1954 Martin Luther King Jr Dr
Decatur, IL 62526
2 bd 1 ba 728 sqft Built 1940 Lot 6,970 sqft single_family
Most recent sale
$12,035
Oct 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 27, 2022 | Sold | $16,000 | MRED |
| Nov 16, 2022 | Listed | $16,000 | MRED |
| Oct 27, 2022 | Sold | $12,035 | MLS #11497713 |
| Sep 14, 2022 | Price changed | $15,000 | MLS #11497713 |
| Aug 18, 2022 | Listed | $18,000 | MLS #11497713 |
| Aug 2, 2022 | Listed | $18,000 | MLS #6222391 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $6,248 | $430 | $6,678 | $602 |
| 2023 | $5,825 | $401 | $6,226 | $597 |
| 2022 | $4,566 | $388 | $4,954 | $514 |
| 2021 | $4,335 | $368 | $4,703 | $483 |
| 2020 | $4,175 | $354 | $4,529 | $494 |
| 2019 | $4,134 | $350 | $4,484 | $477 |
| 2018 | $4,609 | $196 | $4,805 | $505 |
| 2017 | $4,732 | $201 | $4,933 | $517 |
| 2016 | $4,780 | $203 | $4,983 | $527 |
| 2015 | $4,695 | $199 | $4,894 | $500 |
| 2014 | $4,649 | $197 | $4,846 | $472 |
| 2013 | $4,824 | $204 | $5,028 | $394 |
| 2012 | $4,973 | $210 | $5,183 | $393 |
| 2011 | $5,101 | $215 | $5,316 | $380 |
| 2009 | $5,259 | $222 | $5,481 | $488 |
| 2007 | $6,122 | $215 | $6,337 | $540 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
728 sqft
Lot size
6,970 sqft
ZIP code
62526
City
Decatur
Street
Martin Luther King Jr Dr
Coordinates
39.86199, -88.94966
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$72
Gross rental yield
7.18%
Implied cap rate
4.67%
Trend-extrapolated value
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Frequently asked questions
When did 1954 Martin Luther King Jr Dr last sell?
1954 Martin Luther King Jr Dr most recently sold on Oct 27, 2022 for $12,035.
What is the current tax assessment for 1954 Martin Luther King Jr Dr?
The most recent total assessment for 1954 Martin Luther King Jr Dr (year 2024) is $6,678 with $602 in property tax.
How does 1954 Martin Luther King Jr Dr's assessment compare to its last sale price?
The current assessment is 44.5% below the last sale price of $12,035.
When was 1954 Martin Luther King Jr Dr built?
1954 Martin Luther King Jr Dr was built in 1940.
How does 1954 Martin Luther King Jr Dr compare to others on Martin Luther King Jr Dr?
We track 8 other properties on Martin Luther King Jr Dr. Browse the list under "Other properties on Martin Luther King Jr Dr" to compare beds, baths, and sale history.
What are the property facts for 1954 Martin Luther King Jr Dr?
1954 Martin Luther King Jr Dr is a 2 bed, 1 bath, 728 sqft, 6,970 sqft lot single_family.
Is 1954 Martin Luther King Jr Dr a flip candidate?
Yes — 1954 Martin Luther King Jr Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1954 Martin Luther King Jr Dr a tax-appeal candidate?
No — 1954 Martin Luther King Jr Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$254.9K
2026 Q4
$264.1K
ZIP 62526 — Median Price History + Forecast
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Geography