501 Herman St
Lebanon, IL 62254
2 bd 1 ba 1,012 sqft Built 1837 Lot 6,530 sqft single_family
Most recent sale
$33,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $33,000 | MLS #22044128 |
| Jul 6, 2022 | Listed | $35,000 | MLS #22044128 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $4,247 | $3,386 | $7,633 | $650 |
| 2022 | $3,762 | $3,000 | $6,762 | $600 |
| 2021 | $6,683 | $2,839 | $9,522 | $903 |
| 2020 | $6,360 | $2,702 | $9,062 | $296 |
| 2019 | $6,070 | $2,579 | $8,649 | $260 |
| 2018 | $5,890 | $2,502 | $8,392 | $233 |
| 2017 | $5,447 | $2,648 | $8,095 | $205 |
| 2016 | $5,342 | $2,597 | $7,939 | $191 |
| 2015 | $5,300 | $2,576 | $7,876 | $182 |
| 2014 | $5,120 | $2,488 | $7,608 | $150 |
| 2013 | $4,494 | $1,807 | $6,301 | $91 |
| 2012 | $4,544 | $1,827 | $6,371 | $84 |
| 2011 | $13,146 | $1,868 | $15,014 | $738 |
| 2010 | $4,651 | $1,842 | $6,493 | $81 |
| 2009 | $4,670 | $1,850 | $6,520 | $520 |
| 2008 | $4,565 | $1,809 | $6,374 | $495 |
| 2007 | $4,569 | $1,810 | $6,379 | $490 |
Property facts
Year built
1837
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,012 sqft
Lot size
6,530 sqft
ZIP code
62254
City
Lebanon
Street
Herman St
Coordinates
38.59991, -89.80524
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$198
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Herman St last sell?
501 Herman St most recently sold on Jul 28, 2022 for $33,000.
What is the current tax assessment for 501 Herman St?
The most recent total assessment for 501 Herman St (year 2024) is $7,633 with $650 in property tax.
How does 501 Herman St's assessment compare to its last sale price?
The current assessment is 76.9% below the last sale price of $33,000.
When was 501 Herman St built?
501 Herman St was built in 1837.
How does 501 Herman St compare to others on Herman St?
We track 8 other properties on Herman St. Browse the list under "Other properties on Herman St" to compare beds, baths, and sale history.
What are the property facts for 501 Herman St?
501 Herman St is a 2 bed, 1 bath, 1,012 sqft, 6,530 sqft lot single_family.
Is 501 Herman St a flip candidate?
No — 501 Herman St does not appear in our flips dataset.
Is 501 Herman St a tax-appeal candidate?
No — 501 Herman 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
-4.4%
Implied 1-yr
-17.7%
2026 Q3
$203.7K
2026 Q4
$191.1K
ZIP 62254 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Herman St