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Sold for $40,000
  • $40,000

    3114 Lakeland Rd, Decatur, IL 62521

    3beds
    1,256sqft
    Single Family Residence
    Built in 1953
    0.49 Acres Lot
    $40,300 Zestimate®
    $32/sqft
    $1,382 Estimated rent

    Home value

    $40,300

    $36,000 - $45,000

    $1,382/mo

    Zestimate® history
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    What's special

    Opportunity awaits in the highly sought-after Mt. Zion School District! Situated on nearly a half-acre lot, this 3-bedroom, 1-bath home offers tremendous potential for investors, flippers, or buyers looking to build sweat equity. A new roof was installed in 2024, providing a solid start for future improvements. Much of the home features original hardwood flooring that could be beautifully restored to its former charm. The spacious screened-in porch offers a great place to relax and enjoy the large backyard setting. Home is being sold as-is and will require updates and repairs, but the location, lot size, and major improvements make this a property worth considering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Warner 217-422-3335,

    Main Place Real Estate

    Bought with:

    Amanda Good, 471022248

    Mtz Realty Services

    Source: CIBR,MLS#: 6259398MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Description: Flooring: Hardwood
    • Level: Main
    Bedroom
    • Description: Flooring: Hardwood
    • Level: Main
    Bedroom
    • Description: Flooring: Tile
    • Level: Main
    Dining room
    • Description: Flooring: Carpet
    • Level: Main
    Family room
    • Description: Flooring: Carpet
    • Level: Main
    Other
    • Description: Flooring: Tile
    • Level: Main
    Kitchen
    • Description: Flooring: Carpet
    • Level: Main
    Laundry
    • Description: Flooring: Carpet
    • Level: Main
    Living room
    • Description: Flooring: Hardwood
    • Level: Main
    Heating
    • Forced Air, Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Attic, Main Level Primary, Pantry, Paneling/Wainscoting
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,256
    • Total interior livable area: 1,256 sqft
    • Finished area above ground: 1,256

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Rear Porch, Enclosed, Front Porch, Patio
    • Exterior features: Shed, Workshop
    Lot
    • Size: 0.49 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 171236178002
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • Year built: 1953

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Location
    • Region: Decatur

    Financial & listing details

    • Price per square foot: $32/sqft
    • Tax assessed value: $37,307
    • Annual tax amount: $172
    • Date on market: 6/25/2026
    • Cumulative days on market: 2 days
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/1/2026Listing removed$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    8/19/2026Listed for rent$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    8/18/2026Listing removed$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    7/20/2026Listed for rent$1,495$1/sqft
    Source: Zillow Rentals Report a problem
    7/13/2026Sold$40,000-11.1%$32/sqft
    Source: CIBR #6259398 Report a problem
    6/27/2026Pending sale$45,000$36/sqft
    Source: CIBR #6259398 Report a problem
    6/25/2026Listed for sale$45,000$36/sqft
    Source: CIBR #6259398 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$172 -4%$37,307 +11.3%
    2023$179 +0%$33,528 +4.8%
    2022$179 -0.2%$31,986 +5.1%
    2021$179 +0.4%$30,429 +2.6%
    2020$179 -1%$29,644 +2.8%
    2019$180 +0.1%$28,842 +4%
    2018$180 +1%$27,743 +0.9%
    2017$179 -0.8%$27,485 +0.2%
    2016$180 +1.9%$27,427 +3%
    2015$177 +4.3%$26,628 +1%
    2014$169 -1.6%$26,364
    2013$172 -26.4%$26,364
    2012$234 $26,364
    2011-- $26,364 -4%
    2010-- $27,453
    2009-- $27,453
    2006-- --
    2005-- $24,479
    Find assessor info on the county website

    Neighborhood: 62521

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mt Zion Dist 3

    Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.