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502 East Monroe Avenue

502 East Monroe Avenue, Casey, IL 62420
Property in Casey
Sold Apr 07, 2021
$46,000
$30,526 by Teutopolis State Bank
Mortgage Due Apr 19, 2026
Sold Jan 28, 2020
$18,500
502 East Monroe Avenue has been categorized by the local assessors in Casey, IL as a residential type of property. The building on the property was first built in 1940 and is 84 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 502 East Monroe Avenue has 948 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 8,184 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 502 East Monroe Avenue was last sold in Apr 7, 2021 for $46,000. According to our calculations, that's $48.52 per sqft. Prior to that sales transaction, the property was sold for $18,500 in Jan 24, 2020. Current property owners are expected to pay $863 in taxes per year. The property on 502 East Monroe Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $10,024. To break that down further, the land itself was valued at $2,470. While improvements to the property were assessed at a total of $7,554. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,184
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 660
  • Total Building Area: 948
  • Building Area: 948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAMUEL ADKISSONS ADDITION
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 66X124 SAMUEL ADKISSONS ADDITION 1 H 1 OB 502 E MONROE

Ownership

  • Current Owner : THOELE LENNY
  • Current Owner 2: FULK LISA
  • Previous Owner : YODER MELVIN A
  • Previous Owner 2: YODER LYDIA ANN
  • Owner Before Previous Owner: KNIERIM TRACI SUMER
  • Owner Before Previous Owner 2: KNIERIM MARY C
  • Ownership Rights Codes: Tenants in Common
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 03, 2023

Neighborhood

  • School District Name: Casey-Westfield Community Unit School District 4C
  • Census Tract: 060300

Geography

  • District: 3
  • Parcel: 03-11-20-14-304-029
  • Lot: 30
  • Municipality: CASEY TOWNSHIP
  • Latitude: 39.2952
  • Longitude: -87.9866

    Address

  • Full Address: 502 E Monroe Ave
  • Address - House Number: 502
  • Street Direction: E
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Casey
  • Carrier Code: C002
  • 4-Digit Zip Code: 2034
  • Zip Code: 62420

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $863
  • Tax Rate Code Area: 03003

    Appraisal Valuation

  • Standard Deviation: 0.1087
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 37,486
  • High Value: 41,561
  • Low Value: 33,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,526
  • First Open Lien Mortgage Lender: TEUTOPOLIS STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 07, 2021
  • First Open Lien Mortgage Loan Amount: $30,526
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 19, 2026

    Market Valuation

  • Market Total Value: $30,072
  • Market Land Value: $7,410
  • Market Improvement Value: $22,662

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,024
  • Assessed Land Value: $2,470
  • Assessed Improvements Value: $7,554

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11835282209
  • Current Sale Price: $46,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00000920
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $18,500
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEUTOPOLIS STATE BANK
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $30,526
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 19, 2026

About Casey



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Frequently Asked Questions

What neighborhood is 502 East Monroe Avenue located in?
The 502 East Monroe Avenue is a located in the neighborhood of Casey in Casey, Casey.
What is the average sales price for listings in 502 East Monroe Avenue?
The average sales price for units in 502 East Monroe Avenue is $0 currently.

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