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505 N Walnut St; Springfield, IL Property Details

505 N Walnut St, Springfield, IL is a Single Family. This property is not for sale. Our records show that 505 N Walnut St has 2 bathrooms, and a total of 1,305 square feet. The lot size of 505 N Walnut St is 5,407 square feet.

Off market
505 N Walnut St Springfield, IL 62702
$25,000 Listing Price
2 Baths
1,305 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $126,000 / 100%
  • Gross Yield: 6.581%
  • APN: 14-28.0-328-015
  • Situs County: Sangamon
  • Length Of Ownership: 25 years, 1 months

Rooms

  • Bathrooms: 2

Measurements

  • Total: 1,305/SqFt
  • Lot: 5,407/SqFt

Legal Description

  • Description: L 5 B 2 T.C. BAKER JR. 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: 39.80731 / -89.6638
  • Subdivision: T.C. Baker Jr. Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 5039

Ownership Info

505 N Walnut St has no associated ownership info
505 N Walnut St has no associated ownership info.

Taxes

505 N Walnut St has 10 associated Taxes items

505 N 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 $20,278. The APN we've located for 505 N Walnut St is 14-28.0-328-015.

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Taxes
  • Assessed Value:  $20,278
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-28.0-328-015
  • Assessed Land Value:  2752
  • Market Land Value:  8256
  • Tax Amount:  640.68
  • Tax Year:  2025
  • Market Value:  60834
  • Market Year:  2025

Tax History

505 N Walnut St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,278 Land Value $2,752 Improvement Value $17,526 Tax Amount $640.68 Change Rate -0.596701% Assessed CR Tax Rate +0.031595%
Year 2024 Assessed Value $18,913 Land Value $2,567 Improvement Value $16,346 Tax Amount $1,588.6 Change Rate +0.040068% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $17,276 Land Value $2,345 Improvement Value $14,931 Tax Amount $1,527.4 Change Rate +0.040166% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $16,387 Land Value $2,224 Improvement Value $14,163 Tax Amount $1,468.42 Change Rate +0.034244% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $15,774 Land Value $2,141 Improvement Value $13,633 Tax Amount $1,419.8 Change Rate +0.020308% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $15,797 Land Value $2,144 Improvement Value $13,653 Tax Amount $1,391.54 Change Rate +0.070004% Assessed CR Tax Rate +0.088089%
Year 2019 Assessed Value $15,742 Land Value $2,137 Improvement Value $13,605 Tax Amount $1,300.5 Change Rate Assessed CR Tax Rate +0.082613%
Year 2018 Assessed Value $15,392 Land Value $2,128 Improvement Value $13,264 Tax Amount $1,300.5 Change Rate +0.021217% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $15,192 Land Value $2,100 Improvement Value $13,092 Tax Amount $1,273.48 Change Rate +0.020057% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $14,970 Land Value $2,069 Improvement Value $12,901 Tax Amount $1,248.44 Change Rate +0.009787% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $14,791 Land Value $2,044 Improvement Value $12,747 Tax Amount $1,236.34 Change Rate +0.041901% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $14,696 Land Value $2,031 Improvement Value $12,665 Tax Amount $1,186.62 Change Rate +0.022825% Assessed CR Tax Rate +0.080744%
Year 2013 Assessed Value $14,319 Land Value $2,032 Improvement Value $12,287 Tax Amount $1,160.14 Change Rate Assessed CR Tax Rate +0.081021%