Taxes
- Assessed Value: $55,153
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-251-009
- Assessed Land Value: 15470
- Market Land Value: 46410
- Tax Amount: 4465.42
- Tax Year: 2025
- Market Value: 165459
- Market Year: 2025
506 S Walnut St; Springfield, IL Property Details
Off market
506 S Walnut St Springfield, IL 62704
$165,000 Listing Price
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1923
- Purchase Price: $165,000
- Open Loans / Balance: 1 / $128,717
- Est. Equity / %: $55,283 / 30.05%
- Gross Yield: 10.735%
- APN: 14-33.0-251-009
- Situs County: Sangamon
- Length Of Ownership: 1 year, 7 months
Measurements
- Lot: 9,796/SqFt
Legal Description
- Description: L 22 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: 39.79743 / -89.663
- Subdivision: James Browns 2nd Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 1979
Ownership Info
506 S Walnut St has no associated ownership info
506 S Walnut St has no associated ownership info.
Taxes
506 S Walnut St has 10 associated Taxes items
506 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 $55,153. The APN we've located for 506 S Walnut St is 14-33.0-251-009.
Unlock the full reportTax History
506 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 $55,153 | Land Value $15,470 | Improvement Value $39,683 | Tax Amount $4,465.42 | Change Rate +0.695133% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $31,362 | Land Value $14,428 | Improvement Value $16,934 | Tax Amount $2,634.26 | Change Rate +0.040091% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $28,647 | Land Value $13,179 | Improvement Value $15,468 | Tax Amount $2,532.72 | Change Rate +0.040114% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $27,174 | Land Value $12,501 | Improvement Value $14,673 | Tax Amount $2,435.04 | Change Rate +0.03426% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $26,157 | Land Value $12,033 | Improvement Value $14,124 | Tax Amount $2,354.38 | Change Rate +0.02029% | Assessed CR | Tax Rate +0.09001% |
| Year 2020 | Assessed Value $26,196 | Land Value $12,051 | Improvement Value $14,145 | Tax Amount $2,307.56 | Change Rate -0.017909% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $26,105 | Land Value $12,009 | Improvement Value $14,096 | Tax Amount $2,349.64 | Change Rate | Assessed CR | Tax Rate +0.090007% |
| Year 2018 | Assessed Value $27,809 | Land Value $11,940 | Improvement Value $15,869 | Tax Amount $2,349.64 | Change Rate +0.02113% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $27,450 | Land Value $11,786 | Improvement Value $15,664 | Tax Amount $2,301.02 | Change Rate +0.020019% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $27,050 | Land Value $11,614 | Improvement Value $15,436 | Tax Amount $2,255.86 | Change Rate +0.009803% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $26,726 | Land Value $11,475 | Improvement Value $15,251 | Tax Amount $2,233.96 | Change Rate +0.015187% | Assessed CR | Tax Rate +0.083588% |
| Year 2014 | Assessed Value $26,554 | Land Value $11,401 | Improvement Value $15,153 | Tax Amount $2,200.54 | Change Rate +0.022822% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $26,554 | Land Value $11,401 | Improvement Value $15,153 | Tax Amount $2,151.44 | Change Rate | Assessed CR | Tax Rate +0.081021% |