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7 Karl Ln; Springfield, IL Property Details

7 Karl Ln, Springfield, IL is a Single Family that was built in 1956. This property is not for sale. Our records show that 7 Karl Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,358 square feet. The lot size of 7 Karl Ln is 12,149 square feet.

Off market
7 Karl Ln Springfield, IL 62702
$194,167 Listing Price
3 Beds
2 Baths
2,358 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $116,500
  • Est. Equity / %: $184,000 / 100%
  • Gross Yield: 13.48%
  • APN: 14-29.0-128-011
  • Situs County: Sangamon
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,358/SqFt
  • Lot: 12,149/SqFt
  • Price Per Square Foot: $49.41

Legal Description

  • Description: L2 CARL BABIAK SUB #1
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: 39.812508 / -89.68622
  • Subdivision: Carl Babiak Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3521

Ownership Info

7 Karl Ln has no associated ownership info
7 Karl Ln has no associated ownership info.

Taxes

7 Karl Ln has 10 associated Taxes items

7 Karl 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 $57,589. The APN we've located for 7 Karl Ln is 14-29.0-128-011.

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Taxes
  • Assessed Value:  $57,589
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-29.0-128-011
  • Assessed Land Value:  7723
  • Market Land Value:  23169
  • Tax Amount:  4176.86
  • Tax Year:  2025
  • Market Value:  172767
  • Market Year:  2025

Tax History

7 Karl Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,589 Land Value $7,723 Improvement Value $49,866 Tax Amount $4,176.86 Change Rate +0.042261% Assessed CR Tax Rate +0.072529%
Year 2024 Assessed Value $53,711 Land Value $7,203 Improvement Value $46,508 Tax Amount $4,007.5 Change Rate +0.052672% Assessed CR Tax Rate +0.074612%
Year 2023 Assessed Value $49,060 Land Value $6,579 Improvement Value $42,481 Tax Amount $3,806.98 Change Rate +0.04801% Assessed CR Tax Rate +0.077598%
Year 2022 Assessed Value $46,538 Land Value $6,241 Improvement Value $40,297 Tax Amount $3,632.58 Change Rate +0.040288% Assessed CR Tax Rate +0.078056%
Year 2021 Assessed Value $44,795 Land Value $6,007 Improvement Value $38,788 Tax Amount $3,491.9 Change Rate +0.020045% Assessed CR Tax Rate +0.077953%
Year 2020 Assessed Value $44,862 Land Value $6,016 Improvement Value $38,846 Tax Amount $3,423.28 Change Rate +0.106447% Assessed CR Tax Rate +0.076307%
Year 2019 Assessed Value $44,706 Land Value $5,995 Improvement Value $38,711 Tax Amount $3,093.94 Change Rate Assessed CR Tax Rate +0.069206%
Year 2018 Assessed Value $42,618 Land Value $5,965 Improvement Value $36,653 Tax Amount $3,093.94 Change Rate +0.023345% Assessed CR Tax Rate +0.072597%
Year 2017 Assessed Value $42,067 Land Value $5,888 Improvement Value $36,179 Tax Amount $3,023.36 Change Rate +0.022566% Assessed CR Tax Rate +0.07187%
Year 2016 Assessed Value $41,453 Land Value $5,802 Improvement Value $35,651 Tax Amount $2,956.64 Change Rate +0.011841% Assessed CR Tax Rate +0.071325%
Year 2015 Assessed Value $40,958 Land Value $5,733 Improvement Value $35,225 Tax Amount $2,922.04 Change Rate +0.266861% Assessed CR Tax Rate +0.071342%
Year 2014 Assessed Value $40,694 Land Value $5,696 Improvement Value $34,998 Tax Amount $2,306.52 Change Rate -0.025263% Assessed CR Tax Rate +0.05668%
Year 2013 Assessed Value $40,206 Land Value $5,697 Improvement Value $34,509 Tax Amount $2,366.3 Change Rate Assessed CR Tax Rate +0.058854%