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501 Broad Pl; Springfield, IL Property Details

501 Broad Pl, Springfield, IL is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 501 Broad Pl has 3 bedrooms, and 1.5 bathrooms, and a total of 1,475 square feet. The lot size of 501 Broad Pl is 8,666 square feet.

Off market
501 Broad Pl Springfield, IL 62703
$128,000 Listing Price
3 Beds
1.5 Baths
1,475 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $128,000
  • Open Loans / Balance: 1 / $116,554
  • Est. Equity / %: $39,446 / 25.29%
  • Gross Yield: 11.492%
  • APN: 22-04.0-432-004
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5

Measurements

  • Total: 1,475/SqFt
  • Lot: 8,666/SqFt
  • Price Per Square Foot: $86.78

Legal Description

  • Description: PAYNE'S SOUTH SIDE 2ND PLAT S. 100' LOT 33 & LOT 32 EX N 44' OF W 30'
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: 39.77597 / -89.64978
  • Subdivision: Paynes South Side Add 2nd Pla
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3419

Ownership Info

501 Broad Pl has no associated ownership info
501 Broad Pl has no associated ownership info.

Taxes

501 Broad Pl has 10 associated Taxes items

501 Broad Pl, 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 $50,074. The APN we've located for 501 Broad Pl is 22-04.0-432-004.

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Taxes
  • Assessed Value:  $50,074
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-04.0-432-004
  • Assessed Land Value:  9428
  • Market Land Value:  28284
  • Tax Amount:  4054.2
  • Tax Year:  2025
  • Market Value:  150222
  • Market Year:  2025

Tax History

501 Broad Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,074 Land Value $9,428 Improvement Value $40,646 Tax Amount $4,054.2 Change Rate +0.033512% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $46,702 Land Value $8,793 Improvement Value $37,909 Tax Amount $3,922.74 Change Rate +0.040117% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $42,658 Land Value $8,032 Improvement Value $34,626 Tax Amount $3,771.44 Change Rate +0.378158% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $36,539 Land Value $7,620 Improvement Value $28,919 Tax Amount $2,736.58 Change Rate +0.042245% Assessed CR Tax Rate +0.074895%
Year 2021 Assessed Value $35,171 Land Value $7,335 Improvement Value $27,836 Tax Amount $2,625.66 Change Rate +0.019959% Assessed CR Tax Rate +0.074654%
Year 2020 Assessed Value $35,224 Land Value $7,346 Improvement Value $27,878 Tax Amount $2,574.28 Change Rate +0.061927% Assessed CR Tax Rate +0.073083%
Year 2019 Assessed Value $35,101 Land Value $7,320 Improvement Value $27,781 Tax Amount $2,424.16 Change Rate Assessed CR Tax Rate +0.069062%
Year 2018 Assessed Value $34,691 Land Value $7,284 Improvement Value $27,407 Tax Amount $2,424.16 Change Rate +0.023932% Assessed CR Tax Rate +0.069879%
Year 2017 Assessed Value $34,243 Land Value $7,190 Improvement Value $27,053 Tax Amount $2,367.5 Change Rate +0.02327% Assessed CR Tax Rate +0.069138%
Year 2016 Assessed Value $33,743 Land Value $7,085 Improvement Value $26,658 Tax Amount $2,313.66 Change Rate +0.012463% Assessed CR Tax Rate +0.068567%
Year 2015 Assessed Value $33,339 Land Value $7,000 Improvement Value $26,339 Tax Amount $2,285.18 Change Rate +0.013204% Assessed CR Tax Rate +0.068544%
Year 2014 Assessed Value $33,124 Land Value $6,955 Improvement Value $26,169 Tax Amount $2,255.4 Change Rate +0.02282% Assessed CR Tax Rate +0.06809%
Year 2013 Assessed Value $33,216 Land Value $6,956 Improvement Value $26,260 Tax Amount $2,205.08 Change Rate Assessed CR Tax Rate +0.066386%