For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Arrowsmith 61722
101 S Tipsord Street
$117,500
● House - Off Market

101 S Tipsord Street

Arrowsmith, IL 61722
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$136,110
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Rare find Ranch home built in 2005 in Arrowsmith's desirable Tipsord Addition subdivision! This 2 car garage home has 3 bedrooms with the master bedroom having its own in-suite full bathroom.  Close proximity from the bedrooms is the laundry room that has plenty of room to organize and complete the task with ease.  The kitchen is spacious and has plenty of room for a large kitchen table that sits in front of the patio door that overlooks the deck, patio and fully fenced in backyard!  The small shed will remain with the home. The water heater was replaced about 4 years ago.  Roof was replaced after a hail storm in October 2014 by Cornbelt Roofing.  This gem won't last long for sure.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$105
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11062225)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
May 20, 2021 Listed by RE/MAX Rising $119,900
Listed by RE/MAX Rising

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 574
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,840
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIPSORD ADD
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TIPSORD ADDITION TO ARROWSMITH LOT 13

Neighborhood

  • School District Name: Ridgeview Community Unit School District 19
  • Census Tract: 005602

Geography

  • District: 3
  • Parcel: 24-16-427-003
  • Lot: 13
  • Meridian: SEC 16 TWN 23N RNG 05E
  • Municipality: ARROWSMITH
  • Latitude: 40.4487
  • Longitude: -88.6346

    Address

  • Full Address: 101 S Tipsord St
  • Address - House Number: 101
  • Street Direction: S
  • Address - Street Name: Tipsord
  • Address - Suffix Type: St
  • State: IL
  • City Name: Arrowsmith
  • Carrier Code: R777
  • 4-Digit Zip Code: 7506
  • Zip Code: 61722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $242,598
  • Tax Rate Code Area: 301

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 159,316
  • High Value: 191,255
  • Low Value: 127,378

    Market Valuation

  • Market Total Value: $121,401
  • Market Land Value: $6,219
  • Market Improvement Value: $115,182

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,467
  • Assessed Land Value: $2,073
  • Assessed Improvements Value: $38,394

    Sales

  • Current Sale Contract Date: Sep 11, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00022508

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Arrowsmith

Stats & Trends

Median Asking:

$141,250

Sale Price/ft²

$104

Above Asking

0.00%

Average Days on Market

80

Average Home Size

1543 ft²

Average Home Age

156 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: McKenzie Sylvester, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11062225
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 101 South Tipsord Street built and last sold?
The property at 101 South Tipsord Street was built in 2005 and last sold on Sep 11, 2021 for $117,500.
How much is this home worth?
The estimated value of the home located at 101 South Tipsord Street is $0.
What are some comparable homes to 101 South Tipsord Street?
There are currently no comparable homes to 101 South Tipsord Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Arrowsmith Homes for Sale
Arrowsmith Houses for Sale
Arrowsmith Homes with Basements
Arrowsmith Homes with Pools
Arrowsmith Homes with Parking
Arrowsmith Homes with Garages
Arrowsmith Homes with a View
Arrowsmith Homes with Guest House
Nearby Cities
Le Roy Homes for Sale
Colfax Homes for Sale
Saybrook Homes for Sale
Bellflower Homes for Sale
Ellsworth Homes for Sale
Cooksville Homes for Sale
Anchor Homes for Sale
Nearby Property Records
McLean County, IL Property Records
Ford County, IL Property Records
De Witt County, IL Property Records
Champaign County, IL Property Records
Piatt County, IL Property Records
Livingston County, IL Property Records
Woodford County, IL Property Records
Macon County, IL Property Records
Nearby Counties
Empire Homes for Sale
Martin Homes for Sale
Cheney's Grove Homes for Sale
Dawson Homes for Sale
Bellflower Homes for Sale
Blue Mound Homes for Sale
Anchor Homes for Sale
West Homes for Sale
Top Real Estate Agents
Top Agents in Arrowsmith
Top Agents in 61752
Top Agents in Empire
Top Agents in Le Roy
Top Agents in 61728
Top Agents in Martin
Top Agents in Colfax
Top Agents in 61770