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109 Gassmann St

Olney, IL 62450

4 bd 3 ba 2,562 sqft Built 1980 Lot 14,810 sqft single_family
Most recent sale
$207,500
Dec 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2022 Sold $207,500 MRED
Dec 12, 2022 Listing removed CentralIllinois
Oct 9, 2022 Listed $219,900 MRED
Jan 6, 2021 Sold $182,000 MRED
Dec 9, 2020 Listing removed CentralIllinois
Nov 24, 2020 Listed $179,900 CentralIllinois

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $67,079 $5,928 $73,007 $5,088
2022 $57,509 $5,082 $62,591 $4,540
2021 $51,415 $4,840 $56,255 $4,245
2020 $45,528 $4,745 $50,273 $3,776
2019 $45,528 $4,745 $50,273 $3,813
2018 $45,528 $4,745 $50,273 $3,758
2017 $45,077 $4,698 $49,775 $3,693
2016 $42,930 $4,474 $47,404 $3,536
2015 $41,279 $4,302 $45,581 $3,411
2014 $40,470 $4,218 $44,688 $3,256
2013 $38,913 $4,056 $42,969 $3,047
2012 $37,060 $3,863 $40,923 $2,868
2010 $37,434 $3,902 $41,336 $2,861
2009 $36,700 $3,825 $40,525 $2,772

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,562 sqft
Lot size
14,810 sqft
ZIP code
62450
City
Olney
Street
Gassmann St
Coordinates
38.74637, -88.08337

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,245
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 109 Gassmann St last sell?
109 Gassmann St most recently sold on Dec 29, 2022 for $207,500.
What is the current tax assessment for 109 Gassmann St?
The most recent total assessment for 109 Gassmann St (year 2024) is $73,007 with $5,088 in property tax.
How does 109 Gassmann St's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $207,500.
When was 109 Gassmann St built?
109 Gassmann St was built in 1980.
How does 109 Gassmann St compare to others on Gassmann St?
We track 1 other property on Gassmann St. Browse the list under "Other properties on Gassmann St" to compare beds, baths, and sale history.
What are the property facts for 109 Gassmann St?
109 Gassmann St is a 4 bed, 3 bath, 2,562 sqft, 14,810 sqft lot single_family.
Is 109 Gassmann St a flip candidate?
No — 109 Gassmann St does not appear in our flips dataset.
Is 109 Gassmann St a tax-appeal candidate?
No — 109 Gassmann St 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
+6.1%
Implied 1-yr
+24.5%
2025 Q3
$203.7K
2025 Q4
$212.7K
ZIP 62450 — Median Price History + Forecast

Explore nearby

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