515 Monroe St
Decatur, IL 62522
3 bd 2 ba 1,625 sqft Built 1906 Lot 5,663 sqft single_family
Most recent sale
$80,000
Oct 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 4, 2024 | Sold | $117,500 | Public Record |
| Nov 27, 2024 | Sold | $117,500 | MRED |
| Oct 8, 2024 | Listed | $117,500 | MRED |
| Mar 6, 2023 | Listing removed | $90,000 | MRED |
| Oct 21, 2022 | Sold | $80,000 | MLS #11628219 |
| Sep 13, 2022 | Listed | $85,000 | MLS #11628219 |
| Aug 24, 2020 | Price changed | $75,678 | MLS #6202991 |
| Aug 13, 2020 | Price changed | $77,500 | MLS #6202991 |
| Jul 22, 2020 | Listed | $79,900 | MLS #6202991 |
| Jun 14, 2016 | Sold | $70,500 | Public Record |
| Dec 1, 2015 | Listing removed | $75,000 | DecaturIL |
| Sep 2, 2015 | Price changed | $75,000 | MLS #6152147 |
| Jun 3, 2015 | Price changed | $77,000 | MLS #6152147 |
| Jun 2, 2015 | Price changed | $74,900 | MLS #6152147 |
| May 27, 2015 | Listed | $77,000 | MLS #6152147 |
| Aug 1, 2013 | Listing removed | $90,000 | DecaturIL |
| May 1, 2013 | Listed | $90,000 | MLS #191176 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $28,625 | $3,326 | $31,951 | $2,302 |
| 2023 | $26,685 | $3,101 | $29,786 | $2,262 |
| 2022 | $23,432 | $2,723 | $26,155 | $2,105 |
| 2021 | $22,244 | $2,585 | $24,829 | $1,937 |
| 2020 | $21,423 | $2,490 | $23,913 | $1,954 |
| 2019 | $21,211 | $2,465 | $23,676 | $1,880 |
| 2018 | $21,939 | $950 | $22,889 | $1,774 |
| 2017 | $22,525 | $975 | $23,500 | $1,833 |
| 2016 | $27,435 | $985 | $28,420 | $2,369 |
| 2015 | $26,950 | $968 | $27,918 | $2,240 |
| 2014 | $26,683 | $958 | $27,641 | $2,106 |
| 2013 | $27,685 | $994 | $28,679 | $2,132 |
| 2012 | $28,541 | $1,025 | $29,566 | $2,212 |
| 2011 | $29,273 | $1,051 | $30,324 | $2,206 |
| 2009 | $30,178 | $1,083 | $31,261 | $427 |
| 2007 | $29,149 | $1,046 | $30,195 | $409 |
Property facts
Year built
1906
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,625 sqft
Lot size
5,663 sqft
ZIP code
62522
City
Decatur
Street
Monroe St
Coordinates
39.83641, -88.96370
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 Monroe St last sell?
515 Monroe St most recently sold on Oct 21, 2022 for $80,000.
What is the current tax assessment for 515 Monroe St?
The most recent total assessment for 515 Monroe St (year 2024) is $31,951 with $2,302 in property tax.
How does 515 Monroe St's assessment compare to its last sale price?
The current assessment is 60.1% below the last sale price of $80,000.
When was 515 Monroe St built?
515 Monroe St was built in 1906.
How does 515 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 515 Monroe St?
515 Monroe St is a 3 bed, 2 bath, 1,625 sqft, 5,663 sqft lot single_family.
Is 515 Monroe St a flip candidate?
No — 515 Monroe St does not appear in our flips dataset.
Is 515 Monroe St a tax-appeal candidate?
No — 515 Monroe St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.3%
Implied 1-yr
+29.2%
2026 Q3
$239.4K
2026 Q4
$251.2K
ZIP 62522 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe St