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Sold for $360,000
  • $360,000

    2542 Fair Ln, Franklin, IL 62638

    1beds
    40Acres
    Unimproved Land
    Built in 1982
    40 Acres Lot
    $-- Zestimate®
    $257/sqft
    $729 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $729/mo

    Zestimate® history
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    What's special

    If a secluded home in the country is what you seek, this 40± acre property near Franklin is what you’ve been waiting for! Tucked quietly away where Fair Lane dead-ends, you’ll be welcomed home by open fields & a thick canopy of trees. Whether you’re looking for your full-time residence or a rural getaway, both the land & home can be customized to suit a variety of dreams. Home: Built in 1982, this single-owner home’s floorplan features 1 bed/1 bath. Need more? The 1400sqft unfinished, walk-out basement could be finished. Vaulted ceilings provide a wow-factor. Front & back porches lure you to take in the peaceful surroundings while sipping your morning coffee. Land: 40 taxable acres, 16.25± tillable (117.6 PI, Rozetta & Keomah) cash-rented for 2024. Buyer to receive 2nd half 2024 cash rent; open for 2025. Remainder is thick woodland & a shallow pond that could be developed. Online & in-person auction June 21 at 10AM. Selling as-is. Property will bring what the market bears at auction.

    Zillow last checked:

    Listing updated:

    Listed by:

    Darrell Moore Office:217-245-1618,

    Worrell Land Services, LLC

    Bought with:

    Debra Sarsany, 475118739

    The Real Estate Group, Inc.

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1029290MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 1,400 sqft
    • Finished area above ground: 1,400
    • Finished area below ground: 0

    Property

    Features
    • Stories: 1
    Lot
    • Size: 40 Acres
    • Dimensions: 40 acres
    • Features: Level, Wooded, Agricultural, Sloped
    Details
    • Additional structures: Garage(s), Other Building Improvements, Pole Barn
    • Parcel number: 1820200003
    • Zoning description: Agricultural
    • Wooded area: 1034550

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, None
    • Utilities for property: Electricity Available, Propane

    Community & neighborhood

    Location
    • Region: Franklin
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/18/2024Sold$360,000+35999900%$257/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1029290 Report a problem
    6/21/2024Pending sale$1
    Source: RMLS Alliance as distributed by MLS GRID #CA1029290 Report a problem
    5/21/2024Listed for sale$1
    Source: RMLS Alliance as distributed by MLS GRID #CA1029290 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$916 +0.1%$50,010 +11%
    2023$915 +1.4%$45,060 +3.6%
    2022$903 +11.9%$43,500 -0.5%
    2021$807 -60%$43,700 +9.2%
    2020$2,019 +138.1%$40,030 +5.7%
    2019$848 -3.7%$37,880 +4.2%
    2018$880 +19.2%$36,360 +3.1%
    2017$739 $35,250 +4.9%
    2016$739 0%$33,590 +1.3%
    2015$739 +1.7%$33,150 +2.7%
    2014$726 +2.8%$32,290 +0.8%
    2013$706 $32,030

    Find assessor info on the county website

    Neighborhood: 62638

    Nearby schools

    GreatSchools rating