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Savoy 61874
905 Indigo Drive
$327,000
● House - Off Market

905 Indigo Drive

Savoy, IL 61874
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,039 Ft²
$2,127
Est. Monthly
3.07%
Cap Rate

About This Property

Welcome to your new home located in the desirable Prairie Fields neighborhood of Savoy, situated on a corner lot. This house boasts a versatile flex room that can serve as a reading room, greeting room, or office. Adjacent to the flex room, you'll find the dining room, followed by a kitchen with a cozy breakfast area. The living room features a charming fireplace, perfect for family gatherings. Upstairs, the spacious master suite offers a relaxing whirlpool tub, and there are two additional well-sized bedrooms.Roof and siding 2020,water heater 2021,sump pump 2019.The basement has rough plumbing.Dont miss the nice back yard with irrigation systme in place . Come and explore this beautiful home and envision your future here!
Unit Size
2,039 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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 #12043187)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jun 21, 2024 In contract -
In contract
May 30, 2024 Listed by RE/MAX REALTY ASSOCIATES-CHA $330,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,714
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE FIELDS 5B SUB
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 142 PRAIRIE FIELDS 5B SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001400

Geography

  • District: 03
  • Parcel: 03-20-36-253-018
  • Lot: 142
  • Meridian: SEC 36 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0645
  • Longitude: -88.2452

    Address

  • Full Address: 905 Indigo
  • Address - House Number: 905
  • Address - Street Name: Indigo
  • State: IL
  • City Name: Savoy
  • Carrier Code: R003
  • 4-Digit Zip Code: 9325
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $607,338
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 319,196
  • High Value: 384,028
  • Low Value: 254,365

    Market Valuation

  • Market Total Value: $251,640
  • Market Land Value: $51,120
  • Market Improvement Value: $200,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,880
  • Assessed Land Value: $17,040
  • Assessed Improvements Value: $66,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2007
  • Current Sale Recording Date: Oct 24, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007R28808
  • Previous Sale Recording Date: Jun 05, 2003
  • Previous Sale Contract Date: May 28, 2003
  • Previous Sale Amount: $193,500
  • Previous Sale Document Type: 20
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 Savoy

Stats & Trends

Median Asking:

$382,450

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2383 ft²

Average Home Age

26.4 years

Currently For Sale

17 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

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MRED

Listed by: Nelly Santos-Thomas, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 12043187
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 905 Indigo Drive built and last sold?
The property at 905 Indigo Drive was built in and last sold on Oct 9, 2007 for $215,000.
How much is this home worth?
The estimated value of the home located at 905 Indigo Drive is $0.
What are some comparable homes to 905 Indigo Drive?
There are currently no comparable homes to 905 Indigo Drive.
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