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409 Torchlight Ln

Lebanon, IL 62254

4 bd 3 ba 2,206 sqft Built 2016 Lot 15,682 sqft single_family
Most recent sale
$587,500
Apr 4, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2024 Sold $587,500 MARIS
Feb 7, 2024 Price changed $598,800 MARIS
Jan 26, 2024 Listed $608,800 MARIS
Dec 15, 2020 Sold $460,000 MARIS
Oct 12, 2020 Listed $439,990 MARIS
Oct 21, 2016 Sold $355,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $154,620 $24,534 $179,154 $3,915
2022 $126,168 $20,019 $146,187 $10,925
2021 $106,412 $20,084 $126,496 $9,566
2016 $18,461 $358 $18,819 $1,489
2015 $350 $350 $28
2014 $346 $346 $28
2013 $341 $341 $27
2012 $347 $347 $27
2011 $380 $380 $30
2010 $387 $387 $29
2009 $387 $387 $28
2008 $387 $387 $28
2007 $372 $372 $27

Property facts

Year built
2016
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,206 sqft
Lot size
15,682 sqft
ZIP code
62254
City
Lebanon
Street
Torchlight Ln
Coordinates
38.64019, -89.89459

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,971
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 409 Torchlight Ln last sell?
409 Torchlight Ln most recently sold on Apr 4, 2024 for $587,500.
What is the current tax assessment for 409 Torchlight Ln?
The most recent total assessment for 409 Torchlight Ln (year 2024) is $179,154 with $3,915 in property tax.
How does 409 Torchlight Ln's assessment compare to its last sale price?
The current assessment is 69.5% below the last sale price of $587,500.
When was 409 Torchlight Ln built?
409 Torchlight Ln was built in 2016.
How does 409 Torchlight Ln compare to others on Torchlight Ln?
We track 5 other properties on Torchlight Ln. Browse the list under "Other properties on Torchlight Ln" to compare beds, baths, and sale history.
What are the property facts for 409 Torchlight Ln?
409 Torchlight Ln is a 4 bed, 3 bath, 2,206 sqft, 15,682 sqft lot single_family.
Is 409 Torchlight Ln a flip candidate?
No — 409 Torchlight Ln does not appear in our flips dataset.
Is 409 Torchlight Ln a tax-appeal candidate?
No — 409 Torchlight Ln 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
-4.4%
Implied 1-yr
-17.7%
2026 Q3
$203.7K
2026 Q4
$191.1K
ZIP 62254 — Median Price History + Forecast

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