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4503 Ironwood Ln

Champaign, IL 61822

4 bd 4 ba 2,796 sqft Built 2003 single_family
Most recent sale
$450,000
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2023 Listing removed $437,500 MRED
Apr 7, 2022 Sold $450,000 MLS #11324285
Mar 1, 2022 Listed $430,000 MLS #11324285
Jul 30, 2020 Sold $382,000 MLS #10719653
Jun 5, 2020 Listed $389,000 MLS #10719653
Jun 15, 2016 Listing removed $389,900 ChampaignArea
Jun 2, 2016 Price changed $389,900 MLS #2160677
Apr 15, 2016 Price changed $399,900 MLS #2160677
Feb 20, 2016 Listed $414,900 MLS #2160677
Jul 5, 2011 Sold $414,000 Public Record
May 21, 2011 Listing removed $429,000 ChampaignArea
Jan 8, 2011 Listed $429,000 MLS #2110178
Jun 7, 2010 Listing removed $450,500 ChampaignArea
Mar 2, 2010 Listed $449,999 MLS #2101065
Feb 1, 2010 Listing removed $464,900 ChampaignArea
Nov 2, 2009 Price changed $464,900 MLS #2091825
Jul 25, 2009 Price changed $469,900 MLS #2091825
Jun 11, 2009 Price changed $474,900 MLS #2091825
May 7, 2009 Listed $479,900 MLS #2091825
Jul 12, 2007 Sold $437,000 Public Record
Aug 31, 2005 Sold $415,000 Public Record
Aug 29, 2005 Sold $415,000 MRED
Apr 22, 2003 Sold $326,500 Public Record
Mar 28, 2003 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $138,410 $32,340 $170,750 $12,851
2023 $122,920 $28,720 $151,640 $12,229
2022 $105,880 $24,740 $130,620 $11,619
2021 $104,010 $24,300 $128,310 $11,343
2020 $102,980 $24,060 $127,040 $11,239
2019 $101,260 $23,660 $124,920 $10,904
2018 $101,260 $23,660 $124,920 $10,886
2017 $101,260 $23,660 $124,920 $10,899
2016 $99,800 $23,660 $123,460 $9,867
2015 $114,890 $23,660 $138,550 $11,410
2014 $110,010 $23,660 $133,670 $10,906
2013 $93,210 $23,660 $116,870 $9,388
2012 $93,210 $23,660 $116,870 $9,053
2011 $93,210 $23,660 $116,870 $8,882
2010 $98,760 $22,430 $121,190 $8,756
2009 $100,880 $22,910 $123,790 $8,772
2008 $100,880 $22,910 $123,790 $8,777
2006 $97,510 $22,140 $119,650 $8,580
2005 $92,590 $21,020 $113,610 $8,063

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,796 sqft
Lot size
ZIP code
61822
City
Champaign
Street
Ironwood Ln
Coordinates
40.08662, -88.31913

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,033
Gross rental yield
13.42%
Implied cap rate
8.72%
Trend-extrapolated value

Frequently asked questions

When did 4503 Ironwood Ln last sell?
4503 Ironwood Ln most recently sold on Apr 7, 2022 for $450,000.
What is the current tax assessment for 4503 Ironwood Ln?
The most recent total assessment for 4503 Ironwood Ln (year 2024) is $170,750 with $12,851 in property tax.
How does 4503 Ironwood Ln's assessment compare to its last sale price?
The current assessment is 62.1% below the last sale price of $450,000.
When was 4503 Ironwood Ln built?
4503 Ironwood Ln was built in 2003.
How does 4503 Ironwood Ln compare to others on Ironwood Ln?
We track 8 other properties on Ironwood Ln. Browse the list under "Other properties on Ironwood Ln" to compare beds, baths, and sale history.
What are the property facts for 4503 Ironwood Ln?
4503 Ironwood Ln is a 4 bed, 4 bath, 2,796 sqft single_family.
Is 4503 Ironwood Ln a flip candidate?
No — 4503 Ironwood Ln does not appear in our flips dataset.
Is 4503 Ironwood Ln a tax-appeal candidate?
No — 4503 Ironwood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.1%
2026 Q3
$315K
2026 Q4
$309.6K
ZIP 61822 — Median Price History + Forecast

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