506 Herman St
Lebanon, IL 62254
3 bd 2 ba 1,719 sqft Built 1898 Lot 6,490 sqft single_family
Most recent sale
$145,000
Nov 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 24, 2021 | Sold | $145,000 | MLS #21074929 |
| Oct 20, 2021 | Listed | $145,000 | MLS #21074929 |
| May 8, 2015 | Sold | $112,000 | MLS #4316185 |
| Feb 23, 2015 | Price changed | $119,900 | MLS #4316185 |
| Nov 21, 2014 | Listed | $119,900 | MLS #4316185 |
| Mar 26, 2012 | Listing removed | $89,900 | SWIllinois |
| Jan 9, 2012 | Price changed | $89,900 | MLS #4015118 |
| Dec 5, 2011 | Listed | $94,000 | MLS #4015118 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $46,072 | $3,029 | $49,101 | $3,674 |
| 2022 | $40,811 | $2,683 | $43,494 | $3,328 |
| 2021 | $35,898 | $2,538 | $38,436 | $3,647 |
| 2020 | $34,163 | $2,415 | $36,578 | $3,539 |
| 2019 | $32,608 | $2,305 | $34,913 | $3,420 |
| 2018 | $31,640 | $2,237 | $33,877 | $3,300 |
| 2017 | $30,807 | $2,366 | $33,173 | $3,249 |
| 2016 | $30,215 | $2,321 | $32,536 | $3,208 |
| 2015 | $29,975 | $2,303 | $32,278 | $3,134 |
| 2014 | $28,956 | $2,225 | $31,181 | $2,902 |
| 2013 | $20,803 | $1,615 | $22,418 | $2,034 |
| 2012 | $26,571 | $1,633 | $28,204 | $2,355 |
| 2011 | $27,169 | $1,670 | $28,839 | $2,362 |
| 2010 | $21,181 | $1,698 | $22,879 | $1,847 |
| 2009 | $21,268 | $1,705 | $22,973 | $1,354 |
| 2008 | $20,792 | $1,667 | $22,459 | $1,318 |
| 2007 | $20,809 | $1,668 | $22,477 | $1,073 |
Property facts
Year built
1898
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,719 sqft
Lot size
6,490 sqft
ZIP code
62254
City
Lebanon
Street
Herman St
Coordinates
38.59983, -89.80451
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 506 Herman St last sell?
506 Herman St most recently sold on Nov 24, 2021 for $145,000.
What is the current tax assessment for 506 Herman St?
The most recent total assessment for 506 Herman St (year 2024) is $49,101 with $3,674 in property tax.
How does 506 Herman St's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $145,000.
When was 506 Herman St built?
506 Herman St was built in 1898.
How does 506 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 506 Herman St?
506 Herman St is a 3 bed, 2 bath, 1,719 sqft, 6,490 sqft lot single_family.
Is 506 Herman St a flip candidate?
No — 506 Herman St does not appear in our flips dataset.
Is 506 Herman St a tax-appeal candidate?
No — 506 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