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402 John St

Farmer City, IL 61842

3 bd 1 ba 2,313 sqft Built 1953 Lot 12,821 sqft single_family
Most recent sale
$127,500
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2023 Sold $132,500 MRED
May 31, 2023 Listed $132,500 MRED
May 4, 2022 Sold $127,500 MLS #11331694
Mar 4, 2022 Listed $129,900 MLS #11331694
Jul 1, 2020 Sold $105,000 MLS #10707587
May 6, 2020 Listed $105,000 MLS #10707587
Oct 27, 2012 Listing removed $100,000 ChampaignArea
Jul 17, 2012 Price changed $100,000 MLS #2122923
Jun 13, 2012 Listed $107,500 MLS #2122923

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $47,893 $6,709 $54,602 $4,180
2023 $43,898 $6,149 $50,047 $3,779
2022 $37,634 $5,283 $42,917 $3,569
2021 $29,411 $5,050 $34,461 $2,773
2020 $29,871 $5,129 $35,000 $2,822
2019 $27,948 $5,129 $33,077 $2,633
2018 $27,293 $5,009 $32,302 $2,533
2017 $26,627 $4,816 $31,443 $2,571
2016 $26,105 $4,722 $30,827 $2,500
2015 $26,105 $4,722 $30,827 $2,422
2014 $26,105 $4,722 $30,827 $2,411
2013 $26,105 $4,722 $30,827 $2,446
2012 $26,105 $4,722 $30,827 $2,404
2010 $30,163 $2,299
2009 $29,571 $2,214
2008 $28,906 $2,138

Property facts

Year built
1953
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,313 sqft
Lot size
12,821 sqft
ZIP code
61842
City
Farmer City
Street
John St
Coordinates
40.24703, -88.64573

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$765
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 402 John St last sell?
402 John St most recently sold on May 4, 2022 for $127,500.
What is the current tax assessment for 402 John St?
The most recent total assessment for 402 John St (year 2024) is $54,602 with $4,180 in property tax.
How does 402 John St's assessment compare to its last sale price?
The current assessment is 57.2% below the last sale price of $127,500.
When was 402 John St built?
402 John St was built in 1953.
How does 402 John St compare to others on John St?
We track 8 other properties on John St. Browse the list under "Other properties on John St" to compare beds, baths, and sale history.
What are the property facts for 402 John St?
402 John St is a 3 bed, 1 bath, 2,313 sqft, 12,821 sqft lot single_family.
Is 402 John St a flip candidate?
Yes — 402 John St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 John St a tax-appeal candidate?
No — 402 John St 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$166.3K
2026 Q4
$166.2K
ZIP 61842 — Median Price History + Forecast

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