Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 32M+ properties All 50 states Methodology

1261 County Road 1200

Lerna, IL 62440

4 bd 1 ba 1,380 sqft Built 1980 Lot 142,441 sqft single_family
Most recent sale
$50,000
Jun 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 23, 2025 Price changed $52,500 CentralIllinois
Dec 19, 2024 Listed $60,000 MRED
Apr 26, 2023 Listing removed $78,500 MRED
Jan 11, 2023 Listed $70,000 MRED
Aug 31, 2022 Listing removed $91,000 MRED
Mar 31, 2022 Price changed $78,500 MLS #6217799
Feb 18, 2022 Listed $85,000 MLS #6217799
Jun 30, 2021 Sold $50,000 MLS #11500332
May 13, 2021 Listed $84,900 MLS #6212296
Jan 30, 2007 Sold $47,000 Public Record
Jan 1, 2007 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $1,404 $7,891 $9,295 $557
2022 $3,533 $5,558 $9,091 $586
2021 $3,650 $5,743 $9,393 $613
2020 $24,111 $5,558 $29,669 $2,014
2019 $27,663 $5,558 $33,221 $2,281
2018 $26,756 $5,376 $32,132 $2,307
2017 $24,304 $5,243 $29,547 $1,810
2016 $24,304 $5,243 $29,547 $1,849
2015 $24,304 $5,243 $29,547 $1,865
2014 $24,304 $5,243 $29,547 $1,334
2013 $24,304 $5,243 $29,547 $1,365
2012 $25,056 $5,405 $30,461 $1,499

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,380 sqft
Lot size
142,441 sqft
ZIP code
62440
City
Lerna
Street
County Road 1200
Coordinates
39.35456, -88.24944

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1261 County Road 1200 last sell?
1261 County Road 1200 most recently sold on Jun 30, 2021 for $50,000.
What is the current tax assessment for 1261 County Road 1200?
The most recent total assessment for 1261 County Road 1200 (year 2024) is $9,295 with $557 in property tax.
How does 1261 County Road 1200's assessment compare to its last sale price?
The current assessment is 81.4% below the last sale price of $50,000.
When was 1261 County Road 1200 built?
1261 County Road 1200 was built in 1980.
How does 1261 County Road 1200 compare to others on County Road 1200?
We track 4 other properties on County Road 1200. Browse the list under "Other properties on County Road 1200" to compare beds, baths, and sale history.
What are the property facts for 1261 County Road 1200?
1261 County Road 1200 is a 4 bed, 1 bath, 1,380 sqft, 142,441 sqft lot single_family.
Is 1261 County Road 1200 a flip candidate?
No — 1261 County Road 1200 does not appear in our flips dataset.
Is 1261 County Road 1200 a tax-appeal candidate?
No — 1261 County Road 1200 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
-4.9%
Implied 1-yr
-19.4%
2025 Q3
$292.5K
2025 Q4
$292.5K
ZIP 62440 — Median Price History + Forecast

Explore nearby