493 Route 48
Argenta, IL 62501
3 bd 2 ba 1,718 sqft Built 1940 Lot 21,780 sqft single_family
Most recent sale
$135,000
Nov 21, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 21, 2023 | Sold | $135,000 | MRED |
| Oct 26, 2023 | Listing removed | — | CentralIllinois |
| Oct 2, 2023 | Listed | $140,000 | MRED |
| Mar 6, 2023 | Listing removed | $149,897 | MRED |
| Apr 29, 2020 | Sold | $103,000 | MRED |
| Mar 13, 2020 | Listing removed | — | CentralIllinois |
| Feb 20, 2020 | Price changed | $104,900 | CentralIllinois |
| Sep 24, 2019 | Price changed | $109,900 | CentralIllinois |
| Aug 8, 2019 | Price changed | $114,900 | CentralIllinois |
| Jul 9, 2019 | Price changed | $119,900 | CentralIllinois |
| Jun 19, 2019 | Listed | $129,900 | CentralIllinois |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $40,825 | $5,637 | $46,462 | $3,351 |
| 2023 | $38,925 | $5,375 | $44,300 | $3,105 |
| 2022 | $32,825 | $4,533 | $37,358 | $3,002 |
| 2021 | $31,694 | $4,377 | $36,071 | $2,933 |
| 2020 | $30,933 | $4,272 | $35,205 | $3,430 |
| 2019 | $29,867 | $4,125 | $33,992 | $3,353 |
| 2018 | $29,158 | $4,027 | $33,185 | $3,299 |
| 2017 | $29,281 | $4,044 | $33,325 | $3,313 |
| 2016 | $29,246 | $4,039 | $33,285 | $3,340 |
| 2015 | $28,394 | $3,921 | $32,315 | $3,104 |
| 2014 | $28,113 | $3,882 | $31,995 | $2,974 |
| 2013 | $28,113 | $3,882 | $31,995 | $2,938 |
| 2012 | $28,113 | $3,882 | $31,995 | $2,934 |
| 2011 | $28,982 | $4,002 | $32,984 | $2,970 |
| 2009 | $30,484 | $4,002 | $34,486 | $3,019 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,718 sqft
Lot size
21,780 sqft
ZIP code
62501
City
Argenta
Street
Route 48
Coordinates
39.98147, -88.81603
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 493 Route 48 last sell?
493 Route 48 most recently sold on Nov 21, 2023 for $135,000.
What is the current tax assessment for 493 Route 48?
The most recent total assessment for 493 Route 48 (year 2024) is $46,462 with $3,351 in property tax.
How does 493 Route 48's assessment compare to its last sale price?
The current assessment is 65.6% below the last sale price of $135,000.
When was 493 Route 48 built?
493 Route 48 was built in 1940.
How does 493 Route 48 compare to others on Route 48?
We track 4 other properties on Route 48. Browse the list under "Other properties on Route 48" to compare beds, baths, and sale history.
What are the property facts for 493 Route 48?
493 Route 48 is a 3 bed, 2 bath, 1,718 sqft, 21,780 sqft lot single_family.
Is 493 Route 48 a flip candidate?
No — 493 Route 48 does not appear in our flips dataset.
Is 493 Route 48 a tax-appeal candidate?
No — 493 Route 48 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.4%
2025 Q4
$192.8K
2026 Q1
$192.6K
ZIP 62501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Route 48