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5 Salem Rd; Springfield, IL Property Details

5 Salem Rd, Springfield, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 5 Salem Rd has 3 bedrooms, and 1 bathroom, and a total of 992 square feet. The lot size of 5 Salem Rd is 5,508 square feet.

Off market
5 Salem Rd Springfield, IL 62702
$74,900 Listing Price
3 Beds
1 Baths
992 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $70,500
  • Open Loans / Balance: 1 / $46,172
  • Est. Equity / %: $72,828 / 61.2%
  • Gross Yield: 10.598%
  • APN: 14-20.0-478-021
  • Situs County: Sangamon
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 992/SqFt
  • Lot: 5,508/SqFt
  • Price Per Square Foot: $71.07

Legal Description

  • Description: L 25 LINCOLN ACRES SUB
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: 39.817043 / -89.674
  • Subdivision: Lincoln Acres Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1644

Ownership Info

5 Salem Rd has no associated ownership info
5 Salem Rd has no associated ownership info.

Taxes

5 Salem Rd has 10 associated Taxes items

5 Salem Rd, 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 $29,605. The APN we've located for 5 Salem Rd is 14-20.0-478-021.

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Taxes
  • Assessed Value:  $29,605
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-20.0-478-021
  • Assessed Land Value:  3137
  • Market Land Value:  9411
  • Tax Amount:  1911.16
  • Tax Year:  2025
  • Market Value:  88815
  • Market Year:  2025

Tax History

5 Salem Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,605 Land Value $3,137 Improvement Value $26,468 Tax Amount $1,911.16 Change Rate +0.052807% Assessed CR Tax Rate +0.064555%
Year 2024 Assessed Value $27,612 Land Value $2,926 Improvement Value $24,686 Tax Amount $1,815.3 Change Rate +0.068226% Assessed CR Tax Rate +0.065743%
Year 2023 Assessed Value $25,221 Land Value $2,673 Improvement Value $22,548 Tax Amount $1,699.36 Change Rate +0.057974% Assessed CR Tax Rate +0.067379%
Year 2022 Assessed Value $23,925 Land Value $2,536 Improvement Value $21,389 Tax Amount $1,606.24 Change Rate +0.04794% Assessed CR Tax Rate +0.067136%
Year 2021 Assessed Value $23,029 Land Value $2,441 Improvement Value $20,588 Tax Amount $1,532.76 Change Rate +0.019705% Assessed CR Tax Rate +0.066558%
Year 2020 Assessed Value $23,064 Land Value $2,445 Improvement Value $20,619 Tax Amount $1,503.14 Change Rate +0.163529% Assessed CR Tax Rate +0.065173%
Year 2019 Assessed Value $21,394 Land Value $2,436 Improvement Value $18,958 Tax Amount $1,291.88 Change Rate Assessed CR Tax Rate +0.060385%
Year 2018 Assessed Value $21,290 Land Value $2,424 Improvement Value $18,866 Tax Amount $1,291.88 Change Rate +0.026393% Assessed CR Tax Rate +0.06068%
Year 2017 Assessed Value $21,015 Land Value $2,393 Improvement Value $18,622 Tax Amount $1,258.66 Change Rate +0.026137% Assessed CR Tax Rate +0.059893%
Year 2016 Assessed Value $20,708 Land Value $2,358 Improvement Value $18,350 Tax Amount $1,226.6 Change Rate +0.014759% Assessed CR Tax Rate +0.059233%
Year 2015 Assessed Value $20,461 Land Value $2,330 Improvement Value $18,131 Tax Amount $1,208.76 Change Rate +0.012226% Assessed CR Tax Rate +0.059076%
Year 2014 Assessed Value $20,329 Land Value $2,315 Improvement Value $18,014 Tax Amount $1,194.16 Change Rate +0.022818% Assessed CR Tax Rate +0.058742%
Year 2013 Assessed Value $20,410 Land Value $2,315 Improvement Value $18,095 Tax Amount $1,167.52 Change Rate Assessed CR Tax Rate +0.057203%