405%
Year 2017 Assessed Value $57,028 Land Value $7,164 Improvement Value $49,864 Tax Amount $3,858.34 Change Rate +0.023633% Assessed CR Tax Rate +0.067657%
Year 2016 Assessed Value $56,197 Land Value $7,060 Improvement Value $49,137 Tax Amount $3,769.26 Change Rate +0.012752% Assessed CR Tax Rate +0.067072%
Year 2015 Assessed Value $55,526 Land Value $6,976 Improvement Value $48,550 Tax Amount $3,721.8 Change Rate -0.044565% Assessed CR Tax Rate +0.067028%
Year 2014 Assessed Value $55,167 Land Value $6,931 Improvement Value $48,236 Tax Amount $3,895.4 Change Rate +0.022823% Assessed CR Tax Rate +0.070611%
Year 2013 Assessed Value $53,006 Land Value $6,932 Improvement Value $46,074 Tax Amount $3,808.48 Change Rate Assessed CR Tax Rate +0.07185%