1562 Riedel Ave
Decatur, IL 62526
2 bd 2 ba 1,435 sqft Built 1938 Lot 81,893 sqft single_family
Most recent sale
$150,000
Dec 19, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 19, 2023 | Sold | $150,000 | MRED |
| Nov 25, 2023 | Listing removed | — | CentralIllinois |
| Oct 27, 2023 | Listed | $149,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $43,257 | $8,007 | $51,264 | $3,105 |
| 2023 | $40,401 | $7,478 | $47,879 | $1,955 |
| 2022 | $33,887 | $6,272 | $40,159 | $1,991 |
| 2021 | $32,209 | $5,961 | $38,170 | $1,990 |
| 2020 | $31,562 | $5,841 | $37,403 | $1,959 |
| 2019 | $31,543 | $5,837 | $37,380 | $1,954 |
| 2018 | $31,769 | $5,879 | $37,648 | $1,934 |
| 2017 | $31,627 | $5,853 | $37,480 | $1,954 |
| 2016 | $31,703 | $5,867 | $37,570 | $1,976 |
| 2015 | $31,327 | $5,797 | $37,124 | $1,953 |
| 2014 | $31,327 | $5,797 | $37,124 | $1,785 |
| 2013 | $31,327 | $5,797 | $37,124 | $1,780 |
| 2012 | $31,327 | $5,797 | $37,124 | $1,822 |
| 2011 | $31,966 | $5,915 | $37,881 | $1,857 |
| 2009 | $32,289 | $5,975 | $38,264 | $1,814 |
Property facts
Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,435 sqft
Lot size
81,893 sqft
ZIP code
62526
City
Decatur
Street
Riedel Ave
Coordinates
39.88427, -88.98500
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1562 Riedel Ave last sell?
1562 Riedel Ave most recently sold on Dec 19, 2023 for $150,000.
What is the current tax assessment for 1562 Riedel Ave?
The most recent total assessment for 1562 Riedel Ave (year 2024) is $51,264 with $3,105 in property tax.
How does 1562 Riedel Ave's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $150,000.
When was 1562 Riedel Ave built?
1562 Riedel Ave was built in 1938.
How does 1562 Riedel Ave compare to others on Riedel Ave?
We track 7 other properties on Riedel Ave. Browse the list under "Other properties on Riedel Ave" to compare beds, baths, and sale history.
What are the property facts for 1562 Riedel Ave?
1562 Riedel Ave is a 2 bed, 2 bath, 1,435 sqft, 81,893 sqft lot single_family.
Is 1562 Riedel Ave a flip candidate?
No — 1562 Riedel Ave does not appear in our flips dataset.
Is 1562 Riedel Ave a tax-appeal candidate?
No — 1562 Riedel Ave 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
Explore nearby
Geography
Other properties on Riedel Ave