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404 South Main Street

404 South Main Street, Farmer City, IL 61842
Commercial in Santa Anna
404 South Main Street in Farmer City, IL was first built in 1958 and is 66 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 18,286 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The exterior walls of the home are made of masonry. While the interior walls are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Sep 2, 2022 for $45,000. That's $4.57 per sqft. Prior to that sales transaction, the property was also sold in Jul 31, 2012 for $250,000. 404 South Main Street was last assessed in 2022. The total value of the property was assessed at $81,565. Specifically, the land the property is located on was valued at $27,342. While improvements on the property were assessed at a total of $54,223. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,886. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200221
02/21/2020
Loft
-
-
$135,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,286
  • Total Building Area: 9,855
  • Gross Building Area: 9,855
  • Building Area: 9,855
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MOORE ADDITION
  • Land Acres: 0.419
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: MOORE ADDITION, LOTS 1 THRU 9 BLK 2 & E 1/2 VAC ALLEY LYG W & ADJ (AS IN ORD #571 255/270)

Ownership

  • Current Owner : SHANKLES NATHAN G
  • Previous Owner : TOWN AND COUNTRY BANK
  • Owner Before Previous Owner: HAMMER VALLI

Neighborhood

  • School District Name: Blue Ridge Community Unit School District 18
  • Census Tract: 971400

Geography

  • Parcel: 05-28-377-012
  • Block: 2,E
  • Lot: 1-9
  • Municipality: SANTA-ANNA
  • Latitude: 40.2414
  • Longitude: -88.6429

    Address

  • Full Address: 404 S Main St
  • Address - House Number: 404
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Farmer City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1460
  • Zip Code: 61842

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 07, 2022
  • First Open Lien Mortgage Loan Amount: $72,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $244,719
  • Market Land Value: $244,719

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,565
  • Assessed Land Value: $27,342
  • Assessed Improvements Value: $54,223

    Sales

  • Current Sale Contract Date: Sep 02, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Transaction ID: 11895774796
  • Current Sale Price: $45,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 263396
  • Previous Sale Recording Date: Oct 18, 2012
  • Previous Sale Contract Date: Jul 31, 2012
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Sep 07, 2022
  • First Mortgage Loan Amount: $72,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: TOWN AND COUNTRY BANK
  • Previous Mortgage Transaction Date: Oct 18, 2012
  • Previous Mortgage Loan Amount: $606,250
  • Previous Mortgage Term: 144
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 10, 2024

About Farmer City



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Frequently Asked Questions

What neighborhood is 404 South Main Street located in?
The 404 South Main Street is a commercial located in the neighborhood of Santa Anna in Farmer City, Farmer City.
What is the average sales price for listings in 404 South Main Street?
The average sales price for units in 404 South Main Street is $0 currently.

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