20 days on rocket

1357 550th Ave, Lincoln, IL, 62656

$299,900

Home List Price

$3,561*

Closing Credit

4 Bedrooms
1 Full Bath, 2 Partial
1,873 SqFt
$160/SqFt
House

Location

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1357 550th Ave, Lincoln$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Private
Garage2 spaces
Year Built1963
HeatingNatural Gas, Propane, Central
BasementYes
FireplaceWood Burning
MLS #CA1033339
StatusActive

About 1357 550th Ave

Are you looking for a cozy country home with beautiful views from every window? Would your dream include fenced pastures, How about separate barns for chickens, cows, or other animals. Would a greenhouse be a benefit in starting plants for your garden next year? Don’t miss this special property that is located in rural Central Illinois just 5 minutes from Route 55 and the West End of historical Lincoln Illinois. Amenities include 4 main floor bedrooms, Spacious basement with outside access also sporting a great bar and entertainment area. Walk up from the basement to the large wooden back deck with a Four Season room. The side deck is just off the Master Bedroom and kitchen, there is much more including a detached two car garage ,a 36x28 steel building with raised wooden floors for working comfort and a floored loft. Many more benefits. Home and barns are ready for new occupants. List of seller improvements in Documents tab. Showings to begin after December 16th. Call to schedule a visit to inspect these Rolling Hills and beautiful views today.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1963
  • Living Area: 1,873 SqFt

Listing Office:

  • Office Name: Coldwell Banker Cornerstone
  • Office Phone: (217) 737-7203
  • Listing Agent: Sandra Alexander

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer, Water Filtration System, Water Softener
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Deck, Fenced Yard, Greenhouse, Outbuilding(s), Pole Barn, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Private

Lot Features

Lot Information:

  • Lot: Pasture, Sloped

Utilities

Utilities Information:

  • Heating: Natural Gas, Propane, Central

Other

Directions Information:

  • Directions: 5th st road west; left on 600th ave., right on 1400th, left on 550E, home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $160/SqFt

Tax Information:

  • Annual Amount: $2,667
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$121.9K

Med. Price/SqFt

$89

Avg. Days On Market

39

# of Sold Homes

24

1357 550th Ave vs Lincoln

20 DAYS ON ROCKET

-19 Days

$299,900

+$177.9K More

$160/SqFt

+$70 More

KEY TAKEAWAY

This property is $177.9K more than the Median Sold Price and $70/SqFt more than other homes in Lincoln, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1033339

Listing Office:

  • Office Name: Coldwell Banker Cornerstone
  • Office Phone: (217) 737-7203
  • Listing Agent: Sandra Alexander

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 © 2024 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: 12/17/2024, 11:51:01 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

Sep 02, 2020Home Sold
$235,000
Feb 28, 2013Home Sold
$162,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,667$39,580
2019$2,704$39,000
2018$2,737$38,980
2017$2,051$38,960

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-4336118
7
/10
  • Northwest Elementary School

  • 506 11th St

  • 6.89 miles

  • Public District Grades KG-5

school-card-donut-4336119
8
/10
  • Central Elementary School

  • 100 7th St

  • 7.14 miles

  • Public District Grades KG-5

school-card-donut-4336120
7
/10
  • Washington-Monroe Elementary School

  • 1002 Pekin St

  • 7.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,773. The majority of Lincoln, IL residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1357 550th Ave

What is the listing price of this property?

The listing price of 1357 550th Ave property is $299,900.

What type of property is this?

The property 1357 550th Ave is a house located in Lincoln, Illinois, 62656.

Is this property for sale now?

Active Listing: 1357 550th Ave 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 $2,667 (source: MLS/based on county public records data).

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

The last sale was on September 2, 2020 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1357 550th Ave has 4 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1357 550th Ave is 1,873 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1357 550th Ave is 1963.

Rocket HomesIllinoisLogan CountyLincoln626561357 550th Ave

This home is located at 1357 550th Ave in Lincoln, IL and zip code 62656. This 1,873 square foot home was built in 1963. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $299,900.

Over 6 listings were sold over their listed price in November 2024 in Lincoln, IL. In the same period over 13 listings were sold below the listed price and 5 listings were sold for the listed price. In November 2024 in Lincoln, IL there were 23.5% less homes for sale than in October 2024. While the average time on the market in November 2024 was 39 days, the median list price was $121,950.

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

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