1218 Melissa Ln
Olney, IL 62450
3 bd 3 ba 1,410 sqft Built 1983 Lot 13,500 sqft single_family
Most recent sale
$190,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $190,000 | MLS #11095967 |
| Jul 26, 2022 | Listed | $214,200 | MLS #11095967 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $58,242 | $8,914 | $67,156 | $4,264 |
| 2022 | $49,933 | $7,643 | $57,576 | $3,736 |
| 2021 | $44,137 | $7,279 | $51,416 | $3,414 |
| 2020 | $43,272 | $7,136 | $50,408 | $3,362 |
| 2019 | $43,272 | $7,136 | $50,408 | $3,394 |
| 2018 | $43,272 | $7,136 | $50,408 | $3,345 |
| 2017 | $42,844 | $7,065 | $49,909 | $3,283 |
| 2016 | $40,804 | $6,729 | $47,533 | $3,120 |
| 2015 | $39,235 | $6,470 | $45,705 | $2,992 |
| 2014 | $38,466 | $6,343 | $44,809 | $2,846 |
| 2013 | $36,987 | $6,099 | $43,086 | $2,645 |
| 2012 | $35,226 | $5,809 | $41,035 | $2,549 |
| 2010 | $35,582 | $5,868 | $41,450 | $2,547 |
| 2009 | $34,884 | $5,753 | $40,637 | $2,460 |
| 2008 | $34,200 | $5,640 | $39,840 | $2,415 |
Property facts
Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,410 sqft
Lot size
13,500 sqft
ZIP code
62450
City
Olney
Street
Melissa Ln
Coordinates
38.74462, -88.07152
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1218 Melissa Ln last sell?
1218 Melissa Ln most recently sold on Oct 7, 2022 for $190,000.
What is the current tax assessment for 1218 Melissa Ln?
The most recent total assessment for 1218 Melissa Ln (year 2024) is $67,156 with $4,264 in property tax.
How does 1218 Melissa Ln's assessment compare to its last sale price?
The current assessment is 64.7% below the last sale price of $190,000.
When was 1218 Melissa Ln built?
1218 Melissa Ln was built in 1983.
How does 1218 Melissa Ln compare to others on Melissa Ln?
We do not currently track other properties on Melissa Ln.
What are the property facts for 1218 Melissa Ln?
1218 Melissa Ln is a 3 bed, 3 bath, 1,410 sqft, 13,500 sqft lot single_family.
Is 1218 Melissa Ln a flip candidate?
No — 1218 Melissa Ln does not appear in our flips dataset.
Is 1218 Melissa Ln a tax-appeal candidate?
No — 1218 Melissa Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.5%
2025 Q3
$203.7K
2025 Q4
$212.7K
ZIP 62450 — Median Price History + Forecast
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Geography