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55 Oak Ln; Springfield, IL Property Details

55 Oak Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 55 Oak Ln is 36,155 square feet.

Off market
55 Oak Ln Springfield, IL 62712
$110,789 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $758,000 / 100%
  • Gross Yield: 6.285%
  • APN: 29-03.0-401-014
  • Situs County: Sangamon
  • Length Of Ownership: 18 years, 6 months

Measurements

  • Lot: 36,155/SqFt

Legal Description

  • Description: OAK LANE TR. B-14-A SEC. 3 SPFLD. LAKE LANDS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Ball-Chatham Community Unit School District 5
  • Lat / Lon: 39.690712 / -89.63444
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8611

Ownership Info

55 Oak Ln has no associated ownership info
55 Oak Ln has no associated ownership info.

Taxes

55 Oak Ln has 10 associated Taxes items

55 Oak Ln, 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 $110,789. The APN we've located for 55 Oak Ln is 29-03.0-401-014.

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Taxes
  • Assessed Value:  $110,789
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  29-03.0-401-014
  • Assessed Land Value:  50584
  • Market Land Value:  151752
  • Tax Amount:  6895.32
  • Tax Year:  2025
  • Market Value:  332367
  • Market Year:  2025

Tax History

55 Oak Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $110,789 Land Value $50,584 Improvement Value $60,205 Tax Amount $6,895.32 Change Rate +0.022398% Assessed CR Tax Rate +0.062238%
Year 2024 Assessed Value $103,329 Land Value $47,178 Improvement Value $56,151 Tax Amount $6,744.26 Change Rate +0.06328% Assessed CR Tax Rate +0.06527%
Year 2023 Assessed Value $94,382 Land Value $43,093 Improvement Value $51,289 Tax Amount $6,342.88 Change Rate +0.04276% Assessed CR Tax Rate +0.067204%
Year 2022 Assessed Value $89,529 Land Value $40,877 Improvement Value $48,652 Tax Amount $6,082.78 Change Rate +0.034054% Assessed CR Tax Rate +0.067942%
Year 2021 Assessed Value $86,176 Land Value $39,346 Improvement Value $46,830 Tax Amount $5,882.46 Change Rate +0.00423% Assessed CR Tax Rate +0.068261%
Year 2020 Assessed Value $86,305 Land Value $39,405 Improvement Value $46,900 Tax Amount $5,857.68 Change Rate +0.037011% Assessed CR Tax Rate +0.067872%
Year 2019 Assessed Value $86,004 Land Value $39,268 Improvement Value $46,736 Tax Amount $5,648.62 Change Rate Assessed CR Tax Rate +0.065679%
Year 2018 Assessed Value $85,736 Land Value $39,124 Improvement Value $46,612 Tax Amount $5,648.62 Change Rate +0.022582% Assessed CR Tax Rate +0.065884%
Year 2017 Assessed Value $84,627 Land Value $38,618 Improvement Value $46,009 Tax Amount $5,523.88 Change Rate +0.019125% Assessed CR Tax Rate +0.065273%
Year 2016 Assessed Value $83,393 Land Value $38,055 Improvement Value $45,338 Tax Amount $5,420.22 Change Rate +0.004615% Assessed CR Tax Rate +0.064996%
Year 2015 Assessed Value $82,396 Land Value $37,600 Improvement Value $44,796 Tax Amount $5,395.32 Change Rate +0.004726% Assessed CR Tax Rate +0.06548%
Year 2014 Assessed Value $81,864 Land Value $37,357 Improvement Value $44,507 Tax Amount $5,369.94 Change Rate +0.007406% Assessed CR Tax Rate +0.065596%
Year 2013 Assessed Value $81,864 Land Value $37,357 Improvement Value $44,507 Tax Amount $5,330.46 Change Rate Assessed CR Tax Rate +0.065114%