When was property at 421 West Vernon Avenue built and last sold?

The property at 421 West Vernon Avenue was built in 1900 and last sold on May 30, 2023 for $130,000.

How much is this home worth?

The estimated value of the home located at 421 West Vernon Avenue is $0.

What are some comparable homes to 421 West Vernon Avenue?

There are currently no comparable homes to 421 West Vernon Avenue.

Normal

61761

421 W Vernon Avenue

$130,000

● House - Off Market

421 W Vernon Avenue

Normal, IL 61761

4 Beds

1 Bath

2,016 Ft²

$188,954

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Investment Property for Sale by ISU Campus - Don't Miss This Opportunity! Are you looking for an investment property for sale? Look no further than this great opportunity near the Illinois State University campus! This is an iconic home and a chance to own a piece of real estate in a highly desirable area, perfect for those looking to capitalize on the college rental market. Don't miss out on this incredible opportunity - act now! Each home is 4 bed 1 bath. Each home has a special use variance permit allowing more than 2 unrelated occupants, Must be sold together 421 and 423 w Vernon ave. 421 is currently vacant.

Unit Size

2,016 Ft²

Days on Market

Land Size

Price per sqft

$93

Property Type

House

Property Taxes

$219

HOA Dues

Year Built

1900

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11728292)

Price History

Date / Event	Date	Event
May 30, 2023	Sold	Premium
Sold
Mar 1, 2023	Listed by BHHS Central Illinois, REALTORS	$187,500
Listed by BHHS Central Illinois, REALTORS
Nov 3, 2022	No longer available	-
No longer available
Jun 2, 2022	Listed by RE/MAX Rising	$170,000
Listed by RE/MAX Rising

	ATTENTION ALL INVESTORS! First time on the market since the mid 1970s making this a rare opportunity to own 2 "iconic" homes used as ISU student rentals for over 3 decades. Located right on the edge of ISU campus making for a very short commute for students. Each home offers 4 bedrooms and 1 bath. Each home has a licensed special use variance permit allowing more than 2 unrelated occupants. Must be sold together with 423 W. Vernon. Don't miss your chance to own a piece of ISU "history." The manager has listed the unit size as 2016 square feet.

Property Highlights

Building Info

Overview

General

Year Built: 1900

Effective Year Built: 1900
Building Count: 1
Bedroom Count: 4
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 168
Parking Space Count: 0
Patio Type: 0
Porch Type: 106
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,270

Lot Size Depth Feet: 1,450
Lot Size Frontage Feet: 500
Total Building Area: 1,344
Building Area: 1,344
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 4
Heated Square Feet: 1,344
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MIDWAY ADD
Land Acres: 0000000167
Standard Land Use Code: 1000
County Land Use Code: 0040
Legal Description 1: MIDWAY ADD TO NORMAL LOT 1

Neighborhood

School District Name: McLean County Unit School District 5

Census Tract: 000400

Zoning

Zoning: R-1A

Geography

District: 30

Parcel: 14-28-455-010
Lot: 1
Meridian: SEC 28 TWN 24N RNG 02E
Municipality: NORMAL
Latitude: 40.5046
Longitude: -88.9903

Address

Full Address: 421 W Vernon Ave

Address - House Number: 421
Street Direction: W
Address - Street Name: Vernon
Address - Suffix Type: Ave
State: IL
City Name: Normal
Carrier Code: C044
4-Digit Zip Code: 3542
Zip Code: 61761

Valuation

Tax

Tax Year: 2022

Tax Amount: $272,598
Tax Rate Code Area: 3007

Appraisal Valuation

Standard Deviation: 0.09

Valuation Date: Feb 28, 2024
Confidence Score: 92
Final Value: 162,861
High Value: 177,522
Low Value: 148,200

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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Market Valuation

Market Total Value: $91,038

Market Land Value: $24,558
Market Improvement Value: $66,480

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $30,346
Assessed Land Value: $8,186
Assessed Improvements Value: $22,160

Sales

Current Sale Contract Date: May 30, 2023

Current Sale Recording Date: Jun 01, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 6904
Previous Sale Recording Date: Mar 29, 2018
Previous Sale Contract Date: Dec 27, 2010
Previous Sale Amount: $438,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Normal

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$120

Below Asking

0.01%

Average Days on Market

Average Home Size

2233 ft²

Average Home Age

41.8 years

Currently For Sale

39 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

Unit for rent at 1313 E Washington Street, Bloomington, IL, 61701

$2,400 /mo

5 Beds
2 Baths
3,525 ft²

1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: John Albee, BHHS Central Illinois, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11728292

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.

421 W Vernon Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Normal

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions