Charming and beautifully updated ranch home situated on a peaceful, wooded 6.40 acre +/- setting that is ideal for nature hikes and ATV riding. This adorable property offers 4 bedrooms, a full bath, and a convenient half bath located in the primary bedroom with the potential to be easily converted into a second full bath. The bright kitchen features a dining combination, making it perfect for everyday living and entertaining. The living room is enhanced with surround sound, creating a comfortable space for relaxing or hosting guests. Numerous updates throughout the home provide a truly move-in-ready feel, including a mini-split system added to the primary bedroom in fall 2025 for added comfort. Exterior amenities include a storage shed and a spacious 24x28 detached garage with concrete flooring, electric heat, and wall unit air conditioning. Enjoy summer days in the 52 foot above-ground pool installed in 2024. The home is serviced by public water, public sewer, and natural gas. Offering space, comfort, and functionality, this property is ready for its next owner.
Closed
Listing Provided by: MCR Realty Professionals, Inc
Bought with: Keller Williams Pinnacle
$212,980
127 Murray Ave, Panama, IL 62077
4beds
1,562sqft
Single Family Residence
Built in 1977
6.4 Acres Lot
$199,600 Zestimate®
$136/sqft
$1,392 Estimated rent
Home value
$199,600
$190,000 - $210,000
$1,392/mo
Zestimate® history
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Bright kitchenDining combinationStorage shed
Zillow last checked:
Listing updated:
Listing Provided by:
Stephanie Noyes 217-851-5961,
MCR Realty Professionals, Inc
Bought with:
Patrice Tucker, 475193731
Keller Williams Pinnacle
Source: MARIS,MLS#: 26000674
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Description: Primary Bedroom 1
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 210
- Dimensions: 14x15
Bedroom 2
- Description: Bedroom #2
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 99
- Dimensions: 11x9
Bedroom 3
- Description: Bedroom #3
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 148.5
- Dimensions: 13.5x11
Bedroom 4
- Description: Bedroom #4
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 110
- Dimensions: 11x10
Primary bathroom
- Description: Primary Bathroom
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 70
- Dimensions: 7x10
Bathroom
- Description: Main Bathroom
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 40
- Dimensions: 8x5
Kitchen
- Description: Eat-in Kitchen
- Features: Floor Covering: Laminate
- Level: Main
- Area: 253
- Dimensions: 23x11
Laundry
- Description: Laundry Area
- Features: Floor Covering: Laminate
- Level: Main
- Area: 32
- Dimensions: 8x4
Living room
- Description: Living Room
- Features: Floor Covering: Laminate
- Level: Main
- Area: 198
- Dimensions: 18x11
Mud room
- Description: Mud room
- Features: Floor Covering: Laminate
- Level: Main
- Area: 77
- Dimensions: 11x7
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Laundry: Main Level
Features
- Kitchen/Dining Room Combo, Eat-in Kitchen
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,562
- Total interior livable area: 1,562 sqft
- Finished area above ground: 1,562
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage, Garage Door Opener
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: One
- Patio & porch: Patio
- Has private pool: Yes
- Pool features: Above Ground
Lot
- Size: 6.40 Acres
- Dimensions: 6.75 ac
- Features: Adjoins Wooded Area, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 2022353007,2022353001,2022354003,& other
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Ameren
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Panama
- Subdivision: Not In A Subdivision
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Private
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | $212,980+6.5%$136/sqft |
Source:  MARIS #26000674 Report a problem | ||
| 1/19/2026 | Contingent | $199,900$128/sqft |
Source: MARIS #26000674 Report a problem | ||
| 1/10/2026 | Listed for sale | $199,900+122.1%$128/sqft |
Source: MARIS #26000674 Report a problem | ||
| 6/12/2020 | Sold | $90,000$58/sqft |
Source: MARIS #20025003 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,296 +0.8% | $36,260 +4.7% |
| 2023 | $2,279 +4% | $34,620 +5% |
| 2022 | $2,192 +4.6% | $32,980 +8% |
| 2021 | $2,096 +6.8% | $30,550 +5.2% |
| 2020 | $1,963 +2.1% | $29,050 +3.9% |
| 2019 | $1,923 +5.5% | $27,970 +4.8% |
| 2018 | $1,822 +0.1% | $26,700 +2.9% |
| 2017 | $1,820 | $25,960 +1.3% |
| 2016 | $1,820 -1.9% | $25,630 -0.9% |
| 2015 | $1,855 +3.8% | $25,850 -0.8% |
| 2013 | $1,787 -1.4% | $26,060 -2.7% |
| 2011 | $1,812 -2.2% | $26,770 -1% |
| 2009 | $1,852 | $27,050 |
Find assessor info on the county website
Neighborhood: 62077
Nearby schools
GreatSchools rating
- 7/10Beckemeyer Elementary SchoolGrades: K-5Distance: 8.5 mi
- 8/10Hillsboro Jr High SchoolGrades: 6-8Distance: 8.8 mi
- 7/10Hillsboro High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Hillsboro Dist 3
- Middle: Hillsboro Dist 3
- High: Hillsboro Community High Schoo
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Montgomery County
- Walshville
- 62077
- 127 Murray Ave
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