502 Herman St
Lebanon, IL 62254
3 bd 1 ba 756 sqft Built 1907 Lot 1,917 sqft single_family
Most recent sale
$63,000
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 26, 2024 | Listed for rent | $1,195 | Avail |
| Feb 7, 2023 | Listed for rent | $1,195 | ShowMojo |
| Nov 8, 2022 | Listed for rent | $1,195 | ShowMojo |
| Aug 8, 2022 | Listed for rent | $1,195 | ShowMojo |
| Apr 7, 2022 | Price changed for rent | $1,195 | ShowMojo |
| Apr 6, 2022 | Listed for rent | $950 | ShowMojo |
| Feb 4, 2022 | Sold | $63,000 | MLS #21060527 |
| Sep 12, 2021 | Price changed | $69,500 | MLS #21060527 |
| Aug 21, 2021 | Listed | $75,000 | MLS #21060527 |
| Jun 9, 2014 | Sold | $5,600 | MLS #4214502 |
| May 7, 2014 | Price changed | $16,000 | MLS #4214502 |
| May 1, 2014 | Listing removed | $16,000 | SWIllinois |
| Apr 30, 2014 | Listed | $16,000 | MLS #4305672 |
| Feb 28, 2014 | Price changed | $19,000 | MLS #4214502 |
| Feb 14, 2014 | Price changed | $22,800 | MLS #4214502 |
| Jan 10, 2014 | Price changed | $20,400 | MLS #4214502 |
| Nov 14, 2013 | Price changed | $34,200 | MLS #4214502 |
| Oct 3, 2013 | Listed | $38,000 | MLS #4214502 |
| Mar 26, 2007 | Sold | $56,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $28,673 | $1,009 | $29,682 | $2,530 |
| 2022 | $25,399 | $894 | $26,293 | $2,334 |
| 2021 | $23,077 | $847 | $23,924 | $2,270 |
| 2020 | $21,961 | $806 | $22,767 | $2,202 |
| 2019 | $20,961 | $769 | $21,730 | $2,128 |
| 2018 | $20,339 | $746 | $21,085 | $2,053 |
| 2017 | $3,492 | $789 | $4,281 | $419 |
| 2016 | $3,425 | $774 | $4,199 | $414 |
| 2015 | $13,725 | $768 | $14,493 | $1,407 |
| 2014 | $19,037 | $742 | $19,779 | $1,840 |
| 2013 | $18,828 | $539 | $19,367 | $1,212 |
| 2012 | $19,037 | $545 | $19,582 | $1,133 |
| 2011 | $19,465 | $557 | $20,022 | $1,148 |
| 2010 | $19,734 | $736 | $20,470 | $1,168 |
| 2009 | $19,815 | $739 | $20,554 | $1,161 |
| 2008 | $19,371 | $722 | $20,093 | $1,133 |
| 2007 | $19,387 | $723 | $20,110 | $891 |
Property facts
Year built
1907
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
756 sqft
Lot size
1,917 sqft
ZIP code
62254
City
Lebanon
Street
Herman St
Coordinates
38.59994, -89.80464
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
$378
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Herman St last sell?
502 Herman St most recently sold on Feb 4, 2022 for $63,000.
What is the current tax assessment for 502 Herman St?
The most recent total assessment for 502 Herman St (year 2024) is $29,682 with $2,530 in property tax.
How does 502 Herman St's assessment compare to its last sale price?
The current assessment is 52.9% below the last sale price of $63,000.
When was 502 Herman St built?
502 Herman St was built in 1907.
How does 502 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 502 Herman St?
502 Herman St is a 3 bed, 1 bath, 756 sqft, 1,917 sqft lot single_family.
Is 502 Herman St a flip candidate?
No — 502 Herman St does not appear in our flips dataset.
Is 502 Herman St a tax-appeal candidate?
No — 502 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