Taxes
- Assessed Value: $108,877
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-251-007
- Assessed Land Value: 5913
- Market Land Value: 17739
- Tax Amount: 8815.12
- Tax Year: 2025
- Market Value: 326631
- Market Year: 2025
502 S Walnut St; Springfield, IL Property Details
Off market
502 S Walnut St Springfield, IL 62704
$139,900 Listing Price
4 Beds
2,980 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1857
- Purchase Price: $142,000
- Est. Equity / %: $273,000 / 100%
- Gross Yield: 14.185%
- APN: 14-33.0-251-007
- Situs County: Sangamon
- Length Of Ownership: 20 years, 6 months
Rooms
- Bedrooms: 4
Measurements
- Total: 2,980/SqFt
- Lot: 9,920/SqFt
- Price Per Square Foot: $47.65
Legal Description
- Description: L 20 JAMES BROWNS 2ND ADDN.
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: 39.79768 / -89.662544
- Subdivision: James Browns 2nd Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 1933
Ownership Info
502 S Walnut St has no associated ownership info
502 S Walnut St has no associated ownership info.
Taxes
502 S Walnut St has 10 associated Taxes items
502 S Walnut 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 $108,877. The APN we've located for 502 S Walnut St is 14-33.0-251-007.
Unlock the full reportTax History
502 S Walnut 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 $108,877 | Land Value $5,913 | Improvement Value $102,964 | Tax Amount $8,815.12 | Change Rate +0.033503% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $101,546 | Land Value $5,515 | Improvement Value $96,031 | Tax Amount $8,529.36 | Change Rate +0.040115% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $92,753 | Land Value $5,037 | Improvement Value $87,716 | Tax Amount $8,200.4 | Change Rate +0.049823% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $87,170 | Land Value $4,778 | Improvement Value $82,392 | Tax Amount $7,811.22 | Change Rate +0.034284% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $83,906 | Land Value $4,599 | Improvement Value $79,307 | Tax Amount $7,552.3 | Change Rate +0.020275% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $84,032 | Land Value $4,606 | Improvement Value $79,426 | Tax Amount $7,402.22 | Change Rate +0.100898% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $83,739 | Land Value $4,590 | Improvement Value $79,149 | Tax Amount $6,723.8 | Change Rate | Assessed CR | Tax Rate +0.080295% |
| Year 2018 | Assessed Value $79,579 | Land Value $4,568 | Improvement Value $75,011 | Tax Amount $6,723.8 | Change Rate +0.02115% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $78,550 | Land Value $4,509 | Improvement Value $74,041 | Tax Amount $6,584.54 | Change Rate +0.02004% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $77,404 | Land Value $4,443 | Improvement Value $72,961 | Tax Amount $6,455.18 | Change Rate +0.00978% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $76,479 | Land Value $4,390 | Improvement Value $72,089 | Tax Amount $6,392.66 | Change Rate +0.062942% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $75,985 | Land Value $4,362 | Improvement Value $71,623 | Tax Amount $6,014.12 | Change Rate +0.02282% | Assessed CR | Tax Rate +0.079149% |
| Year 2013 | Assessed Value $72,573 | Land Value $4,361 | Improvement Value $68,212 | Tax Amount $5,879.94 | Change Rate | Assessed CR | Tax Rate +0.081021% |