505 Cole St
Heyworth, IL 61745
3 bd 4 ba 3,040 sqft Built 1994 Lot 8,712 sqft single_family
Most recent sale
$245,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2025 | Sold | $292,000 | MRED |
| May 1, 2025 | Price changed | $299,900 | MRED |
| Apr 23, 2025 | Listed | $305,000 | MRED |
| Aug 17, 2022 | Sold | $245,000 | MLS #11452214 |
| Jul 1, 2022 | Listed | $235,000 | MLS #11452214 |
| Aug 2, 2021 | Sold | $175,000 | Public Record |
| Apr 28, 2020 | Listing removed | $170,000 | MRED |
| Apr 15, 2020 | Price changed | $170,000 | MLS #10671943 |
| Mar 20, 2020 | Relisted | $175,000 | MLS #10671943 |
| Mar 19, 2020 | Listing removed | $175,000 | MRED |
| Jul 20, 2019 | Sold | $93,500 | Public Record |
| May 2, 2018 | Listing removed | $144,600 | BloomingtonNormal |
| Sep 15, 2014 | Sold | $149,000 | MLS #2142888 |
| Jul 29, 2014 | Listed | $149,900 | MLS #2142888 |
| Oct 25, 2013 | Price changed | $144,600 | MLS #2132561 |
| Jul 17, 2013 | Listed | $154,000 | MLS #2132561 |
| Jul 13, 2005 | Sold | $160,000 | Public Record |
| Jan 1, 2000 | Sold | $132,000 | Public Record |
| Jan 1, 1996 | Sold | $128,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $86,285 | $7,416 | $93,701 | $6,509 |
| 2022 | $58,293 | $5,612 | $63,905 | $5,086 |
| 2021 | $55,917 | $5,383 | $61,300 | $5,501 |
| 2020 | $55,161 | $5,310 | $60,471 | $5,489 |
| 2019 | $54,767 | $5,272 | $60,039 | $5,447 |
| 2018 | $54,767 | $5,272 | $60,039 | $4,914 |
| 2017 | $54,338 | $5,231 | $59,569 | $4,833 |
| 2016 | $54,338 | $5,231 | $59,569 | $4,805 |
| 2015 | $52,653 | $5,069 | $57,722 | $4,678 |
| 2014 | $52,653 | $5,069 | $57,722 | $4,628 |
| 2013 | $52,653 | $5,069 | $57,722 | $4,594 |
| 2012 | $53,887 | $5,188 | $59,075 | $4,667 |
| 2010 | $53,887 | $5,188 | $59,075 | $4,453 |
| 2009 | $53,190 | $5,121 | $58,311 | $4,361 |
| 2008 | $51,893 | $4,996 | $56,889 | $4,257 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
3,040 sqft
Lot size
8,712 sqft
ZIP code
61745
City
Heyworth
Street
Cole St
Coordinates
40.31277, -88.97141
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Cole St last sell?
505 Cole St most recently sold on Aug 17, 2022 for $245,000.
What is the current tax assessment for 505 Cole St?
The most recent total assessment for 505 Cole St (year 2024) is $93,701 with $6,509 in property tax.
How does 505 Cole St's assessment compare to its last sale price?
The current assessment is 61.8% below the last sale price of $245,000.
When was 505 Cole St built?
505 Cole St was built in 1994.
How does 505 Cole St compare to others on Cole St?
We track 7 other properties on Cole St. Browse the list under "Other properties on Cole St" to compare beds, baths, and sale history.
What are the property facts for 505 Cole St?
505 Cole St is a 3 bed, 4 bath, 3,040 sqft, 8,712 sqft lot single_family.
Is 505 Cole St a flip candidate?
Yes — 505 Cole St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Cole St a tax-appeal candidate?
No — 505 Cole 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$335.2K
2026 Q4
$340.5K
ZIP 61745 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cole St