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3416 Meridian Rd

Olney, IL 62450

3 bd 3 ba 3,599 sqft Built 2003 Lot 348,480 sqft single_family
Most recent sale
$410,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $410,000 MLS #11497000
Aug 18, 2022 Listed $425,000 MLS #11497000
Jun 22, 2022 Listed $425,000 MLS #6221551

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $122,472 $6,278 $128,750 $7,999
2022 $105,000 $5,382 $110,382 $6,747
2021 $74,039 $5,126 $79,165 $4,713
2020 $72,587 $5,025 $77,612 $4,767
2019 $72,587 $5,025 $77,612 $4,837
2018 $72,587 $5,025 $77,612 $4,806
2017 $71,868 $4,975 $76,843 $4,766
2016 $68,446 $4,738 $73,184 $4,957
2015 $65,813 $4,556 $70,369 $4,838
2014 $64,523 $4,467 $68,990 $4,638
2013 $62,041 $4,295 $66,336 $4,335
2012 $59,087 $4,090 $63,177 $4,100
2010 $59,684 $4,131 $63,815 $4,082
2009 $58,514 $4,050 $62,564 $3,958
2008 $54,180 $3,750 $57,930 $3,692

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,599 sqft
Lot size
348,480 sqft
ZIP code
62450
City
Olney
Street
Meridian Rd
Coordinates
38.69610, -88.02256

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,460
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3416 Meridian Rd last sell?
3416 Meridian Rd most recently sold on Oct 21, 2022 for $410,000.
What is the current tax assessment for 3416 Meridian Rd?
The most recent total assessment for 3416 Meridian Rd (year 2024) is $128,750 with $7,999 in property tax.
How does 3416 Meridian Rd's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $410,000.
When was 3416 Meridian Rd built?
3416 Meridian Rd was built in 2003.
How does 3416 Meridian Rd compare to others on Meridian Rd?
We track 1 other property on Meridian Rd. Browse the list under "Other properties on Meridian Rd" to compare beds, baths, and sale history.
What are the property facts for 3416 Meridian Rd?
3416 Meridian Rd is a 3 bed, 3 bath, 3,599 sqft, 348,480 sqft lot single_family.
Is 3416 Meridian Rd a flip candidate?
No — 3416 Meridian Rd does not appear in our flips dataset.
Is 3416 Meridian Rd a tax-appeal candidate?
No — 3416 Meridian Rd 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

Other properties on Meridian Rd