291 Michael Ave, Decatur, IL, 62526

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

291 Michael Ave, Decatur$190,000

Buyer Closing Credits

$2,256^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached, Garage

Attached Garage2 spaces

Year Built1958

HeatingNatural Gas

CoolingCentral Air

MLS #6247694

Lot Size0.54 Acres

StatusActive

About 291 Michael Ave

Looking for CHARACTER? This sprawling, MID-CENTURY MODERN, ranch with over 3,000 square feet will sure to spark your interest. Offering 4 bedrooms and 2.5 bathrooms in total, with a large master ensuite with a sunken tile shower, ample countertop space including built in vanity. The main living room offers a stone wall with fireplace. A 2nd family room is located at rear of home with the half bath and a built in bar. The stunning angular foyer in the middle of the home divides the bedrooms and living spaces. Home sits on a large corner lot with direct access to the Steven's Creek Bike path.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1958
• Stories: 1

Listing Office:

• Office Name: Main Place Real Estate
• Office Phone: (217) 422-3335

Interior Features

Interior Information:

• Appliances: Dryer, Gas Water Heater, Oven, Refrigerator, Range Hood, Washer

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Attached, Garage

Lot Features

Lot Information:

• Lot Size: 0.54 Acres

Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $190,000

Tax Information:

• Annual Amount: $5,435
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Decatur, IL

City

Med. Sold Price

$123K

Med. Price/SqFt

$72

Avg. Days On Market

40

# of Sold Homes

89

291 Michael Ave vs Decatur

13 DAYS ON ROCKET

-27 Days

$190,000

+$66.9K More

KEY TAKEAWAY

This property is $66.9K more than the Median Sold Price in Decatur, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CentralIL
• MLS Number: #6247694

Listing Office:

• Office Name: Main Place Real Estate
• Office Phone: (217) 422-3335

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 9:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jan 26, 2021	Jan 26, 2021Home Sold	$130,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,435	$50,955
2019	$5,435	$50,955
2018	$4,247	$51,320
2017	$3,412	$51,606

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,016

Per Month

Principal & Interest

$949

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Illinois›Macon County›Decatur›62526›291 Michael Ave

This home is located at 291 Michael Ave in Decatur, IL and zip code 62526. This home, which was built in 1958, sits on a 0.54 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $190,000.

Decatur, IL housing market in November 2024 saw over 25 listings sold above listed price, more than 16 sold at listed price and over 48 sold below. Between October 2024 and November 2024, Decatur, IL real estate market has seen decrease in the number of listings by 7.3%. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $123,004.

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