4 months on rocket

1158 N Franklin St, Salem, IL, 62881

$214,500

Home List Price

$2,547*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,002 SqFt
$107/SqFt
House

Location

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1158 N Franklin St, Salem$214,500

Buyer Closing Credits

$2,547*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1962
HeatingNatural Gas, Central
FireplaceWood Burning
MLS #EB454943
StatusActive

About 1158 N Franklin St

Marvelous location? 4 bedrooms? 2 1/2 bathrooms? inground pool? Yes!! This is it! Many generations of this home have enjoyed teaching their children to swim in the pool, celebrating holidays and special occurrences on the concrete patio and yard area. Covered patio area is perfect for evening cookouts. Master bedroom has a large closet and en suite full bathroom. Main bathroom has been remodeled with dual sinks, shower and a soaking tub. Plenty of space inside and out. Close to city park.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Living Area: 2,002 SqFt

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: Stacey Russell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Oven, Refrigerator
  • Basement: No
  • Interior: High Speed Internet
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Pool In Ground

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Wooded

Utilities

Utilities Information:

  • Heating: Natural Gas, Central

Other

Directions Information:

  • Directions: Route 37 north of Salem. Turn west onto Boone St. North onto Franklin. Home is at 1158

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,500
  • Price Per SqFt: $107/SqFt

Tax Information:

  • Annual Amount: $4,078
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, IL.

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Salem, IL

City

Med. Sold Price

$144K

Med. Price/SqFt

$98

Avg. Days On Market

29

# of Sold Homes

9

1158 N Franklin St vs Salem

124 DAYS ON ROCKET

+95 Days

$214,500

+$70.5K More

$107/SqFt

+$9 More

KEY TAKEAWAY

This property is $70.5K more than the Median Sold Price and $9/SqFt more than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB454943

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: Stacey Russell

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 8:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2019Home Sold
$195,000
May 25, 2005Home Sold
$57,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,078$46,190
2019$3,478$44,500
2018$3,486$44,500
2017$35$44,440

History based on county public records data.

Payment Calculator

$1,138

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$710

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4619
6
/10

  • Hawthorn Elementary School

  • 1300 Bobcat Cir

  • 0.40 miles

  • Public District Grades KG-3

school-card-donut-4620
3
/10

  • Sandoval Elementary School

  • 300 E Perry Ave

  • 9.09 miles

  • Public District Grades PK-6

school-card-donut-4621
3
/10

  • Jordan Elementary School

  • 311 Airport Rd

  • 11.19 miles

  • Public District Grades 2-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,914. Residents of Salem, IL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1158 N Franklin St

What is the listing price of this property?

The listing price of 1158 N Franklin St property is $214,500.

What type of property is this?

The property 1158 N Franklin St is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Active Listing: 1158 N Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,078 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2019 for $195,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1158 N Franklin St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1158 N Franklin St is 2,002 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1158 N Franklin St is 1962.

Rocket Homes›Illinois›Marion County›Salem›62881›1158 N Franklin St

This home is located at 1158 N Franklin St in Salem, IL and zip code 62881. This 2,002 square foot home was built in 1962. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $214,500.

While more than 1 listings in Salem, IL in December 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The number of listings in Salem, IL decreased by 6.3% between November 2024 and December 2024. While the average time on the market in December 2024 was 29 days, the median list price was $144,000.

From Rocket Homes Real Estate and based on county public records data.

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