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88 Island Bay Ln; Springfield, IL Property Details

88 Island Bay Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 88 Island Bay Ln is 24,829 square feet.

Off market
88 Island Bay Ln Springfield, IL 62712
$137,311 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $506,000 / 100%
  • Gross Yield: 10.304%
  • APN: 22-35.0-426-008
  • Situs County: Sangamon
  • Length Of Ownership: 18 years, 1 months

Measurements

  • Lot: 24,829/SqFt

Legal Description

  • Description: HICKORY POINT TR 162 SEC 35
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: 39.704952 / -89.61531
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 9563

Ownership Info

88 Island Bay Ln has no associated ownership info
88 Island Bay Ln has no associated ownership info.

Taxes

88 Island Bay Ln has 10 associated Taxes items

88 Island Bay 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 $137,311. The APN we've located for 88 Island Bay Ln is 22-35.0-426-008.

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Taxes
  • Assessed Value:  $137,311
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-35.0-426-008
  • Assessed Land Value:  64672
  • Market Land Value:  194016
  • Tax Amount:  9311.02
  • Tax Year:  2025
  • Market Value:  411933
  • Market Year:  2025

Tax History

88 Island Bay Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,311 Land Value $64,672 Improvement Value $72,639 Tax Amount $9,311.02 Change Rate +0.024083% Assessed CR Tax Rate +0.06781%
Year 2024 Assessed Value $127,731 Land Value $60,160 Improvement Value $67,571 Tax Amount $9,092.06 Change Rate +0.043903% Assessed CR Tax Rate +0.071181%
Year 2023 Assessed Value $118,270 Land Value $55,704 Improvement Value $62,566 Tax Amount $8,709.68 Change Rate +0.045266% Assessed CR Tax Rate +0.073642%
Year 2022 Assessed Value $111,924 Land Value $52,715 Improvement Value $59,209 Tax Amount $8,332.5 Change Rate +0.035711% Assessed CR Tax Rate +0.074448%
Year 2021 Assessed Value $107,537 Land Value $50,649 Improvement Value $56,888 Tax Amount $8,045.2 Change Rate +0.020954% Assessed CR Tax Rate +0.074813%
Year 2020 Assessed Value $106,367 Land Value $50,098 Improvement Value $56,269 Tax Amount $7,880.08 Change Rate +0.059643% Assessed CR Tax Rate +0.074084%
Year 2019 Assessed Value $104,507 Land Value $49,222 Improvement Value $55,285 Tax Amount $7,436.54 Change Rate Assessed CR Tax Rate +0.071158%
Year 2018 Assessed Value $104,059 Land Value $49,011 Improvement Value $55,048 Tax Amount $7,436.54 Change Rate +0.037716% Assessed CR Tax Rate +0.071465%
Year 2017 Assessed Value $102,460 Land Value $48,258 Improvement Value $54,202 Tax Amount $7,166.26 Change Rate +0.125917% Assessed CR Tax Rate +0.069942%
Year 2016 Assessed Value $92,378 Land Value $39,575 Improvement Value $52,803 Tax Amount $6,364.82 Change Rate +0.016585% Assessed CR Tax Rate +0.0689%
Year 2015 Assessed Value $90,292 Land Value $38,681 Improvement Value $51,611 Tax Amount $6,260.98 Change Rate -0.053343% Assessed CR Tax Rate +0.069341%
Year 2014 Assessed Value $89,540 Land Value $38,359 Improvement Value $51,181 Tax Amount $6,613.78 Change Rate -0.002783% Assessed CR Tax Rate +0.073864%
Year 2013 Assessed Value $90,499 Land Value $38,770 Improvement Value $51,729 Tax Amount $6,632.24 Change Rate Assessed CR Tax Rate +0.073285%